OPEN LEARNING EXCHANGE INC

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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

2007

Legal Domicile

Principal Officer

RICHARD ROWE

Phone

6174012300

Tax Period

2018-01-01 to 2018-12-31

OPEN LEARNING EXCHANGE INC, founded in 2007, is a small nonprofit in the International Affairs sector that reported $951K in total revenue in fiscal year 2018. Revenue surged 113% from the prior year, signaling strong growth momentum.

Mission

OPEN LEARNING INTERNATIONAL IS COMMITTED TO REMOVING THE BARRIERS TO LEARNING SO THAT ALL OF OUR CHILDREN ENJOY LEARNING THAT IS OPEN, FREE AND MEANINGFUL,ENABLING THEM TO BECOME, IN THEIR OWN WAYS, PRODUCTIVE, LIFE-LONG LEARNERS WHICH IS A REQUIREMENT FOR A SUSTAINABLE WORLD.

Program Service Accomplishments

Program 1

Expenses: $956,308

TO PROVIDE:1. LEADERSHIP DEVELOPMENT: OLE HELPS ESTABLISH NATION-BASED SOCIAL BENEFIT ORGANIZATIONS (SBOS)AND BUILD LOCAL CAPACITY TO ENSURE THAT EVERYONE, PARTICULARLY CHILDREN AND YOUNG GIRLS...

TO PROVIDE:1. LEADERSHIP DEVELOPMENT: OLE HELPS ESTABLISH NATION-BASED SOCIAL BENEFIT ORGANIZATIONS (SBOS)AND BUILD LOCAL CAPACITY TO ENSURE THAT EVERYONE, PARTICULARLY CHILDREN AND YOUNG GIRLS, ENJOYS THEIR RIGHT TO A QUALITY BASIC EDUCATION THAT ENHANCES THE KNOWLEDGE AND PROVIDES THE SKILLS THEY NEED, TO BUILD A HAPPY AND PRODUCTIVE LIFE. THIS INVOLVES WORKING WITH SBOS TO DESIGN, DEVELOP, FUNDRAISE FOR, IMPLEMENT, AND DOCUMENT THE EFFECTIVENESS OF EDUCATIONAL PROGRAMS DESIGNED TO SCALE NATIONWIDE.2. CONTENT DEVELOPMENT: OLE IS DEVELOPING A HIGH QUALITY MULTI-MEDIA BASIC E-LEARNING LIBRARY ("BELL") FOR USE IN SCHOOLS, COMMUNITY LEARNING CENTRES, AND HEALTH CLINICS IN THE DEVELOPING WORLD. ITS MULTILINGUAL BELL PROVIDES LEARNERS AROUND THE GLOBE WITH LARGE QUANTITIES OF CONTENT RELEVANT TO THIER NEEDS AND INTERESTS.3. FEEDBACK DEVELOPMENT: OLE HAS DEVELOPED A ROBUST NETWORK FOR BOTH UPDATING BELL ON A REGULAR BASIS AND DISTRIBUTING MEMBER ACTIVITY DATA AMONG LOCATIONS AND A HOME OFFICE, PROVIDING NEAR REAL TIME FEEDBACK. THIS FEEDBACK IS USED BY SBOS TO CONTINUALLY IMPROVE THEIR PROGRAM OFFERINGS, FACILITATING SIGNIFICANT IMPROVEMENTS IN LEARNING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $950,527

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $950,527

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $956,308

Other Expenses $956,308

TOTAL EXPENSES $956,308

Year-over-Year Comparison

	2018	2017	Change
Revenue	$950,527	$446,315	+1.1%
Expenses	$956,308	$445,476	+1.1%
Net Income	$-5,781	$839	-7.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ROWE	PRESIDENT & CEO	40.00	Officer Director	$0	$0	$0
PAUL SMYKE	TREASURER	0.20	Officer Director	$0	$0	$0
MAGGIE MITCHELL SALEM	BOARD MEMBER	0.20	Director	$0	$0	$0
ELIANE METNI	BOARD MEMBER	0.20	Director	$0	$0	$0
SETH WEINBERGER	BOARD MEMBER	0.20	Director	$0	$0	$0
KITT SAWITSKY	BOARD MEMBER	0.20	Director	$0	$0	$0
MARSHALL SMITH	BOARD MEMBER	0.20	Director	$0	$0	$0
FRANCINE CRYSTAL	BOARD MEMBER	0.20	Director	$0	$0	$0
LARRY DIERINGER	BOARD MEMBER	0.20	Director	$0	$0	$0
SCOTT HEIFERMAN	BOARD MEMBER	0.20	Director	$0	$0	$0

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
2018	$950,527	$956,308	$73,524	$-5,781