THE RACE FOR EDUCATION INC

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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

2002

Legal Domicile

Principal Officer

ELISABETH JENSEN

Phone

8592528648

Tax Period

2025-01-01 to 2025-12-31

THE RACE FOR EDUCATION INC, founded in 2002, is a small nonprofit in the Education sector that reported $158K in total revenue in fiscal year 2025. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $227K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE OPPORTUNITIES FOR EDUCATIONAL SUCCESS FOR YOUNG PEOPLE WITH SIGNIFICANT NEEDS

Program Service Accomplishments

Program 1

Expenses: $135,415 Revenue: $0

SCHOLARSHIPS AND GRANTS-PROVIDING SUPPORT TO YOUNG PEOPLE WITH SIGNIFICANT FINANCIAL NEEDS AND ACADEMIC CHALLENGES. SCHOLARSHIPS ENSURE YOUNG MEMBERS OF THE COMMUNITY BECOME SUCCESSFUL IN LIFE AND...

SCHOLARSHIPS AND GRANTS-PROVIDING SUPPORT TO YOUNG PEOPLE WITH SIGNIFICANT FINANCIAL NEEDS AND ACADEMIC CHALLENGES. SCHOLARSHIPS ENSURE YOUNG MEMBERS OF THE COMMUNITY BECOME SUCCESSFUL IN LIFE AND ASSETS TO THEIR COMMUNITY.

Program 2

Expenses: $46,750 Revenue: $0

PROVIDING GRANTS AND SPONSORSHIPS TO ORGANIZATIONS THAT ASSIST IN INCREASING LITERACY WORLDWIDE

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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 (2025)

Revenue Breakdown

Contributions & Grants $157,916

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $157,916

Expense Breakdown

Grants Paid $182,165

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $182,165

Other Expenses $44,968

TOTAL EXPENSES $227,133

Year-over-Year Comparison

	2025	2024	Change
Revenue	$157,916	$724,025	-0.8%
Expenses	$227,133	$153,774	+0.5%
Net Income	$-69,217	$570,251	-1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELISABETH JENSEN	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN O'KEEFE	CHAIR	1.00	Officer Director	$0	$0	$0
SHANNON M COBB	SECRETARY	1.00	Officer Director	$0	$0	$0
GABRIELLE BREDIN	DIRECTOR	1.00	Director	$0	$0	$0
BILL CASNER	DIRECTOR	1.00	Director	$0	$0	$0
FRED SARVER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID INGORDO	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA HAMELBACK	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HOSKINS	DIRECTOR	1.00	Director	$0	$0	$0
AMY LAWYER	DIRECTOR	1.00	Director	$0	$0	$0
DIXIE KENDALL	DIRECTOR	1.00	Director	$0	$0	$0
REESE KOFFLER-STANFIELD	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MAYS	DIRECTOR	1.00	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	$157,916	$227,133	$644,126	$-69,217
2024	$724,025	$153,774	$713,342	$570,251
2023	$82,340	$156,036	$141,571	$-73,696
2022	$175,567	$163,814	$215,267	$11,753
2021	$113,827	$116,171	$225,503	$-2,344
2020	$77,414	$224,637	$233,746	$-147,223
2019	$177,117	$238,238	$403,180	$-61,121
2018	$264,316	$401,343	$491,175	$-137,027