MILFORD EDUCATION ASSOCIATION (EIN 237106726) - 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

1971

Legal Domicile

Principal Officer

APRIL AGVENT

Phone

2038787820

Tax Period

2024-07-01 to 2025-06-30

MILFORD EDUCATION ASSOCIATION, founded in 1971, is a micro nonprofit that reported $87K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $22K, a strong 25% operating margin.

Mission

REPRESENT TEACHERS' RIGHTS, NEGOTIATE TEACHER CONTRACTS, AND ACT AS LIAISON BETWEEN MILFORD TEACHERS AND CONNECTICUT EDUCATION ASSOCIATION.

🔒

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 $77,089

Program Service Revenue $0

Investment Income $9,899

Other Revenue $0

TOTAL REVENUE $86,988

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,300

Fundraising Expenses $0

Other Expenses $29,050

TOTAL EXPENSES $65,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$86,988	$98,795	-0.1%
Expenses	$65,350	$65,456	0.0%
Net Income	$21,638	$33,339	-0.4%

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

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

$22,045

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
APRIL AGVENT	TREASURER	3.00	Officer	$3,354	$0	$3,354
JOANNE THOMPSON	SECRETARY	2.00	Officer	$2,396	$0	$2,396
FRANK TUPKA	VICE PRESIDENT	4.00	Officer	$5,992	$0	$5,992
STEPHEN BEALE	PRESIDENT	5.00	Officer	$10,303	$0	$10,303

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	$86,988	$65,350	$620,552	$21,638
2024	$98,795	$65,456	$589,687	$33,339
2023	$103,609	$69,482	$545,420	$34,127
2022	$100,785	$61,284	$504,206	$39,501

MILFORD EDUCATION ASSOCIATION