NATIONAL REGISTRY OF EXONERATIONS FOUNDATION

EIN: 862065065 501(c)(3) Education

EAST LANSING, MI

Total Revenue
$875,380
Total Expenses
$628,673
Total Assets
$1,224,965
Net Assets
$1,149,937
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
MI
Principal Officer
MEGHAN COUSINO
Phone
5179748239
Tax Period
2024-08-01 to 2025-07-31

NATIONAL REGISTRY OF EXONERATIONS FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $875K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $247K, a strong 28% operating margin.

Mission

TO PROVIDE COMPREHENSIVE INFORMATION ON EXONERATIONS OF INNOCENT CRIMINAL DEFENDANTS IN ORDER TO PREVENT FUTURE FALSE CONVICTIONS BY LEARNING FROM PAST ERRORS.

Program Service Accomplishments

Program 1
Expenses: $532,569 Revenue: $101,045

THE ORGANIZATION COLLECTS, ANALYZES, AND DISSEMINATES INFORMATION ABOUT ALL KNOWN EXONERATIONS OF INNOCENT CRIMINAL DEFENDANTS IN THE UNITED STATES, FROM 1989 TO PRESENT. THE ORGANIZATION PUBLISHES...

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THE ORGANIZATION COLLECTS, ANALYZES, AND DISSEMINATES INFORMATION ABOUT ALL KNOWN EXONERATIONS OF INNOCENT CRIMINAL DEFENDANTS IN THE UNITED STATES, FROM 1989 TO PRESENT. THE ORGANIZATION PUBLISHES THOSE STORIES AND PROVIDES ACCESSIBLE, SEARCHABLE, ONLINE STATISTICAL DATA ABOUT THE CASES. THE ORGANIZATION ALSO CONDUCTS EMPIRICAL STUDIES OF THE PROCESS OF EXONERATION AND OF FACTORS THAT LEAD TO THE UNDERLYING WRONGFUL CONVICTIONS.

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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 $743,158
Program Service Revenue $101,045
Investment Income $31,066
Other Revenue $111
TOTAL REVENUE $875,380

Expense Breakdown

Grants Paid $497,173
Salaries & Benefits $0
Fundraising Expenses $40,718
Program Expenses $532,569
Other Expenses $131,500
TOTAL EXPENSES $628,673

Year-over-Year Comparison

2024 2023 Change
Revenue $875,380 $561,638 +0.6%
Expenses $628,673 $347,615 +0.8%
Net Income $246,707 $214,023 +0.2%
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
3
Employees
N/A
Volunteers
11

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
$39,913
Total Directors
5
$39,913
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MEGHAN COUSINO PRESIDENT/TR 40.00
Officer Director
$33,527 $0 $33,527
JESSICA WEINSTOCK SECRETARY & 1.00
Officer Director
$6,386 $0 $6,386
SAMUEL GROSS DIRECTOR 1.00
Director
$0 $0 $0
SIMON COLE DIRECTOR 1.00
Director
$0 $0 $0
BARBARA O'BRIEN DIRECTOR 1.00
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 $875,380 $628,673 $1,224,965 $246,707
2025 $875,380 $628,673 $1,224,965 $246,707
2025 $875,380 $628,673 $1,224,965 $246,707
2024 $561,638 $347,615 $936,066 $214,023
2023 $366,786 $418,000 $689,207 $-51,214
2022 $1,129,720 $358,394 $754,336 $771,326
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