The Advancement Network Inc

EIN: 452449374 501(c)(3) Education

New Orleans, LA

Total Revenue
$95,091
Total Expenses
$49,274
Total Assets
$331,117
Net Assets
$325,622
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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
2012
Legal Domicile
MI
Tax Period
2020-01-01 to 2020-12-31

The Advancement Network Inc, founded in 2012, is a micro nonprofit in the Education sector that reported $95K in total revenue in fiscal year 2020. Revenue fell 62% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $46K, a strong 48% operating margin.

Mission

We support community foundation professionals through driving innovation promoting best practices and sharing experiences. We do this to advance our communities by inspiring philanthropy. The Advancement Network provides annual conferences regular webinars and research opportunities in order to strengthen community foundation professionals.

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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 (2020)

Revenue Breakdown

Contributions & Grants $26,050
Program Service Revenue $51,340
Investment Income $13,479
Other Revenue $4,222
TOTAL REVENUE $95,091

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,553
Other Expenses $49,274
TOTAL EXPENSES $49,274

Year-over-Year Comparison

2020 2019 Change
Revenue $95,091 $247,933 -0.6%
Expenses $49,274 $199,359 -0.8%
Net Income $45,817 $48,574 -0.1%
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
15
Independent Members
N/A
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Phillip Lanham President 1.00
Officer Director
$0 $0 $0
Susannah Weis Frigon Secretary 1.00
Officer Director
$0 $0 $0
Gary Garcia Treasurer 1.00
Officer Director
$0 $0 $0
Joanne Cohen Board Member 0.50
Director
$0 $0 $0
Pamela Doherty Board Member 0.50
Director
$0 $0 $0
Stacey Goodman Board Member 0.50
Director
$0 $0 $0
Eric Hozempa Board Member 0.50
Director
$0 $0 $0
Monica Merante Board Member 0.50
Director
$0 $0 $0
Maylian Pak Board Member 0.50
Director
$0 $0 $0
Jodi Spataro Board Member 0.50
Director
$0 $0 $0
Tim Breshnahan Board Member 0.50
Director
$0 $0 $0
Janell Kaplan Vice President 1.00
Officer Director
$0 $0 $0
Michelle Beisker Board Member 1.00
Director
$0 $0 $0
Kay Stine Board Member 1.00
Director
$0 $0 $0
Loren Van Allen Board Member 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 No data No data No data No data
2024 No data No data No data No data
2020 $95,091 $49,274 $331,117 $45,817
2019 $247,933 $199,359 $388,880 $48,574
2018 $212,329 $185,122 $269,624 $27,207
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