INVEST IN EDUCATION FOUNDATION INC

EIN: 453027711 501(c)(3) Education

ALBANY, NY

Total Revenue
$1,738,390
Total Expenses
$1,013,143
Total Assets
$1,711,653
Net Assets
$1,636,176
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NY
Principal Officer
ANTHONY DE NICOLA
Phone
5183683627
Tax Period
2024-01-01 to 2024-12-31

INVEST IN EDUCATION FOUNDATION INC, founded in 2012, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $725K, a strong 42% operating margin.

Mission

THE INVEST IN EDUCATION FOUNDATION, INC. IS A RESEARCH AND POLICY ORGANIZATION FORMED TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,730,000
Program Service Revenue $0
Investment Income $8,390
Other Revenue $0
TOTAL REVENUE $1,738,390

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,847
Fundraising Expenses $127,819
Program Expenses $798,296
Other Expenses $755,296
TOTAL EXPENSES $1,013,143

Year-over-Year Comparison

2024 2023 Change
Revenue $1,738,390 $1,434,971 +0.2%
Expenses $1,013,143 $797,343 +0.3%
Net Income $725,247 $637,628 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
1
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
6
$307,528
Total Directors
5
$229,194
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANTHONY DE NICOLA CHAIR 3.00
Officer Director
$0 $0 $0
ROBERT FLANIGAN TREASURER 1.00
Officer Director
$0 $0 $0
DARLA ROMFO DIRECTOR 1.00
Officer Director
$0 $0 $0
SUSAN GEORGE DIRECTOR 1.00
Officer Director
$0 $0 $0
ANGELA FLOOD FORMER PRESIDENT 40.00
Officer Director
$229,194 $0 $229,194
MICHAEL J STRIANESE CFO & COO 40.00
Officer
$39,167 $0 $78,334
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
2024 $1,738,390 $1,013,143 $1,711,653 $725,247
2023 $1,434,971 $797,343 $956,302 $637,628
2022 $746,355 $545,068 $290,997 $201,287
2021 $219,500 $201,656 $85,152 $17,844
2019 $364,500 $562,585 $123,105 $-198,085
2018 $1,425,000 $1,181,348 $330,768 $243,652
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare INVEST IN EDUCATION FOUNDATION INC with other nonprofits in New York and across the country.