EDUCATORS LEADING THE PROFESSION

EIN: 843398267 501(c)(3) Education

INDIANAPOLIS, IN

Total Revenue
$270,500
Total Expenses
$911,694
Total Assets
$212,932
Net Assets
$188,137
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MI
Principal Officer
MATT WHITSON CPA
Phone
3172633400
Tax Period
2023-09-01 to 2024-08-31

EDUCATORS LEADING THE PROFESSION, founded in 2019, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. Expenses of $912K exceeded revenue, resulting in a 237% operating deficit.

Mission

EDUCATORS LEADING THE PROFESSIONS MISSION IS TO BENEFIT THE COMMUNITY SERVED AND TO PROMOTE EDUCATION, ACTIVITIES, AND ADVANCEMENT OF EDUCATION. THIS IS ACHIEVED BY SUPPORTING TEACHERS AND PUBLIC EDUCATION, ENHANCING AND IMPROVING QUALITY OF PUBLIC EDUCATION, CREATING AND TEST PILOTING TEACHING PROCESSES TO ASSIST TEACHERS AND STAFF, AND TO ORGANIZE AND CREATE TEACHING PROGRAMS TO PROVIDE ASSISTANCE TO EDUCATORS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $270,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $270,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,004
Fundraising Expenses $70,720
Program Expenses $814,924
Other Expenses $714,690
TOTAL EXPENSES $911,694

Year-over-Year Comparison

2023 2022 Change
Revenue $270,500 $1,005,240 -0.7%
Expenses $911,694 $865,012 +0.1%
Net Income $-641,194 $140,228 -5.6%
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

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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
5
Independent Members
5
Employees
N/A
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
3
$197,004
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE SHOUDY CHAIR, ILLINOIS EDUCATION ASSOCIATION 1.00
Officer Director
$0 $0 $0
MATT WHITSON CPA SECRETARY/TREASURER, INDIANA STATE TEACHERS ASSOC 1.00
Officer Director
$0 $0 $0
SCOTT DIMAURO DIRECTOR, OHIO EDUCATION ASSOCIATION 1.00
Director
$0 $0 $0
COY MARQUARDT DIRECTOR, IOWA STATE EDUCATION ASSOCIATION 1.00
Director
$0 $0 $0
KEITH GAMBILL DIRECTOR, INDIANA STATE TEACHERS ASSOCIATION 1.00
Director
$0 $0 $0
DAN BURKHALTER EXECUTIVE DIRECTOR 40.00
Officer
$197,004 $0 $197,004
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 $270,500 $911,694 $212,932 $-641,194
2023 $1,005,240 $865,012 $888,815 $140,228
2022 $1,223,530 $912,721 $737,639 $310,809
2021 $462,280 $434,925 $447,198 $27,355
2019 $477,661 $101,187 $392,891 $376,474
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