MILWAUKEE EDUCATION PARTNERSHIP

EIN: 463498792 501(c)(3)

MILWAUKEE, WI

Total Revenue
$200,000
Total Expenses
$291,018
Total Assets
N/A
Net Assets
$-54,036
🔒

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
1999
Legal Domicile
WI
Principal Officer
GERARD RANDALL
Phone
4149889034
Tax Period
2018-07-01 to 2019-06-30

MILWAUKEE EDUCATION PARTNERSHIP, founded in 1999, is a small nonprofit that reported $200K in total revenue in fiscal year 2018. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $291K exceeded revenue, resulting in a 46% operating deficit.

Mission

THE MILWAUKEE EDUCATION PARTNERSHIP (MEP) WAS FORMED BY EDUCATORS AND CIVIC LEADERS WITH THE OVERARCHING GOAL TO IMPROVE THE EDUCATION OF CHILDREN THROUGH BETTER TEACHER PREPARATION, RECRUITMENT AND RETENTION. AS THE MEP GREW, THE MISSION EXPANDED TO ENSURE EVERY CHILD IN MILWAUKEE PUBLIC SCHOOLS (MPS) IS PERFORMING AT OR ABOVE GRADE LEVEL IN READING, WRITING, MATHEMATICS AND SCIENCE THROUGH SHARED RESPONSIBILITY FOR STUDENT SUCCESS. THE MEP WILL SEEK TO HELP MPS NAVIGATE THE CHALLENGES FACING LARGE URBAN SCHOOL DISTRICTS, INCLUDING: 1) RAISING GRADUATION RATES; 2) ADVOCATING FOR PUBLIC EDUCATION; 3) IMPROVING STUDENT LEARNING AND ACCESS TO HIGHER EDUCATION OPPORTUNITIES; 4) PROFESSIONAL DEVELOPMENT OF TEACHERS AND ADMINISTRATORS; AND 5) IDENTIFYING RESOURCES TO SUPPORT ITS MISSION. TO ACCOMPLISH ITS GOALS, THE MEP SEEKS GRANTS AND FUNDING TO INCREASE RESOURCES FOR BETTER TEACHING AND LEARNING.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $200,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $200,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $130,813
Fundraising Expenses $0
Program Expenses $212,686
Other Expenses $160,205
TOTAL EXPENSES $291,018

Year-over-Year Comparison

2018 2017 Change
Revenue $200,000 $321,502 -0.4%
Expenses $291,018 $258,993 +0.1%
Net Income $-91,018 $62,509 -2.5%
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
10
Independent Members
10
Employees
N/A
Volunteers
10

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
$134,406
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHANTI HAMILTON CHAIR / VICE CHAIR 1.00
Officer Director
$0 $0 $0
WILLIE WADE SECRETARY / TREASURER 1.00
Officer Director
$0 $0 $0
CAROLYN STANFORD TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
ERIC GALLIEN DIRECTOR 1.00
Director
$0 $0 $0
VICKI MARTIN DIRECTOR 1.00
Director
$0 $0 $0
MARK MONE DIRECTOR 1.00
Director
$0 $0 $0
KEITH POSLEY DIRECTOR 1.00
Director
$0 $0 $0
JOHN RAYMOND SR DIRECTOR 1.00
Director
$0 $0 $0
KATHLEEN RINEHART DIRECTOR 1.00
Director
$0 $0 $0
MARK SAIN DIRECTOR 1.00
Director
$0 $0 $0
GERARD RANDALL EXECUTIVE DIRECTOR 40.00
Officer
$134,406 $0 $134,406
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
2019 $200,000 $291,018 No data $-91,018
2018 $321,502 $258,993 $90,323 $62,509
Explore More Nonprofits
Top 100 Nonprofits in Wisconsin Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MILWAUKEE EDUCATION PARTNERSHIP with other nonprofits in Wisconsin and across the country.