NCTA EDUCATION FOUNDATION INC

EIN: 521653760 501(c)(3) Public & Societal Benefit

WASHINGTON, DC

Total Revenue
N/A
Total Expenses
$812
Total Assets
$10,260
Net Assets
$10,196
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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
1989
Legal Domicile
DE
Principal Officer
MICHAEL POWELL
Phone
2022222390
Tax Period
2018-01-01 to 2018-12-31

Mission

TO DEDICATE TO COMMUNITY DEVELOPMENT AND, THROUGH STRATEGIC FUNDING SUPPORT AND PARTNERSHIP ACTIVITIES, PROVIDES OPPORTUNITY FOR INDIVIDUALS, ESPECIALLY AMERICA'S YOUTH, TO GROW AND PROSPER IN TODAY'S DIGITAL WORLD. THE FOUNDATION SEEKS TO SUPPORT ORGANIZATIONS AND PROJECTS THAT LEVERAGE BROADBAND-RELATED TECHNOLOGY AND SERVICES TO MEET COMMUNITY NEEDS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $812
TOTAL EXPENSES $812

Year-over-Year Comparison

2018 2017 Change
Revenue N/A $1,235,000 -1.0%
Expenses $812 $1,101,699 -1.0%
Net Income N/A $133,301 N/A
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

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Governance

Voting Members
22
Independent Members
21
Employees
N/A
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
6
$5,203,313
Total Directors
27
$5,203,313
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL K POWELL PRESIDENT & CEO 0.00
Officer Director
$0 $27,797 $5,203,313
PATRICK ESSER CHAIRMAN 0.00
Officer Director
$0 $0 $0
DAVE WATSON VICE-CHAIRMAN 0.00
Officer Director
$0 $0 $0
ROBERT BAKISH SECRETARY 0.00
Officer Director
$0 $0 $0
GARY SHORMAN TREASURER 0.00
Officer Director
$0 $0 $0
THOMAS M RUTLEDGE IMMEDIATE PAST CHAIRMAN 0.00
Officer Director
$0 $0 $0
PAUL BUCCIERI DIRECTOR 0.00
Director
$0 $0 $0
JEFFREY S DEMOND DIRECTOR 0.00
Director
$0 $0 $0
FRANK M DRENDEL DIRECTOR 0.00
Director
$0 $0 $0
RONALD DUNCAN DIRECTOR 0.00
Director
$0 $0 $0
JOHN D EVANS DIRECTOR 0.00
Director
$0 $0 $0
ALFRED LIGGINS III DIRECTOR 0.00
Director
$0 $0 $0
PAT MCADARAGH DIRECTOR 0.00
Director
$0 $0 $0
DAVID NEVINS DIRECTOR 0.00
Director
$0 $0 $0
JOHN PASCARELLI DIRECTOR 0.00
Director
$0 $0 $0
JAMES PITARO DIRECTOR 0.00
Director
$0 $0 $0
PETER RICE DIRECTOR 0.00
Director
$0 $0 $0
JOSHUA SAPAN DIRECTOR 0.00
Director
$0 $0 $0
RICHARD SJOBERG DIRECTOR 0.00
Director
$0 $0 $0
JOHN STANKEY DIRECTOR 0.00
Director
$0 $0 $0
ROBERT J STANZIONE DIRECTOR 0.00
Director
$0 $0 $0
DAVID M ZASLAV DIRECTOR 0.00
Director
$0 $0 $0
ROCCO B COMMISSO DIRECTOR; UNTIL 2/27/18 0.00
Director
$0 $0 $0
NANCY DUBUC DIRECTOR; UNTIL 4/4/18 0.00
Director
$0 $0 $0
DEXTER GOEI DIRECTOR; UNTIL 9/30/18 0.00
Director
$0 $0 $0
KEN LOWE DIRECTOR; UNTIL 3/6/18 0.00
Director
$0 $0 $0
JOHN K MARTIN DIRECTOR; UNTIL 6/15/18 0.00
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
2018 No data $812 $10,260 No data
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