AMERICAN HONDA EDUCATION CORPORATION

EIN: 330447685 501(c)(3) Education

TORRANCE, CA

Total Revenue
$11,411,188
Total Expenses
$8,116,815
Total Assets
$21,928,635
Net Assets
$21,341,304
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
CA
Principal Officer
TANYA ALLOWAY
Phone
9705860600
Tax Period
2024-04-01 to 2025-03-31

AMERICAN HONDA EDUCATION CORPORATION, founded in 1991, is a mid-sized nonprofit in the Education sector that reported $11.4M in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.3M, a strong 29% operating margin.

Mission

AMERICAN HONDA EDUCATION CORPORATION HAS ESTABLISHED THE EAGLE ROCK SCHOOL ("ERS") IN ESTES PARK, COLORADO, TO DEVELOP EDUCATIONAL INITIATIVES AND PROGRAMS FOR YOUTH WHO HAVE NOT BEEN SUCCESSFUL IN CONVENTIONAL OR ALTERNATIVE SCHOOL PROGRAMS WITHIN THEIR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $5,856,797

ERS SERVES AS A DEMONSTRATION SCHOOL FOR CURRICULUM DEVELOPMENT, TEACHER EDUCATION, AND RESEARCH IN CONJUNCTION WITH MAJOR COLLEGES, UNIVERSITIES, AND PUBLIC SCHOOLS ACROSS THE UNITED STATES. ERS IS...

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ERS SERVES AS A DEMONSTRATION SCHOOL FOR CURRICULUM DEVELOPMENT, TEACHER EDUCATION, AND RESEARCH IN CONJUNCTION WITH MAJOR COLLEGES, UNIVERSITIES, AND PUBLIC SCHOOLS ACROSS THE UNITED STATES. ERS IS A RESIDENTIAL SCHOOL THAT OPERATES ON A YEAR ROUND SCHEDULE, SEVEN DAYS A WEEK. THE ACADEMIC PROGRAM IS CONDUCTED OVER THREE THIRTEEN-WEEK TRIMESTERS. THE SCHOOL ENROLLS STUDENTS ON FULL SCHOLARSHIPS (COVERING TUITION, ROOM, AND BOARD). GRANTS FOR HIGHER EDUCATION ARE PROVIDED TO STUDENTS WHO GRADUATE THE PROGRAM.

Program 2
Expenses: $912,580

THE PROFESSIONAL DEVELOPMENT CENTER ("PDC") AT ERS HOSTS VISITING LECTURERS FROM AROUND THE COUNTRY AND OFFERS A VARIETY OF LEARNING OPPORTUNITIES TO PRE-STUDENT TEACHERS, STUDENT TEACHERS, GRADUATE...

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THE PROFESSIONAL DEVELOPMENT CENTER ("PDC") AT ERS HOSTS VISITING LECTURERS FROM AROUND THE COUNTRY AND OFFERS A VARIETY OF LEARNING OPPORTUNITIES TO PRE-STUDENT TEACHERS, STUDENT TEACHERS, GRADUATE STUDENTS AND RESEARCHERS. THE PDC SUPPORTED PUBLIC ALLIES TEACHING FELLOWS, A TEACHER LICENSURE PROGRAM, AND HOSTED VISITOR DAYS ON CAMPUS DURING THE YEAR. THE PDC ALSO SUPPORTED SCHOOL IMPROVEMENT PROJECTS FOR PUBLIC SCHOOLS AROUND THE COUNTRY THROUGH NETWORK LEVERAGED, SCHOOL IMPROVEMENT PROJECTS DESIGNED TO ENGAGE DISENGAGED, UNDERSERVED YOUTH.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,232,033
Program Service Revenue $0
Investment Income $149,891
Other Revenue $29,264
TOTAL REVENUE $11,411,188

Expense Breakdown

Grants Paid $55,962
Salaries & Benefits $5,021,181
Fundraising Expenses $0
Program Expenses $6,769,377
Other Expenses $3,039,672
TOTAL EXPENSES $8,116,815

Year-over-Year Comparison

2024 2023 Change
Revenue $11,411,188 $7,190,091 +0.6%
Expenses $8,116,815 $7,325,494 +0.1%
Net Income $3,294,373 $-135,403 -25.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
34
Volunteers
6

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
3
$260,371
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICH RICHARDSON PRESIDENT & CEO 1.00
Officer Director
$0 $0 $0
LYLE SHROYER TREASURER & CFO 1.00
Officer Director
$0 $0 $0
JAMES OLIVIA BOARD MEMBER 1.00
Director
$0 $0 $0
ANNIE BOH BOARD MEMBER 1.00
Director
$0 $0 $0
SHINICHI ONO BOARD MEMBER 1.00
Director
$0 $0 $0
JESSICA FINI BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN REBEIRO HEAD OF SCHOOL 60.00
Officer
$243,142 $17,229 $260,371
JANET L JOHNSON DIRECTOR OF CURRICULUM 40.00
Highest
$165,036 $18,313 $183,349
JESUS TOVAR DIRECTOR OF HEALTH & WELLN 40.00
Highest
$124,757 $20,242 $144,999
ELIZABETH A ELLIS DIRECTOR OF STUDENTS 40.00
Highest
$156,328 $21,253 $177,581
ALEJANDRO MEDINA DIRECTOR OF OPERATIONS 40.00
Highest
$166,869 $11,759 $178,628
TYSON ROSE DIRECTOR OF STRATEGIC INIT 40.00
Highest
$138,679 $9,396 $148,075
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 $11,411,188 $8,116,815 $21,928,635 $3,294,373
2024 $7,190,091 $7,325,494 $18,614,701 $-135,403
2023 $6,449,166 $7,186,142 $18,363,287 $-736,976
2022 $6,562,342 $6,111,088 $19,152,558 $451,254
2021 $6,720,201 $6,416,834 $19,210,263 $303,367
2020 $7,411,336 $6,658,335 $18,118,302 $753,001
2019 $7,973,425 $6,963,755 $17,330,670 $1,009,670
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