INSTITUTE FOR LEADERSHIP EDUCATION ADVA (EIN 232821833) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

DAVID CASTRO

Phone

4844325022

Tax Period

2024-07-01 to 2025-06-30

INSTITUTE FOR LEADERSHIP EDUCATION ADVA, founded in 1995, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $2.2M left a modest 9% surplus.

Mission

I-LEAD IS A COMMUNITY BASED NON-PROFIT SCHOOL THAT WORKS TO IMPROVE LOCAL QUALITY OF LIFE BY HELPING TO STRENGTHEN CITIZENS AS EFFECTIVE COMMUNITY LEADERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $889,762

Program Service Revenue $1,219,705

Investment Income $309,709

Other Revenue $24,346

TOTAL REVENUE $2,443,522

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,225,317

Fundraising Expenses $78,703

Program Expenses $2,014,129

Other Expenses $994,074

TOTAL EXPENSES $2,219,391

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,443,522	$2,110,383	+0.2%
Expenses	$2,219,391	$2,048,759	+0.1%
Net Income	$224,131	$61,624	+2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$348,974

Total Directors

$212,223

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CASTRO	PRESIDENT & CEO	50.00	Officer Director	$212,223	$0	$212,223
DAVID MAOLA	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBERT JEFFERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
LYNNE M ABRAHAM	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
SUSAN HERRON	SECRETARY	2.00	Officer Director	$0	$0	$0
JOSEPH AMPREY	BOARD MEMBER	2.00	Director	$0	$0	$0
ANGEL FIGUEROA	SENIOR VICE PRESIDENT	50.00	Officer	$129,461	$7,290	$136,751

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$2,443,522	$2,219,391	$6,957,585	$224,131
2024	No data	No data	No data	No data
2023	$1,769,500	$1,742,756	$6,400,131	$26,744
2022	$1,934,098	$1,918,498	$5,714,064	$15,600
2021	$2,438,363	$2,243,021	$6,013,900	$195,342
2020	$2,849,760	$2,561,894	$6,153,601	$287,866
2019	$2,597,328	$2,499,385	$10,309,004	$97,943
2018	$2,715,586	$2,563,486	$10,141,737	$152,100

INSTITUTE FOR LEADERSHIP EDUCATION ADVA