New Hampshire Learning Initiative Inc

EIN: 474290504 501(c)(3) Education

North Hampton, NH

Total Revenue
$735,062
Total Expenses
$1,008,669
Total Assets
$1,658,379
Net Assets
$1,293,560
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NH
Principal Officer
Ellen Hume-Howard
Phone
6037581464
Tax Period
2025-01-01 to 2025-06-30

New Hampshire Learning Initiative Inc, founded in 2016, is a small nonprofit in the Education sector that reported $735K in total revenue in fiscal year 2024. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 37% operating deficit.

Mission

The New Hampshire Learning Initiative (NHLI) is a 501c3 non-profit organization focused on supporting educators, schools, and districts in New Hampshire. NHLI supports former and current educators dedicated to moving schools forward through meaningful educational change and providing all students with accessible learning pathways to success in college, career, and life. What began as a New Hampshire-based initiative to introduce an innovative assessment model for districts, has grown into a national effort to rethink education and assessment. We are proud to partner with states and organizations across the country to build a more equitable assessment system for students.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $325,018
Program Service Revenue $407,433
Investment Income $7
Other Revenue $2,604
TOTAL REVENUE $735,062

Expense Breakdown

Grants Paid $150,000
Salaries & Benefits $195,433
Fundraising Expenses $3,644
Program Expenses $875,768
Other Expenses $663,236
TOTAL EXPENSES $1,008,669

Year-over-Year Comparison

2024 2023 Change
Revenue $735,062 $2,134,748 -0.7%
Expenses $1,008,669 $2,468,091 -0.6%
Net Income $-273,607 $-333,343 -0.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Walter Zanchuk President 2.00
Officer Director
$0 $0 $0
Wildolfo Arvelo Treasurer 1.00
Officer Director
$0 $0 $0
Nathan Harris Director 0.50
Director
$0 $0 $0
Paul Leather Director 0.50
Director
$0 $0 $0
Jennifery Pomykato Director 0.50
Director
$0 $0 $0
Christine Rath Director 0.50
Director
$0 $0 $0
Irving Richardson Director 0.50
Director
$0 $0 $0
Ellen Hume-Howard Executive Director 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
2025 $735,062 $1,008,669 $1,658,379 $-273,607
2024 No data No data No data No data
2023 $2,134,748 $2,468,091 $1,830,910 $-333,343
2022 $1,641,166 $1,953,434 $2,056,368 $-312,268
2021 $2,093,786 $1,350,207 $2,353,198 $743,579
2020 $1,131,697 $1,264,134 $1,558,554 $-132,437
2019 $1,407,267 $1,284,166 $1,809,492 $123,101
2018 $1,830,963 $1,303,491 $1,595,097 $527,472
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