NOBLE EDUCATION INITIATIVE INC (EIN 821187476) - 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

2017

Legal Domicile

Principal Officer

CORBET WILSON

Phone

3179416355

Tax Period

2024-07-01 to 2025-06-30

NOBLE EDUCATION INITIATIVE INC, founded in 2017, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $3.9M left a modest 9% surplus.

Mission

OUR MISSION IS TO CREATE A COLLABORATIVE GROUP OF PROFESSIONALS WHO WILL BOLDLY RETHINK EDUCATION, MAKING SUCCESS ATTAINABLE FOR ALL STUDENTS, WHILE PREPARING THE NEXT GENERATION TO SOLVE THE CHALLENGES OF TOMORROW.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,191,975

Investment Income $137,690

Other Revenue $0

TOTAL REVENUE $4,329,665

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,258,237

Fundraising Expenses $0

Program Expenses $3,042,449

Other Expenses $2,672,926

TOTAL EXPENSES $3,931,163

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,329,665	$5,256,605	-0.2%
Expenses	$3,931,163	$4,626,863	-0.2%
Net Income	$398,502	$629,742	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHERRY A HAGE	CEO & EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
RICHARD GARCIA	CFO & TREASURER	1.00	Officer Director	$0	$0	$0
CORBET WILSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
EVE CARNEY	CHIEF OF POLICY, PERFORMANCE, GROWTH	40.00	Highest	$253,023	$39,605	$292,628
JULIE ALM	EDUCATOR PREPARATION PROGRAM DIR.	40.00	Highest	$127,926	$25,206	$153,132
MISTY LINDEN	DIRECTOR OF GRANTS	40.00	Highest	$126,659	$32,955	$159,614

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	$4,329,665	$3,931,163	$6,233,497	$398,502
2024	No data	No data	No data	No data
2023	$6,301,778	$3,637,950	$4,922,227	$2,663,828
2022	$4,093,081	$3,356,924	$3,971,494	$736,157

NOBLE EDUCATION INITIATIVE INC