THE NEA FOUNDATION FOR THE IMPROVEMENT OF EDUCATION (EIN 237035089) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

SARA A SNEED

Phone

2028227840

Tax Period

2024-09-01 to 2025-08-31

THE NEA FOUNDATION FOR THE IMPROVEMENT OF EDUCATION, founded in 1969, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2024. Net assets of $53.5M represent 94 months of operating reserves.

Mission

THE FDN. WORKS IN PARTNERSHIP WITH OTHERS TO ADVANCE THE ABSOLUTE BEST IN PUBLIC EDUCATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,780,157

Program Service Revenue $0

Investment Income $2,035,141

Other Revenue $0

TOTAL REVENUE $6,815,298

Expense Breakdown

Grants Paid $2,244,472

Salaries & Benefits $2,621,160

Fundraising Expenses $433,327

Program Expenses $5,444,703

Other Expenses $1,904,446

TOTAL EXPENSES $6,770,078

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,815,298	$6,658,255	+0.0%
Expenses	$6,770,078	$6,194,524	+0.1%
Net Income	$45,220	$463,731	-0.9%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$810,285

Total Directors

$355,474

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARA SNEED	PRESIDENT & CEO	37.50	Officer Director	$304,983	$50,491	$355,474
NICK ARCHULETA	CHAIR	10.00	Officer Director	$0	$0	$0
OLETA GARRETT FITZGERALD	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
TIA DOWDELL	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
ARTHUR AFFLECK	DIRECTOR	1.00	Director	$0	$0	$0
AARO JEAN BELL	DIRECTOR	1.00	Director	$0	$0	$0
DAAIYAH BILAL-THREATS	DIRECTOR	1.00	Director	$0	$0	$0
BRET CONKLIN	DIRECTOR	1.00	Director	$0	$0	$0
BERTIS DOWNS	DIRECTOR	1.00	Director	$0	$0	$0
LAURA ENGEL	DIRECTOR	1.00	Director	$0	$0	$0
ERICA WEBBER JONES	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE KRELL	DIRECTOR	1.00	Director	$0	$0	$0
STUART LUCAS	DIRECTOR	1.00	Director	$0	$0	$0
BRENT MCKIM	DIRECTOR	1.00	Director	$0	$0	$0
MARC MOORGHEN	DIRECTOR	1.00	Director	$0	$0	$0
ROGER POLLAK	DIRECTOR	1.00	Director	$0	$0	$0
BECKY PRINGLE	DIRECTOR	1.00	Director	$0	$0	$0
JANE QUIN	DIRECTOR	1.00	Director	$0	$0	$0
MARCY SINGER-GABELLA	DIRECTOR	1.00	Director	$0	$0	$0
DENISE SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
DERRON WALLACE	DIRECTOR	1.00	Director	$0	$0	$0
MONICA WASHINGTON	DIRECTOR	1.00	Director	$0	$0	$0
JERRY WEAST	DIRECTOR	1.00	Director	$0	$0	$0
ROSS WIENER	DIRECTOR	1.00	Director	$0	$0	$0
CICELY WOODARD	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET PORTA	COIO	37.50	Officer	$187,181	$54,203	$241,384
ERIC JAMES	CFAO	37.50	Officer	$192,796	$20,631	$213,427
KATHERINE GIBNEY	SVP OF DEVELOPMENT	37.50	Highest	$158,402	$48,197	$206,599
ALEXANDER WILKINS	VP OF FINANCE & ADMIN	37.50	Highest	$103,822	$20,618	$124,440

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	$6,815,298	$6,770,078	$56,235,764	$45,220
2024	$6,658,255	$6,194,524	$52,733,359	$463,731
2023	$3,234,576	$5,860,697	$47,215,857	$-2,626,121
2022	$13,777,530	$6,620,376	$46,299,667	$7,157,154
2021	$2,951,280	$4,728,435	$54,448,457	$-1,777,155
2020	$4,854,534	$4,195,565	$47,174,635	$658,969
2019	$4,442,208	$6,220,311	$45,790,387	$-1,778,103
2018	$4,114,883	$6,359,759	$48,231,308	$-2,244,876

THE NEA FOUNDATION FOR THE IMPROVEMENT OF EDUCATION