PARTNERS IN EDUCATION OF TOLEDO

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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

1994

Legal Domicile

Principal Officer

BROOKE SCHLAGETER

Phone

4192422122

Tax Period

2024-08-01 to 2025-07-31

PARTNERS IN EDUCATION OF TOLEDO, founded in 1994, is a small nonprofit in the Education sector that reported $679K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 19% operating margin.

Mission

PARTNERS IN EDUCATION'S MISSION IS TO PROVIDE EVIDENCE-BASED PROGRAMS, IN COLLABORATION WITH SCHOOLS AND COMMUNITY PARTNERS, TO EMPOWER STUDENTS WITH THE SKILLS THEY NEED TO READ, SUCCEED, AND THRIVE. THE ORGANIZATION PROMOTES STUDENT SUCCESS THROUGH COMMUNITY INVOLVEMENT WITH SCHOOLS BY SEEKING RESOURCES, SUCH AS VOLUNTEER TIME, EXPERTISE, OR FINANCIAL SUPPORT, AND BUILDING SCHOOL-COMMUNITY PARTNERSHIPS.

Program Service Accomplishments

Program 1

Expenses: $261,988 Revenue: $48,000

LITERACY MENTORING AND TUTORING PROGRAMMING - PROVIDING LITERACY TUTORING THROUGH ONE-TO-ONE MENTORING DURING THE SCHOOL DAY FOR K-4 STUDENTS TO IMPROVE LITERACY RATES AND ENSURE THAT STUDENTS ARE...

LITERACY MENTORING AND TUTORING PROGRAMMING - PROVIDING LITERACY TUTORING THROUGH ONE-TO-ONE MENTORING DURING THE SCHOOL DAY FOR K-4 STUDENTS TO IMPROVE LITERACY RATES AND ENSURE THAT STUDENTS ARE MEETING THE 3RD GRADE READING GUARANTEE IN TOLEDO AREA SCHOOLS.

Program 2

Expenses: $181,345 Revenue: $71,492

COLLEGE, CAREER, AND ADULT PROGRAMMING - PROVIDING OPPORTUNITY FOR STUDENTS IN NW OHIO WITH CAREER EXPLOATION AND SKILL-BUILDING PROGRAMMING TO PREPARE THEM TO SUCCEED IN HIGH SCHOOL AND POST-HIGH...

COLLEGE, CAREER, AND ADULT PROGRAMMING - PROVIDING OPPORTUNITY FOR STUDENTS IN NW OHIO WITH CAREER EXPLOATION AND SKILL-BUILDING PROGRAMMING TO PREPARE THEM TO SUCCEED IN HIGH SCHOOL AND POST-HIGH SCHOOL EDUCATION AND CAREER. PROVIDING RESOURCES AND PARTNERSHIP OPPORTUNITIES TO SCHOOLS TO IMPROVE STUDENT SUCCESS VIA PARENT ENGAGEMENT, COMMUNITY INVOLVEMENT, AND ADVANCING THE WORK OF NONPROFIT ORGANIZATIONS.

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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 $554,421

Program Service Revenue $119,492

Investment Income $882

Other Revenue $4,277

TOTAL REVENUE $679,072

Expense Breakdown

Grants Paid $0

Salaries & Benefits $423,209

Fundraising Expenses $26,468

Program Expenses $443,333

Other Expenses $123,912

TOTAL EXPENSES $547,121

Year-over-Year Comparison

	2024	2023	Change
Revenue	$679,072	$493,212	+0.4%
Expenses	$547,121	$448,525	+0.2%
Net Income	$131,951	$44,687	+2.0%

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

Volunteers

167

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

$89,641

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BROOK SCHLAGETER	Executive Dir.	40.00	Officer	$89,641	$0	$89,641
ANDY FISHER	Treasurer	1.00	Officer Director	$0	$0	$0
MATT HINKLE	Trustee	1.00	Director	$0	$0	$0
LINDA MEYERS	Trustee	1.00	Director	$0	$0	$0
LUKE KING	Vice President	1.00	Officer Director	$0	$0	$0
CHARLES STOCKING	Trustee	1.00	Director	$0	$0	$0
SHAWN NELSON	Trustee	1.00	Director	$0	$0	$0
LINDA RUIZ-BRINGMAN	Trustee	1.00	Director	$0	$0	$0
BOB SIEBENALLER	Trustee	1.00	Director	$0	$0	$0
ASHLEY STREICHERT	Trustee	1.00	Director	$0	$0	$0
SABRINA WEAVER	President	1.00	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
2025	$679,072	$547,121	$372,700	$131,951
2024	$493,212	$448,525	$252,964	$44,687
2023	$472,345	$437,492	$208,291	$34,853
2022	$543,612	$559,592	$105,846	$-15,980
2021	$430,723	$426,915	$123,206	$3,808
2020	$410,713	$478,561	$162,335	$-67,848
2019	$522,620	$494,168	$146,425	$28,452
2018	$444,928	$545,217	$168,162	$-100,289