LIVONIA EDUCATION ASSOCIATION (EIN 386069083) - 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

1965

Legal Domicile

Principal Officer

KELLY EDDY

Phone

7347370995

Tax Period

2024-09-01 to 2025-08-31

LIVONIA EDUCATION ASSOCIATION, founded in 1965, is a small nonprofit that reported $113K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $109K left a modest 4% surplus.

Mission

TO IMPROVE, EXTEND AND ADVANCE THE EDUCATIONAL INTEREST OF CHILDREN AND PROMOTE THE PROFESSIONAL GROWTH OF EDUCATORS IN THE COMMUNITY.

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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 $83,229

Program Service Revenue $0

Investment Income $30,184

Other Revenue $0

TOTAL REVENUE $113,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,159

Fundraising Expenses $0

Other Expenses $70,501

TOTAL EXPENSES $108,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,413	$98,219	+0.2%
Expenses	$108,660	$78,908	+0.4%
Net Income	$4,753	$19,311	-0.8%

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

N/A

Volunteers

N/A

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

$35,166

Total Directors

$2,993

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY EDDY	PRESIDENT	20.00	Officer	$6,000	$24,954	$30,954
MEGAN BRUESTLE	VICE PRESIDE	10.00	Officer	$4,000	$212	$4,212
BOARD OF DIRECTORS PDF ATTD	BOARD OF DIR	2.00	Director	$0	$2,993	$2,993

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	$113,413	$108,660	$356,503	$4,753
2024	$98,219	$78,908	$351,749	$19,311
2023	$69,968	$75,713	$332,438	$-5,745
2022	$78,453	$92,078	$338,183	$-13,625
2021	$112,275	$70,824	$351,808	$41,451
2020	$59,509	$56,176	$310,357	$3,333

LIVONIA EDUCATION ASSOCIATION