Notes for Education Inc (EIN 272087987) - 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

2010

Legal Domicile

Principal Officer

Deborah Leal

Phone

7079530063

Tax Period

2024-01-01 to 2024-12-31

Notes for Education Inc, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $697K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $388K, a strong 56% operating margin.

Mission

The purpose of this organization is to promote and support the advancement of music and art education and literacy through public, private and parochial schools and other educational institutions for school-age children in the County of Napa, CA and the City of Nashville, TN and beyond.

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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 $542,903

Program Service Revenue $0

Investment Income $83,872

Other Revenue $70,022

TOTAL REVENUE $696,797

Expense Breakdown

Grants Paid $230,803

Salaries & Benefits $35,119

Fundraising Expenses $46,201

Program Expenses $242,527

Other Expenses $42,444

TOTAL EXPENSES $308,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$696,797	$572,062	+0.2%
Expenses	$308,366	$213,696	+0.4%
Net Income	$388,431	$358,366	+0.1%

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

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

$35,119

Total Directors

$35,119

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deborah Leal	President	5.00	Officer Director	$35,119	$0	$35,119
Julie Meirick	Secretary	0.50	Officer Director	$0	$0	$0
Fran Leach	Treasurer	0.50	Officer 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
2024	$696,797	$308,366	$2,012,577	$388,431
2023	$572,062	$213,696	$1,638,269	$358,366
2022	$429,536	$231,820	$1,297,698	$197,716
2021	$242,985	$128,435	$1,094,797	$114,550
2020	$54,900	$137,224	$938,958	$-82,324
2019	$392,134	$179,762	$1,050,195	$212,372
2018	$398,529	$213,850	$777,140	$184,679

Notes for Education Inc