THE RACE FOR EDUCATION INC

EIN: 421546327 501(c)(3) Education

LEXINGTON, KY

Total Revenue
$157,916
Total Expenses
$227,133
Total Assets
$644,126
Net Assets
$632,592
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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
KY
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

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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%)

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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

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Governance

Voting Members
12
Independent Members
12
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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
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
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