ERA EDUCATION FOUNDATION INC

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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

2021

Legal Domicile

Principal Officer

MELISSA MCPHERSON

Phone

9406652007

Tax Period

2023-07-01 to 2024-06-30

ERA EDUCATION FOUNDATION INC, founded in 2021, is a small nonprofit that reported $101K in total revenue in fiscal year 2023. The organization ran a surplus of $33K, a strong 33% operating margin.

Mission

TO RAISE AND DISTRIBUTE FUNDS TO PROVIDE BASIC SUPPORT AND ENRICHMENT TO THE STUDENTS AND TEACHERS OF ERA I.S.D.

Program Service Accomplishments

Program 1

Expenses: $41,330

STUDENT SCHOLARSHIPS, TEACHER GRANTS, AND OTHER ERA I.S.D. ASSISTANCE TOTALED $41,330 FOR FISCAL YEAR 2024.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $104,122

Program Service Revenue $0

Investment Income $188

Other Revenue $-3,793

TOTAL REVENUE $100,517

Expense Breakdown

Grants Paid $41,330

Salaries & Benefits $20,445

Fundraising Expenses $4,615

Program Expenses $41,330

Other Expenses $5,775

TOTAL EXPENSES $67,550

Year-over-Year Comparison

	2023	2022	Change
Revenue	$100,517	$95,404	+0.1%
Expenses	$67,550	$71,721	-0.1%
Net Income	$32,967	$23,683	+0.4%

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

Governance

Voting Members

Independent Members

Employees

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
THERESA STEVENS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MEREDITH ELLIS	SECRETARY	N/A	Officer Director	$0	$0	$0
COURTNEY STEVENS	DIRECTOR	N/A	Director	$0	$0	$0
JACKIE SHAFFER	DIRECTOR	N/A	Director	$0	$0	$0
NICOLE PURNELL	EXECUTIVE DIRECTOR	20.00	Highest	$18,660	$0	$18,660
CINDY SWANK	DIRECTOR	N/A	Director	$0	$0	$0
KRISTEN LAWLER	TREASURER	N/A	Officer Director	$0	$0	$0
JENNIFER GILLESPIE	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$100,517	$67,550	$165,857	$32,967
2023	$95,404	$71,721	$134,966	$23,683
2021	$131,397	$39,336	$100,061	$92,061