EDUCATION DESIGN LAB (EIN 464248042) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

LISA LARSON

Phone

2024177673

Tax Period

2024-01-01 to 2024-12-31

EDUCATION DESIGN LAB, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $17.6M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.2M, a strong 18% operating margin.

Mission

TO DESIGN AND TEST NEW MODELS TO HELP HIGHER EDUCATION ADAPT AS QUICKLY AS THE ECONOMY CHANGES, BY PARTNERING WITH HIGHER EDUCATION INSTITUTIONS, INNOVATORS AND EMPLOYERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,916,911

Program Service Revenue $933,248

Investment Income $728,757

Other Revenue $1,595

TOTAL REVENUE $17,580,511

Expense Breakdown

Grants Paid $1,405,100

Salaries & Benefits $9,053,753

Fundraising Expenses $142,740

Program Expenses $13,379,692

Other Expenses $3,916,448

TOTAL EXPENSES $14,375,301

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,580,511	$15,842,213	+0.1%
Expenses	$14,375,301	$11,333,320	+0.3%
Net Income	$3,205,210	$4,508,893	-0.3%

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

Volunteers

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

$739,380

Total Directors

$444,743

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM HUGHES	PRESIDENT AND CEO	40.00	Officer Director	$385,477	$35,890	$421,367
KATHLEEN DELASKI	BOARD CHAIR	20.00	Officer Director	$7,530	$15,846	$23,376
KRIS CLERKIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SANDRA SOFIA LOPEZ NUNEZ	TREASURER	1.00	Officer Director	$0	$0	$0
SUZANNE GIBBS HOWARD	MEMBER	1.00	Director	$0	$0	$0
RUFUS GLASPER	MEMBER	1.00	Director	$0	$0	$0
LOU PUGLIESE	MEMBER	1.00	Director	$0	$0	$0
PETER JANZOW	MEMBER AS OF JULY	1.00	Director	$0	$0	$0
YVETTE VARGAS	MEMBER AS OF SEPTEMBER	1.00	Director	$0	$0	$0
LAURENCE ROTH	CHIEF GROWTH OFFICER	40.00	Officer	$271,794	$22,843	$294,637
DONALD FRASER	SR. VP., DESIGN AND INNOVATION	40.00	Highest	$213,641	$22,843	$236,484
NAOMI BOYER	SR. VP., DIGITAL TRANSFORMATION	40.00	Highest	$216,098	$26,010	$242,108
LISA LARSON	SR. VP., COLLEGE TRANSFORMATION	40.00	Highest	$220,619	$31,261	$251,880
KEVIN STUMP	VP. OF IMPACT	40.00	Highest	$178,080	$17,940	$196,020
KAREN PARKER	VP. OF PRODUCT	40.00	Highest	$174,733	$30,403	$205,136

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	$17,580,511	$14,375,301	$16,366,066	$3,205,210
2023	$15,842,213	$11,333,320	$12,947,382	$4,508,893
2022	$10,446,492	$7,777,839	$8,409,410	$2,668,653
2021	$7,567,402	$5,562,089	$5,756,934	$2,005,313
2020	$5,042,304	$2,949,896	$3,653,592	$2,092,408
2019	$2,248,655	$2,211,410	$1,584,928	$37,245
2019	$2,248,655	$2,211,410	$1,584,928	$37,245
2018	$1,905,869	$1,485,672	$1,491,054	$420,197

EDUCATION DESIGN LAB