INSTITUTE FOR EDUCATION RESEARCH & SCHOLARSHIPS (EIN 721585854) - 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

2004

Legal Domicile

Principal Officer

Newton Lee

Phone

3238252637

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR EDUCATION RESEARCH & SCHOLARSHIPS, founded in 2004, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 7% surplus.

Mission

Established in 2004, the Institute for Education, Research, and Scholarships (IFERS) is an award-winning California-based 501(c)(3) nonprofit public charity organization dedicated to improving society by conducting scientific and social research as well as being a fiscal sponsor for more than 150 humanitarian projects. We believe in changing the world for the better through education, research, and scholarships. Our ultimate goal is to create a better world with lasting peace, prosperity, and universal rights 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 (2024)

Revenue Breakdown

Contributions & Grants $1,001,388

Program Service Revenue $467,097

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,468,485

Expense Breakdown

Grants Paid $1,067,135

Salaries & Benefits $264,863

Fundraising Expenses $0

Program Expenses $1,067,135

Other Expenses $39,869

TOTAL EXPENSES $1,371,867

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,468,485	$935,807	+0.6%
Expenses	$1,371,867	$1,004,219	+0.4%
Net Income	$96,618	$-68,412	-2.4%

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

N/A

Employees

Volunteers

500

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
Newton Lee	President	20	Officer Director	$0	$0	$0
Elizabeth Grigoryeva	Secretary	8	Officer	$0	$0	$0
Marcela Melnic	Treasurer	8	Officer	$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	$1,468,485	$1,371,867	$218,046	$96,618
2023	$935,807	$1,004,219	$121,428	$-68,412
2022	$903,394	$919,588	$189,840	$-16,194
2021	$781,193	$642,521	$206,034	$138,672
2021	$781,193	$642,521	$206,034	$138,672
2020	$347,717	$377,717	$67,362	$-30,000

INSTITUTE FOR EDUCATION RESEARCH & SCHOLARSHIPS