Great Lakes Center for Education R… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

Madaline Fennell

Phone

5172032941

Tax Period

2024-09-01 to 2025-08-31

Great Lakes Center for Education Research and Practice, founded in 2000, is a small nonprofit in the Education sector that reported $390K in total revenue in fiscal year 2024. Expenses of $430K exceeded revenue, resulting in a 10% operating deficit.

Mission

To support and disseminate high quality research and reviews of research for the purpose of informing education policy and to develop research-based resources for use by those who advocate for education reform.

Program Service Accomplishments

Program 1

Expenses: $401,844

2024-25 Accomplishments include: Think Twice: Our flagship Think Twice initiative, in partnership with the National Education Policy Center (NEPC), actively debunks misleading "research" from...

2024-25 Accomplishments include: Think Twice: Our flagship Think Twice initiative, in partnership with the National Education Policy Center (NEPC), actively debunks misleading "research" from ideological think tanks. Each week, we deliver the Think Twice Weekly Update to a nationwide network of NEA state affiliates, leaders, and policymakers. In 2024-2025, GLC commissioned and released 19 rigorous reviews by leading scholarseach a timely intervention in ongoing education debates. From school funding equity to artificial intelligence in classrooms, our reviews empowered education advocates with facts, not spin. Policy Briefs GLC-funded policy briefs spark conversations that matter. We produce clear, concise, and research- backed briefs that respond directly to emerging policy issues. We have interactive author Zoom sessions for our subscribers, creating space for real-time discussion and deep dives into key topics

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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 $240,000

Program Service Revenue $140,000

Investment Income $10,289

Other Revenue $0

TOTAL REVENUE $390,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,010

Fundraising Expenses $0

Program Expenses $401,844

Other Expenses $341,718

TOTAL EXPENSES $429,728

Year-over-Year Comparison

	2024	2023	Change
Revenue	$390,289	$391,230	0.0%
Expenses	$429,728	$382,991	+0.1%
Net Income	$-39,439	$8,239	-5.8%

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

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

$76,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maddie Fennell	Executive Dir.	40.00	Officer	$76,000	$0	$76,000
Peggy Wirtz-Olsen	President	0.50	Officer Director	$0	$0	$0
Scott DiMauro	Vice President	0.00	Officer Director	$0	$0	$0
Dan Holub	Treasurer	0.50	Officer Director	$0	$0	$0
Bob Baxter	Trustee	0.00	Director	$0	$0	$0
Jason Burns	Trustee	0.00	Director	$0	$0	$0
Patricia Collins Murdock	Trustee	0.00	Director	$0	$0	$0
Keith Gambill	Trustee	0.00	Director	$0	$0	$0
Carrie Lucking	Trustee	0.00	Director	$0	$0	$0
Chandra Madafferi	Trustee	0.00	Director	$0	$0	$0
Duff Martin	Trustee	0.00	Director	$0	$0	$0
Stacey Pelika	Trustee	0.00	Director	$0	$0	$0
Mike Shoudy	Trustee	0.00	Director	$0	$0	$0
Sean Spiller	Trustee	0.00	Director	$0	$0	$0
Al Llorens	Trustee	0.00	Director	$0	$0	$0
Brett Smith	Trustee	0.00	Director	$0	$0	$0
Erik Edoff	Trustee	0.00	Director	$0	$0	$0
Dan Burkhalter	Trustee	0.00	Director	$0	$0	$0
Nate Williams	Trustee	0.00	Director	$0	$0	$0
Denise Specht	Trustee	0.00	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	$390,289	$429,728	$289,644	$-39,439
2024	$391,230	$382,991	$321,470	$8,239
2023	$384,068	$402,381	$312,008	$-18,313
2022	$446,073	$369,233	$329,139	$76,840
2021	$342,059	$422,021	$258,018	$-79,962
2020	$360,077	$355,341	$364,668	$4,736
2019	$341,068	$323,507	$325,786	$17,561

Great Lakes Center for Education Research and Practice