National Education Equity Lab Inc

EIN: 833914379 501(c)(3) Education

New York, NY

Total Revenue
$3,044,604
Total Expenses
$3,053,140
Total Assets
$2,594,333
Net Assets
$2,569,717
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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
2019
Legal Domicile
FL
Principal Officer
Leslie Cornfeld
Phone
9178372200
Tax Period
2024-01-01 to 2024-06-30

National Education Equity Lab Inc, founded in 2019, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring.

Mission

Propel economic and social mobility for students with a focus on low income and historically underserved students.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,546,343
Program Service Revenue $1,464,750
Investment Income $33,511
Other Revenue $0
TOTAL REVENUE $3,044,604

Expense Breakdown

Grants Paid $19,000
Salaries & Benefits $1,585,547
Fundraising Expenses $342,613
Program Expenses $2,346,745
Other Expenses $1,448,593
TOTAL EXPENSES $3,053,140

Year-over-Year Comparison

2024 2023 Change
Revenue $3,044,604 $5,516,137 -0.4%
Expenses $3,053,140 $4,971,271 -0.4%
Net Income $-8,536 $544,866 -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

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Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
13

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
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Leslie Cornfeld Founder & CEO 40.00
Officer Director
$0 $0 $0
Dr Robert Balfanz Trustee 8.00
Director
$0 $0 $0
Donald Brown Trustee 8.00
Director
$0 $0 $0
Angela Duckworth Trustee 8.00
Director
$0 $0 $0
Arne Duncan Trustee 8.00
Director
$0 $0 $0
Wayne Frederick Trustee 8.00
Director
$0 $0 $0
Steve Galbraith Trustee 8.00
Director
$0 $0 $0
Henry McCance Trustee 8.00
Director
$0 $0 $0
Jenny Rickard Trustee 8.00
Director
$0 $0 $0
Vivian Riefberg Trustee 8.00
Director
$0 $0 $0
Robert Runcie Trustee 8.00
Director
$0 $0 $0
LaVerne Srinivasan Trustee 8.00
Director
$0 $0 $0
Marian Wright Edelman Trustee 8.00
Director
$0 $0 $0
Melinda Wolfe Trustee 8.00
Director
$0 $0 $0
Alexandra Slack President & COO 40.00
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
2025 No data No data No data No data
2024 $3,044,604 $3,053,140 $2,594,333 $-8,536
2023 $5,516,137 $4,971,271 $3,353,666 $544,866
2022 $3,815,874 $3,748,536 $2,779,953 $67,338
2021 $3,228,773 $1,913,320 $2,012,584 $1,315,453
2020 $711,675 $383,837 $675,344 $327,838
2019 $500,000 $174,859 $325,141 $325,141
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