ARRAY EDUCATION INC

EIN: 261525207 501(c)(3) Education

NEW YORK, NY

Total Revenue
$24,292,894
Total Expenses
$17,279,194
Total Assets
$58,234,516
Net Assets
$57,394,948
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
DE
Principal Officer
NORMAN ATKINS
Phone
6468938528
Tax Period
2023-07-01 to 2024-06-30

ARRAY EDUCATION INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $24.3M in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $7.0M, a strong 29% operating margin.

Mission

ARRAY EDUCATION IS AN INNOVATION STUDIO THAT SUPPORTS, CONNECTS, AND INVESTS IN TEACHING AND LEARNING PROJECTS STARTING WITH EARLY LITERACY AND CONTINUING THROUGH THE STRONG LAUNCH OF A YOUNG PERSON'S CAREER. TO THIS END, ARRAY OPERATES FIVE KEY PROGRAMS - A COLLEGE SCHOLARSHIP PROGRAM TARGETING HIGH-POTENTIAL, UNDERREPRESENTED STUDENTS FROM ESSEX COUNTY, NJ; A PURPOSE-FOCUSED PROGRAM WORKING WITH STUDENTS AND ADULTS TO HELP THEM TO EXPLORE, ARTICULATE, AND PURSUE THEIR PURPOSE; A GLOBAL EDUCATION PROGRAM FOCUSED ON IMPROVING STUDENT LEARNING BY DEVELOPING SCHOOL LEADERS; A PROFESSIONAL DEVELOPMENT DEVELOPMENT AND TRAINING PROGRAM SERVING TEACHERS, SCHOOL LEADERS, AND SCHOOL ORGANIZATIONS WHO SEEK TO IMPROVE INSTRUCTION; A LITERACY PROGRAM PARTNERING WITH SCHOOLS AND NONPROFIT ORGANIZATIONS TO SUPPORT HIGH QUALITY READING INSTRUCTION; AND A CAREER-FOCUSED PROGRAM ACCELERATE STUDENTS INTO PURPOSE-FILLED LIVES THAT LEAD TO ECONOMIC FREEDOM.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,982,070
Program Service Revenue $10,229,492
Investment Income $8,081,332
Other Revenue $0
TOTAL REVENUE $24,292,894

Expense Breakdown

Grants Paid $1,350,651
Salaries & Benefits $11,974,190
Fundraising Expenses $0
Program Expenses $15,949,576
Other Expenses $3,954,353
TOTAL EXPENSES $17,279,194

Year-over-Year Comparison

2023 2022 Change
Revenue $24,292,894 $20,858,099 +0.2%
Expenses $17,279,194 $18,136,813 0.0%
Net Income $7,013,700 $2,721,286 +1.6%
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

Sign In

Governance

Voting Members
7
Independent Members
5
Employees
82
Volunteers
100

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
4
$1,101,831
Total Directors
7
$845,704
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY ROBBINS CHAIR AND DIRECTOR 1.00
Officer Director
$0 $0 $0
BOB KARR DIRECTOR 1.00
Director
$0 $0 $0
RICH BUERY DIRECTOR 1.00
Director
$0 $0 $0
ALICIA JOHNSON DIRECTOR 1.00
Director
$0 $0 $0
SHELLEY SANDERS KEHL DIRECTOR 1.00
Director
$0 $0 $0
DAVID LEVIN DIRECTOR, SECRETARY, AND PARTNER 40.00
Officer Director
$363,900 $35,700 $399,600
NORMAN ATKINS DIRECTOR AND MANAGING PARTNER 40.00
Officer Director
$398,009 $48,095 $446,104
YVONNE CHAO PARTNER AND OFFICER 40.00
Officer
$213,079 $43,048 $256,127
NIKKI BRIDGES EXECUTIVE DIRECTOR, LIT 40.00
Highest
$252,985 $19,420 $272,405
DOUG LEMOV FOUNDER AND CHIEF KNOWLEDGE OFFICER, TLAC 40.00
Highest
$216,255 $41,487 $257,742
TWINKLE MORGAN EXECUTIVE DIRECTOR, CCS 40.00
Highest
$209,406 $10,851 $220,257
DARRYL WILLIAMS CEO, TLAC 40.00
Highest
$240,054 $35,929 $275,983
ERICA WOOLWAY PRESIDENT AND CHIEF ACADEMIC OFFICER, TLAC 40.00
Highest
$196,250 $8,395 $204,645
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 No data No data No data No data
2024 $24,292,894 $17,279,194 $58,234,516 $7,013,700
2023 $20,858,099 $18,136,813 $57,295,344 $2,721,286
2022 $13,221,952 $10,034,727 $55,276,450 $3,187,225
2021 $31,828,853 $11,608,970 $57,079,543 $20,219,883
2020 $14,867,382 $26,731,838 $32,910,240 $-11,864,456
2019 $9,674,101 $9,737,420 $52,391,489 $-63,319
2018 $5,783,523 $6,067,456 $52,899,215 $-283,933
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ARRAY EDUCATION INC with other nonprofits in New York and across the country.