HIGHER EDUCATION & LEADERSHIP

EIN: 843429672 501(c)(3) Education

WATERVILLE, ME

Total Revenue
$26,573
Total Expenses
$41,312
Total Assets
$710,524
Net Assets
$710,524
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Principal Officer
JEANNE OTIS
Tax Period
2024-07-01 to 2025-06-30

HIGHER EDUCATION & LEADERSHIP, founded in 2019, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $41K exceeded revenue, resulting in a 55% operating deficit.

Mission

OUR MISSION IS TO SUPPORT YOUNG ADULTS IN HAITI TO GAIN ACCESS TO COLLEGES, UNIVERSITIES OR TRADE SCHOOLS BY RAISING AND PROVIDING FINANCIAL ASSISTANCE AND TO ESTABLISH STRATEGIC PARTNERSHIPS WITH EDUCATIONAL INSTITUTIONS AND OTHER ORGANIZATIONS OF INTEREST.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $240
Program Service Revenue $0
Investment Income $26,333
Other Revenue $0
TOTAL REVENUE $26,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,235
Other Expenses $41,312
TOTAL EXPENSES $41,312

Year-over-Year Comparison

2024 2023 Change
Revenue $26,573 $21,077 +0.3%
Expenses $41,312 $30,989 +0.3%
Net Income $-14,739 $-9,912 +0.5%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
5
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEANNE OTIS PRESIDENT 2.00
Officer Director
$0 $0 $0
CHIP CAIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
CECILE DEROCHE-CAIN SECRETARY 2.00
Officer Director
$0 $0 $0
ELISE ROSSIGNOL TREASURER 2.00
Officer Director
$0 $0 $0
PAUL BOUDREAU FRIEND-RAISE 2.00
Officer Director
$0 $0 $0
JOSHUA RENY VOLUNTEER AD 2.00
Director
$0 $0 $0
SUSAN INMAN VOLUNTEER AD 2.00
Director
$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 $26,573 $41,312 $710,524 $-14,739
2024 $21,077 $30,989 $687,189 $-9,912
2023 $-5,569 $25,683 $614,682 $-31,252
2022 $647,950 $13,532 $576,077 $634,418
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HIGHER EDUCATION & LEADERSHIP with other nonprofits in Maine and across the country.