NOBLE EDUCATION INITIATIVE 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

2012

Legal Domicile

Principal Officer

J ERIC WILSON

Phone

4794787800

Tax Period

2020-01-01 to 2020-12-31

NOBLE EDUCATION INITIATIVE INC, founded in 2012, is a micro nonprofit in the Youth Development sector that reported $534 in total revenue in fiscal year 2020. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 899% operating deficit.

Mission

OUR MISSION IS TO PROVIDE EVERY STUDENT WITH A RELEVANT AND PURPOSE-DRIVEN EDUCATION FOR THE FUTURE OF WORK AND LIFE. WE WORK WITH SCHOOL SYSTEMS TO ENABLE EDUCATORS TO IMPLEMENT A PROJECT-BASED AND PORTFOLIO-DRIVEN LEARNING ENVIRONMENT, WHICH CHALLENGES STUDENTS TO SUCCEED. WE AIM TO CREATE A COLLABORATIVE GROUP OF EDUCATION PROFESSIONALS WHO ARE FOCUSED ON TACKLING EDUCATIONAL CHALLENGES IN NEW AND CREATIVE WAYS TO SET UP STUDENTS FOR A LIFETIME OF SUCCESS.

Program Service Accomplishments

Program 1

Expenses: $4,829 Revenue: $0

NOBLE IMPACT PROVIDING: (1) PROFESSIONAL DEVELOPMENT FOR TEACHERS, STAFF, AND ADMINISTRATORS ON HOW TO IMPROVE THEIR SCHOOL/ORGANIZATION CULTURE TO FOSTER INNOVATION, (2) EVENT PRODUCTION AND...

NOBLE IMPACT PROVIDING: (1) PROFESSIONAL DEVELOPMENT FOR TEACHERS, STAFF, AND ADMINISTRATORS ON HOW TO IMPROVE THEIR SCHOOL/ORGANIZATION CULTURE TO FOSTER INNOVATION, (2) EVENT PRODUCTION AND FACILITATION OF EDUCATIONAL WORKSHOPS AND COMPETITIONS FOR STUDENTS TO DEVELOP ENTREPRENEUR AND CIVIC SKILLS, (3) CURRICULUM DEVELOPMENT AND CONSULTATION ON IMPLEMENTATION FOR SCHOOLS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $534

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $889

Fundraising Expenses $0

Program Expenses $4,829

Other Expenses $4,444

TOTAL EXPENSES $5,333

Year-over-Year Comparison

	2020	2019	Change
Revenue	$534	$379,560	-1.0%
Expenses	$5,333	$376,436	-1.0%
Net Income	$-4,799	$3,124	-2.5%

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

$3,940

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE CLARK	PRESIDENT	1.00	Officer Director	$0	$0	$0
ALYSON MALONE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
SHERRILL CLEMENT	TREASURER	1.00	Officer Director	$0	$0	$0
TERRY SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
BOYD LOGAN	DIRECTOR	1.00	Director	$0	$0	$0
J ERIC WILSON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$3,940	$0	$3,940
CHRIS FORESTER	CHIEF OPERATING OFFICER	40.00	Officer	$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
2020	$534	$5,333	$164	$-4,799
2019	$379,560	$376,436	$7,785	$3,124
2018	$400,287	$396,043	$5,803	$4,244