CLEVELAND, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)KORDA INSTITUTE FOR TEACHING, founded in 2017, is a small nonprofit in the Education sector that reported $787K in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 37% operating deficit.
KORDA INSTITUTE FOR TEACHING IS A 501C3 NON-PROFIT WHOSE MISSION IS TO TRANSFORM SCHOOL BY CHANGING HOW TEACHERS TEACH AND STUDENTS LEARN. UNLIKE MOST OTHERS, THEY MAKE CHANGE WITHIN EXISTING K12 SCHOOLS BY UPSKILLING TEACHERS WITH 21ST CENTURY METHODS. THEY HAVE WORKED WITH OVER 700 EDUCATORS ACROSS OVER 200 SCHOOLS AND IMPACTED OVER 75,000 STUDENTS AND ARE HAVING UNPRECEDENTED RESULTS TRANSFORMING TEACHERS AND STUDENTS. THE RESULTS ARE MORE ENGAGED STUDENTS WITH INCREASED AGENCY AND DEEP LEARNING OF 21ST CENTURY SKILLS AND ACADEMIC CONTENT. KORDA INSTITUTE IS COMMITTED TO EQUITABLE ACCESS TO QUALITY EDUCATION WITH A FOCUS ON CREATING SUSTAINABLE CHANGE IN PUBLIC SCHOOLS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $786,910 | $1,289,536 | -0.4% |
| Expenses | $1,077,539 | $1,033,795 | +0.0% |
| Net Income | $-290,629 | $255,741 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DORIS KORDA | CEO | 40.00 |
Officer
Director
|
$200,000 | $0 | $200,000 |
| JOHN M LEPELLEY | CHIEF IMPACT | 40.00 |
Highest
|
$144,808 | $0 | $144,808 |
| TOD FRANCIS | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| TIMOTHY JUNGLAS | BOARD MEMBER | N/A |
Director
|
$0 | $0 | $0 |
| KAREN MINER-ROMANOFF | VICE PRESIDE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| JULIE RASKIND | PRESIDENT | N/A |
Officer
Director
|
$0 | $0 | $0 |
| LISA STEIN | TREASURER/SE | N/A |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $786,910 | $1,077,539 | $888,686 | $-290,629 |
| 2024 | $1,289,536 | $1,033,795 | $1,153,399 | $255,741 |
| 2023 | $1,234,356 | $893,456 | $898,896 | $340,900 |
| 2022 | $918,473 | $961,217 | $568,892 | $-42,744 |
| 2021 | $762,852 | $803,191 | $684,659 | $-40,339 |
| 2020 | $757,216 | $605,026 | $696,016 | $152,190 |
| 2019 | $538,969 | $403,401 | $501,249 | $135,568 |
Compare KORDA INSTITUTE FOR TEACHING with other nonprofits in Ohio and across the country.