NEW YORK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)PARTNERSHIP FOR EDUCATION ADVANCEMENT INC, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $22.0M in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $24.2M exceeded revenue, resulting in a 10% operating deficit.
OUR MISSION IS TO SUPPORT SOCIAL MOBILITY BY STRENGTHENING MISSION-FOCUSED COLLEGES AND UNIVERSITIES THAT PRIMARLY SERVE LOW INCOME, FIRST GENERATION, AND UNDER-RESOURCED STUDENTS AND FAMILIES.
HBCU TRANSFORMATION DEEP SUPPORT FOR SCHOOLS WITHIN THE HBCU NETWORK TO IMPROVE ENROLLMENT,RETENTION, AND GRADUATION RATES.
BETTER FAFSA SUPPORTTO PROVIDE ADDITIONAL RESOURCES AND TECHNOLOGY TO HELP COLLEGES PREPARE TO PACKAGE STUDENTS' FINANCIAL AID AS QUICKLY AND ACCURATELY AS POSSIBLE THROUGH BETTER FAFSA.
CAPACITY BUILDING AND SUPPORTCAPACITY BUILDING AND SUPPORT TO MISSION-ALIGNED UNIVERSITIES.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $21,951,817 | $11,458,290 | +0.9% |
| Expenses | $24,160,336 | $20,222,000 | +0.2% |
| Net Income | $-2,208,519 | $-8,763,710 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| HAMILTON JAMES | CHAIRMAN | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES RUNCIE | CHIEF EXECUTIVE OFFICER | 40.00 |
Officer
Director
|
$300,424 | $20,353 | $320,777 |
| GARRETT MORAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| VERDUN PERRY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BERYL MCEWEN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ARNE DUNCAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM LEITH | MANAGING DIRECTOR | 40.00 |
Officer
|
$308,000 | $0 | $308,000 |
| NARA LEE | SENIOR FINANCE OFFICER | 40.00 |
Officer
|
$219,801 | $0 | $219,801 |
| ZINA EVANS | SVP ENROLLMENT MANAGEMENT | 40.00 |
Highest
|
$355,606 | $9,692 | $365,298 |
| WAYNE CUMMINGS | SVP CHIEF TECHNOLOGY OFFICER | 40.00 |
Highest
|
$285,861 | $28,223 | $314,084 |
| ANNE ELIZABETH REZNIK | CHIEF OF STAFF | 40.00 |
Highest
|
$271,800 | $0 | $271,800 |
| CECILIA LOUISE MARSHALL | DIRECTOR OF EXTERNAL PARTNERSHIPS | 40.00 |
Highest
|
$215,683 | $30,045 | $245,728 |
| ROBIN MINOR | SVP INSTITUTIONAL PARTNERS | 40.00 |
Highest
|
$308,000 | $0 | $308,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $21,951,817 | $24,160,336 | $29,459,148 | $-2,208,519 |
| 2023 | $11,458,290 | $20,222,000 | $32,272,540 | $-8,763,710 |
| 2022 | $23,831,423 | $20,605,938 | $44,587,407 | $3,225,485 |
| 2021 | $41,198,488 | $14,431,760 | $36,194,552 | $26,766,728 |
| 2020 | $15,250,000 | $7,498,314 | $8,474,840 | $7,751,686 |
| 2019 | $875,000 | $805,764 | $357,842 | $69,236 |
| 2019 | $875,000 | $809,942 | $357,842 | $65,058 |
| 2018 | $451,000 | $190,770 | $269,478 | $260,230 |
Compare PARTNERSHIP FOR EDUCATION ADVANCEMENT INC with other nonprofits in New York and across the country.