INSTITUTE OF POSITIVE EDUCATION

EIN: 362781248 501(c)(3) Education

CHICAGO, IL

Total Revenue
$794,653
Total Expenses
$791,234
Total Assets
$976,735
Net Assets
$660,953
🔒

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
1971
Legal Domicile
IL
Principal Officer
TERESA PRIM
Phone
7736519599
Tax Period
2024-01-01 to 2024-12-31

INSTITUTE OF POSITIVE EDUCATION, founded in 1971, is a small nonprofit in the Education sector that reported $795K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

PROVIDE CHILD CARE FOR PRESCHOOLERS AND ELEMENTARY SCHOOL-AGED CHILDREN.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $488,486
Program Service Revenue $34,018
Investment Income $331
Other Revenue $271,818
TOTAL REVENUE $794,653

Expense Breakdown

Grants Paid $0
Salaries & Benefits $295,680
Fundraising Expenses $0
Program Expenses $560,569
Other Expenses $495,554
TOTAL EXPENSES $791,234

Year-over-Year Comparison

2024 2023 Change
Revenue $794,653 $876,030 -0.1%
Expenses $791,234 $892,779 -0.1%
Net Income $3,419 $-16,749 -1.2%
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
4
Independent Members
4
Employees
5
Volunteers
4

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZAKIYA WILLIAMS President 0.25
Officer Director
$0 $0 $0
TERESA PRIM Treasurer 0.25
Officer Director
$0 $0 $0
SOYINI WALTON Director 0.25
Director
$0 $0 $0
CAROL LEE Director 0.25
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 $794,653 $791,234 $976,735 $3,419
2023 $876,030 $892,779 $993,155 $-16,749
2022 $804,238 $732,765 $990,440 $71,473
2021 $823,091 $693,118 $938,564 $129,973
2020 $854,479 $736,723 $868,229 $117,756
2019 $594,182 $598,798 $729,967 $-4,616
2018 $557,076 $584,456 $756,431 $-27,380
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INSTITUTE OF POSITIVE EDUCATION with other nonprofits in Illinois and across the country.