REAL ESTATE EDUCATORS ASSOCIATION

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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

1981

Legal Domicile

Principal Officer

JAN ELLINGSON

Phone

5206092380

Tax Period

2024-01-01 to 2024-12-31

REAL ESTATE EDUCATORS ASSOCIATION, founded in 1981, is a small nonprofit that reported $247K in total revenue in fiscal year 2024.

Mission

REEA IS A SOCIETY OF REAL ESTATE EDUCATION STAKEHOLDERS INSTRUCTORS, TRAINERS, REGULATORS, SCHOOLS, AUTHORS, ETC.. OUR OBJECTIVE IS TO CONTINUALLY GIVE OUR MEMBERS THE LATEST TOOLS AND TECHNIQUES FOR EFFECTIVE ADULT EDUCATION. OUR GOAL FOR REEA MEMBERS IS TO EXCEED THE HIGH STANDARDS DEMANDED FROM REAL ESTATE PROFESSIONALS.

Program Service Accomplishments

Program 1

REEA SERVED 500 MEMBERS IN THE REAL ESTATE EDUCATION INDUSTRY WHICH INCLUDES BUT NOT LIMITED TO ATTORNEY/LEGAL, AUTHOR/PUBLISHER, CPA, CORPORATE TRAINER, CORPORATE EDUCATION DIRECTOR, INSPIRATIONAL SPEAKER, NATIONAL SPEAKER, ONLINE REAL ESTATE SCHOOL, ONLINE REAL ESTATE EDUCATOR, ONLINE TRAINING, REAL ESTATE ASSOCIATION, REAL ESTATE ASSOCIATION EDUCATION DIRECTOR, REAL ESTATE SCHOOL, REAL ESTATE SCHOOL OWNER, REAL ESTATE SCHOOL ADMINISTRATOR, REAL ESTATE SCHOOL EDUCATION DIRECTOR, REAL ESTATE REGULATOR, REAL ESTATE REGULATOR EDUCATION DIRECTOR, REAL ESTATE TRAINER, REAL ESTATE EDUCATOR, REAL ESTATE INSTRUCTOR, REAL ESTATE TRAINING CONSULTANT, REAL ESTATE COACH, AND UNIVERSITY/COLLEGE PROFESSOR/EDUCATOR.

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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 $0

Program Service Revenue $244,594

Investment Income $2,713

Other Revenue $0

TOTAL REVENUE $247,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $247,036

TOTAL EXPENSES $247,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,307	$253,894	0.0%
Expenses	$247,036	$210,070	+0.2%
Net Income	$271	$43,824	-1.0%

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

102

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
MAURICE TAYLOR	PRES. FROM 7/1/24/PRES.ELECT UNTIL 7/1/24	003.00	Officer Director	$0	$0	$0
JENNIFER NICELY	PRES. ELECT FROM 7/1/24	002.00	Officer Director	$0	$0	$0
JOHN GILLAM	SECRETARY FROM 7/1/24	001.00	Officer Director	$0	$0	$0
JAN ELLINGSON	TREASURER	001.00	Officer Director	$0	$0	$0
KIZZY CRAWFORD HEATH	DIRECTOR FROM 7/1/24	001.00	Director	$0	$0	$0
WILL PARKER	DIRECTOR	001.00	Director	$0	$0	$0
VICKIE ROGERS	DIRECTOR FROM 1/12/24	001.00	Director	$0	$0	$0
JANIE WOOD	DIRECTOR FROM 7/1/24	001.00	Director	$0	$0	$0
MICHELLE BEHRENDT	DIRECTOR	001.00	Director	$0	$0	$0
CONRAD RICHARDS	PAST PRES. FROM 7/1/24/PRES. UNTIL 7/1/24	001.00	Officer Director	$0	$0	$0
JODI SHERRETTS	SECRETARY UNTIL 7/1/24	001.00	Officer Director	$0	$0	$0
BRAD BARKER	PAST PRES. UNTIL 7/1/24	001.00	Officer Director	$0	$0	$0
KRIS INMAN	EXECUTIVE DIRECTOR	040.00	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	$247,307	$247,036	$214,469	$271
2023	$253,894	$210,070	$214,198	$43,824
2022	$243,281	$262,430	$170,374	$-19,149
2021	$214,117	$176,863	$189,523	$37,254
2020	$135,599	$128,321	$152,269	$7,278
2019	$235,892	$205,372	$144,991	$30,520
2018	$230,296	$228,011	$123,225	$2,285