GOVERNING MAJORITY EDUCATION FUND

🔒

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

2020

Legal Domicile

Principal Officer

JOHN FASO

Phone

8132543369

Tax Period

2024-01-01 to 2024-12-31

GOVERNING MAJORITY EDUCATION FUND, founded in 2020, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $1.2M left a modest 6% surplus.

Mission

THE GOVERNING MAJORITY EDUCATION FUND IS DEDICATED TO PROMOTING AND ADVANCING RESPONSIBLE GOVERNANCE THROUGH RESEARCH AND EDUCATION. THE ORGANIZATION SUPPORTS POLICIES THAT FOSTER ECONOMIC GROWTH AND OPPORTUNITY, AND SUPPORT COMMUNITIES, FAMILIES, AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $890,087

ADVOCACY COMMUNICATIONS IN SUPPORT OF THE ORGANIZATION'S MISSION PROMOTING POLICY SOLUTIONS REGARDING TAX ISSUES, NATIONAL SECURITY, HEALTHCARE, AND EDUCATION.

🔒

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 $1,275,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,275,000

Expense Breakdown

Grants Paid $125,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $890,087

Other Expenses $1,072,319

TOTAL EXPENSES $1,197,319

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,275,000	$840,000	+0.5%
Expenses	$1,197,319	$666,602	+0.8%
Net Income	$77,681	$173,398	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARYN EGGERAAT	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
MIMI WALTERS	DIRECTOR	1.00	Director	$0	$0	$0
ERIK PAULSEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFF DENHAM	DIRECTOR	1.00	Director	$0	$0	$0
PAT TIBERI	DIRECTOR	1.00	Director	$0	$0	$0
RODNEY DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KATKO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN FASO	PRESIDENT/SECRETARY	1.00	Officer	$0	$0	$0
NANCY WATKINS	TREASURER	1.00	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
2024	$1,275,000	$1,197,319	$408,417	$77,681
2023	$840,000	$666,602	$330,736	$173,398
2022	$495,000	$558,595	$157,338	$-63,595
2021	$430,000	$245,180	$220,933	$184,820