NICARAGUAN EDUCATION RESOURCE CENTER (EIN 474997229) - 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

MICHELLE CHACKERIAN

Phone

5105518471

Tax Period

2024-01-01 to 2024-12-31

NICARAGUAN EDUCATION RESOURCE CENTER, founded in 2015, is a small nonprofit in the Education sector that reported $918K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $364K, a strong 40% operating margin.

Mission

CREA ELEVATES RURAL NICARAGUANS AND THEIR COMMUNITIES THROUGH LITERACY AND LEARNING

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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 $856,586

Program Service Revenue $0

Investment Income $61,421

Other Revenue $0

TOTAL REVENUE $918,007

Expense Breakdown

Grants Paid $24,009

Salaries & Benefits $358,294

Fundraising Expenses $16,761

Program Expenses $479,260

Other Expenses $171,551

TOTAL EXPENSES $553,854

Year-over-Year Comparison

	2024	2023	Change
Revenue	$918,007	$685,490	+0.3%
Expenses	$553,854	$486,490	+0.1%
Net Income	$364,153	$199,000	+0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT HAGG	PRESIDENT,CH	15.00	Officer Director	$0	$0	$0
MAREN BOOTHBY	SECRETARY	15.00	Officer Director	$0	$0	$0
STEVE MERRITT	TREASURER	15.00	Officer Director	$0	$0	$0
JOHN WESTON	TREASURER	10.00	Officer Director	$0	$0	$0
MICHELLE CHACKERIAN	ESECUTIVE DI	50.00	Officer	$0	$0	$0
TESSA GUNTHER	BOARD MEMBER	15.00	Director	$0	$0	$0
GAY SU PINNELL	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMES MANHEIMER	BOARD MEMBER	10.00	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
2025	No data	No data	No data	No data
2024	$918,007	$553,854	$2,927,090	$364,153
2023	$685,490	$486,490	$2,467,010	$199,000
2022	$1,039,414	$500,017	$2,130,657	$539,397
2021	$954,399	$363,893	$1,722,505	$590,506
2020	$420,079	$263,526	$1,130,988	$156,553
2019	$329,074	$226,400	$958,626	$102,674
2018	$539,648	$288,295	$853,814	$251,353

NICARAGUAN EDUCATION RESOURCE CENTER