IMPROVING EDUCATION INC (EIN 473271696) - 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

2015

Legal Domicile

Principal Officer

Jarrod Bolte

Phone

4432260809

Tax Period

2023-01-01 to 2023-12-31

IMPROVING EDUCATION INC, founded in 2015, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 87% from the prior year, signaling strong growth momentum. The organization ran a surplus of $459K, a strong 22% operating margin.

Mission

To provide solutions to improve educational systems. We run an early literacy improvement network supporting teachers with training instructional design and measurement. We provide health and at-home learning materials to families to support nightly bedtime routines for children ages 0-5 in low income homes.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,123,917

Program Service Revenue $540,250

Investment Income $0

Other Revenue $439,521

TOTAL REVENUE $2,103,688

Expense Breakdown

Grants Paid $15,750

Salaries & Benefits $1,118,425

Fundraising Expenses $69,097

Program Expenses $1,383,517

Other Expenses $510,647

TOTAL EXPENSES $1,644,822

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,103,688	$1,122,055	+0.9%
Expenses	$1,644,822	$1,184,552	+0.4%
Net Income	$458,866	$-62,497	-8.3%

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

$183,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jarrod Bolte	Chief Executive Officer	40.00	Officer	$166,980	$16,195	$183,175
Samantha McLemore	President Board Chair	2.00	Officer Director	$0	$0	$0
Angela Lynch	Treasurer	2.00	Officer Director	$0	$0	$0
Jared Murphy	Secretary	1.00	Officer Director	$0	$0	$0
David Tohn	Board Member	1.00	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
2024	No data	No data	No data	No data
2023	$2,103,688	$1,644,822	$2,546,617	$458,866
2022	$1,122,055	$1,184,552	$2,337,955	$-62,497
2021	$1,162,568	$707,693	$1,380,910	$454,875
2020	$1,139,719	$724,899	$944,471	$414,820

IMPROVING EDUCATION INC