Florida Education Association MARION EDUCATION ASSOCIATION (EIN 519225141) - 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

1975

Legal Domicile

Principal Officer

Chris Altobello

Phone

3522376275

Tax Period

2023-09-01 to 2024-08-31

Florida Education Association MARION EDUCATION ASSOCIATION, founded in 1975, is a small nonprofit that reported $171K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $221K exceeded revenue, resulting in a 29% operating deficit.

Mission

To work for the welfare of school children, the advancement of education, and the improvement of instructional opportunities for all.

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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 $5,046

Program Service Revenue $165,352

Investment Income $463

Other Revenue $0

TOTAL REVENUE $170,861

Expense Breakdown

Grants Paid $600

Salaries & Benefits $159,803

Fundraising Expenses $0

Other Expenses $60,150

TOTAL EXPENSES $220,553

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,861	$190,704	-0.1%
Expenses	$220,553	$254,185	-0.1%
Net Income	$-49,692	$-63,481	-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

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

N/A

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

$123,274

Total Directors

$131,601

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mark Avery	President	40.00	Officer Director	$0	$0	$115,904
Helen Hamel	1st Vice President	10.00	Officer Director	$2,330	$0	$2,330
Theresa Schultz Nourse	2nd VP 9/1/23-3/6/24	10.00	Officer Director	$300	$0	$300
Joanne Houghton	Secretary	5.00	Officer Director	$1,520	$0	$1,520
Emily Parker	Treasurer	5.00	Officer Director	$3,220	$0	$3,220
Laura Gilligan	Director	2.00	Director	$1,363	$0	$1,363
Sharon Hooks	Director	2.00	Director	$987	$0	$987
Maleigha Flynn	Director	2.00	Director	$0	$0	$0
Lauren Karpinski	Director	2.00	Director	$594	$0	$594
Velvea Brown	Director	2.00	Director	$80	$0	$80
Mary Rivera	Director	2.00	Director	$2,384	$0	$2,384
Michelle-Ann Miller	Director	2.00	Director	$1,104	$0	$1,104
Vickie Treulieb	Director	2.00	Director	$1,515	$0	$1,515
Cristi Schank	Director	2.00	Director	$300	$0	$300

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	$170,861	$220,553	$229,305	$-49,692
2023	$190,704	$254,185	$302,053	$-63,481
2022	$196,746	$247,071	$345,394	$-50,325
2021	$213,383	$160,080	$444,264	$53,303
2020	$220,974	$148,314	$440,485	$72,660

Florida Education Association MARION EDUCATION ASSOCIATION