EDUCATIONAL INFORMATION CORPORATION (EIN 561061859) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1973

Legal Domicile

Principal Officer

DEBORAH S PROCTOR

Phone

9195565178

Tax Period

2023-08-01 to 2024-07-31

EDUCATIONAL INFORMATION CORPORATION, founded in 1973, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $607K, a strong 25% operating margin.

Mission

TO DISSEMINATE EDUCATIONAL INFORMATION, INCLUDING EXPANDING THE COMMUNITY OF CLASSICAL MUSIC LOVERS BY SHARING ACCESSIBLE CLASSICAL MUSIC WITH EVERYONE, EVERYWHERE, AT ANY TIME. WE ENTERTAIN, EDUCATE AND ENGAGE OUR AUDIENCE WITH INFORMED ANNOUNCERS, PROGRAMS, AND PUBLICATIONS. WE STRIVE TO MAKE IT EASY TO APPRECIATE AND ENJOY CLASSICAL MUSIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,356,492

Program Service Revenue $2,625

Investment Income $81,471

Other Revenue $33,077

TOTAL REVENUE $2,473,665

Expense Breakdown

Grants Paid $12,000

Salaries & Benefits $1,039,533

Fundraising Expenses $157,498

Program Expenses $1,146,096

Other Expenses $815,377

TOTAL EXPENSES $1,866,910

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,473,665	$1,954,480	+0.3%
Expenses	$1,866,910	$1,796,533	+0.0%
Net Income	$606,755	$157,947	+2.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

$92,111

Total Directors

$92,111

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH S PROCTOR	PRESIDENT/GENERAL MANAGER	40.00	Officer Director	$89,428	$2,683	$92,111
NEEDHAM W LANGSTON JR	SECRETARY	0.25	Officer 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	$2,473,665	$1,866,910	$11,245,213	$606,755
2023	$1,954,480	$1,796,533	$10,588,078	$157,947
2022	$1,896,416	$1,504,258	$10,431,851	$392,158
2021	$1,795,992	$1,619,304	$10,059,393	$176,688
2020	$1,851,100	$1,639,311	$9,802,976	$211,789
2019	$1,829,673	$1,474,786	$9,558,958	$354,887

EDUCATIONAL INFORMATION CORPORATION