LINCOLN EDUCATION ASSOCIATION (EIN 470465895) - 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

1920

Legal Domicile

Principal Officer

DEB RASMUSSEN

Phone

4024897500

Tax Period

2024-09-01 to 2025-08-31

LINCOLN EDUCATION ASSOCIATION, founded in 1920, is a small nonprofit that reported $362K in total revenue in fiscal year 2024. Expenses of $320K left a modest 12% surplus.

Mission

TO ADVANCE THE PROFESSION OF PUBLIC EDUCATION, THE EMPOWERMENT OF EDUCATORS AND TO PROMOTE A QUALITY PUBLIC EDUCATION FOR ALL STUDENTS AS WELL AS TO ENSURE, THE RIGHTS AND INTERESTS OF EDUCATIONAL EMPLOYEES AND ADVOCATE HUMAN, CIVIL AND ECONOMIC RIGHTS FOR ITS MEMBERS.

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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 $0

Program Service Revenue $307,987

Investment Income $18,612

Other Revenue $35,675

TOTAL REVENUE $362,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,538

Fundraising Expenses $0

Other Expenses $210,979

TOTAL EXPENSES $319,517

Year-over-Year Comparison

	2024	2023	Change
Revenue	$362,274	$360,582	+0.0%
Expenses	$319,517	$310,901	+0.0%
Net Income	$42,757	$49,681	-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

Governance

Voting Members

Independent Members

Employees

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

$16,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEB RASMUSSEN	PRESIDENT	30.00	Officer	$12,000	$0	$12,000
MINDY DILLER	VICE PRESIDE	0.50	Officer	$2,000	$0	$2,000
MEGAN SIMSIC	SECRETARY/TR	0.50	Officer	$2,000	$0	$2,000
SHARI ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
JAKE BOGUS	DIRECTOR	N/A	Director	$0	$0	$0
JULIE COLBY	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE HOWELL	DIRECTOR	N/A	Director	$0	$0	$0
NORA LENZ	DIRECTOR	N/A	Director	$0	$0	$0
TYLER MATHERS	DIRECTOR	N/A	Director	$0	$0	$0
ROSS PICKEL	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM WEST	DIRECTOR	N/A	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	$362,274	$319,517	$1,143,287	$42,757
2024	$360,582	$310,901	$1,081,364	$49,681
2023	$332,142	$355,563	$969,352	$-23,421
2022	$366,077	$353,552	$965,625	$12,525
2021	$401,999	$337,578	$984,872	$64,421
2020	$408,122	$344,009	$887,971	$64,113
2019	$469,375	$433,290	$771,003	$36,085
2018	$625,967	$564,984	$874,729	$60,983

LINCOLN EDUCATION ASSOCIATION