The Education Trust Inc (EIN 521982223) - 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

1996

Legal Domicile

Principal Officer

Wendy Scott

Phone

2022931217

Tax Period

2024-07-01 to 2025-06-30

The Education Trust Inc, founded in 1996, is a mid-sized nonprofit in the Education sector that reported $33.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $32.2M left a modest 3% surplus.

Mission

EdTrust is committed to advancing policies and practices to dismantle the racial and economic barriers embedded in the American education system. Through our research and advocacy, EdTrust improves equity in education from preschool through college, engages diverse communities dedicated to education equity and justice, and increases political and public will to build an education system where students will thrive.

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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 $30,410,234

Program Service Revenue $547,950

Investment Income $2,178,059

Other Revenue $103,754

TOTAL REVENUE $33,239,997

Expense Breakdown

Grants Paid $2,179,842

Salaries & Benefits $20,761,627

Fundraising Expenses $769,911

Program Expenses $30,120,079

Other Expenses $9,254,124

TOTAL EXPENSES $32,195,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,239,997	$30,424,665	+0.1%
Expenses	$32,195,593	$30,645,163	+0.1%
Net Income	$1,044,404	$-220,498	-5.7%

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

206

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

$510,573

Total Directors

$510,573

Key Employees

$2,318,398

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Denise Forte	President & CEO	37.50	Officer Director	$485,763	$24,810	$510,573
Lisa Gelobter	Chair	2.00	Officer Director	$0	$0	$0
Jesse Jackson	Vice-Chair/Treasurer (Until 2/2025)	2.00	Officer Director	$0	$0	$0
Nadia Diaz Funn	Director	1.00	Director	$0	$0	$0
Hanseul Kang	Director	1.00	Director	$0	$0	$0
Matthew McGuire	Director	1.00	Director	$0	$0	$0
Christina Norman	Director	1.00	Director	$0	$0	$0
Eric Rodriguez	Director	1.00	Director	$0	$0	$0
Malbert Smith III PhD	Director	1.00	Director	$0	$0	$0
Tomeka Hart Wigginton	Director	1.00	Director	$0	$0	$0
Eduardo Padron PhD	Director	1.00	Director	$0	$0	$0
Wil Del Pilar	Senior Vice President	37.50	Key Emp	$305,077	$33,747	$338,824
Christopher Nellum	Executive Director, ETW	37.50	Key Emp	$253,704	$30,356	$284,060
Augustus Mays	VP for Partnerships and Engagement	37.50	Key Emp	$222,300	$38,133	$260,433
Wendy Scott	Chief Financial Officer	37.50	Key Emp	$221,409	$26,320	$247,729
Amber Arellano	Executive Director, ETM	37.50	Key Emp	$215,760	$36,794	$252,554
Rachel Stalcup	Chief Development Officer	37.50	Key Emp	$211,623	$16,764	$228,387
Claudia Lujan	Chief of Staff	37.50	Key Emp	$212,004	$29,554	$241,558
Allison Socol	VP, P-12 Policy, Research	37.50	Key Emp	$207,482	$31,491	$238,973
Nicolle Grayson	VP, Strategic Communications	37.50	Key Emp	$190,365	$35,515	$225,880
Brian Rivas	Senior Director	37.50	Highest	$179,396	$22,271	$201,667
Carol Hedgspeth	Deputy Director	37.50	Highest	$177,177	$34,619	$211,796
Lynn Jennings	Senior Director	37.50	Highest	$174,436	$34,373	$208,809
Rachel Ruffalo	Deputy Director	37.50	Highest	$169,954	$33,917	$203,871
Kevin Chappell	Executive Writer (Until 1/2025)	37.50	Highest	$164,587	$23,892	$188,479

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	$33,239,997	$32,195,593	$77,134,809	$1,044,404
2024	$30,424,665	$30,645,163	$75,287,885	$-220,498
2023	$33,115,919	$30,882,342	$74,997,496	$2,233,577
2022	$28,594,144	$26,204,976	$60,384,663	$2,389,168
2021	$51,106,764	$24,236,838	$59,287,240	$26,869,926
2020	$26,666,309	$25,153,788	$29,606,198	$1,512,521
2019	$22,841,744	$20,338,229	$26,781,444	$2,503,515
2018	$20,243,118	$18,208,196	$23,610,474	$2,034,922

The Education Trust Inc