MIZZEN EDUCATION INC

EIN: 882385911 501(c)(3) Education

Marina del Rey, CA

Total Revenue
$2,327,319
Total Expenses
$2,178,147
Total Assets
$3,164,502
Net Assets
$2,967,826
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
DE
Principal Officer
Carlos Santini
Phone
4243229150
Tax Period
2024-01-01 to 2024-12-31

MIZZEN EDUCATION INC, founded in 2022, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $2.2M left a modest 6% surplus.

Mission

Mizzen partners with the out-of-school time field to design experiences that spark curiosity, cultivate joy, and inspire a love of learning among children and youth.

Program Service Accomplishments

Program 1
Expenses: $816,329 Revenue: $23,604

Educator Training + Development: A key element of Mizzen Education's mission has been its ability to equip youth development professionals to deliver high-quality learning experiences through a...

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Educator Training + Development: A key element of Mizzen Education's mission has been its ability to equip youth development professionals to deliver high-quality learning experiences through a series of professional development experiences (virtually and in-person). This has accelerated the organization's growth, engagement, and brand awareness. These efforts have been promoted via activations and digital marketing and communication campaigns. The program expands Mizzen's standing as an innovative education organization through initiatives such as Mizzen's Beyond the Booth campaign (designing and curating of learning spaces), Mizzen Meets (an ongoing zoom webinar series promoting youth development experts in the field), and industry keynoting and conference presentations, town halls and expert speaker panels. Mizzen's Professional Development added 5,677 new educators to our free platform in 2024 through workshops, conventions and conferences which resulted in a total of 22,500 educators nationwide benefiting from our content. This included significant growth in several states, with some seeing increases of over 1,000% compared to FY 2023. In total, 13 states experienced growth of 100% or more, while another 13 saw increases ranging from 33% to 90% over the course of the year. In 2023-2024, we partnered with the 50 State Afterschool Network to broaden the reach and impact of out-of-school time programs for youth. Together, we brought transformative experiences to educators in 27 states.

Program 2
Expenses: $523,873

Strategic Innovation & Partnerships: The program focuses on cultivating alliances to expand the organization's high-quality digital learning resources available on the Mizzen platform and enhancing...

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Strategic Innovation & Partnerships: The program focuses on cultivating alliances to expand the organization's high-quality digital learning resources available on the Mizzen platform and enhancing existing digital learning resources. It has expanded its STEM-focused content with an emphasis on SEL and durable skills. The program works in tandem with Mizzen's Engagement and Experiences program to design and deliver professional development resources for youth development professionals. In 2024, Mizzen Education expanded its learning resources library through two new partnerships and four existing partner organizations broadening our partnerships to 27 organizations. The partnership expansion grew the Mizzen library to over 1,800 innovative activities and Pro Tips with 120 new learning resources. The Strategic Innovation & Partnerships department is responsible for partnerships and strategic initiatives to cultivate learning resources and quality instructional practices. In addition to overseeing a comprehensive assessment system which includes the management of partnership lifecycles, the program is responsible for the enhancement of existing digital learning resources to maintain content quality and growth. Mizzen's virtual library and professional development supports impacted approximately 508,000 youth in 2024.

Program 3
Expenses: $413,648

Platform development: At the center of Mizzen Education's program offering is the Mizzen platform, which serves a diverse community of educators throughout the country. Our community of users...

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Platform development: At the center of Mizzen Education's program offering is the Mizzen platform, which serves a diverse community of educators throughout the country. Our community of users includes individual educator members as well as organizational accounts for administrators, staff and more-allowing organizations to collaborate and plan across multiple sites. The Mizzen Education platform/app runs on desktop computers, all tablets and mobile devices. The Organization hosts a rapidly growing library of 1,800+ individual activities for students of all ages and stages. The activities are searchable, and many are part of thematic collections. The Organization allows access to additional features including organizing their members into different groups, scheduling & sharing activities, sending messages within Mizzen, and more.

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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 $2,303,715
Program Service Revenue $23,604
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,327,319

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,277,818
Fundraising Expenses $178,597
Program Expenses $1,753,850
Other Expenses $846,805
TOTAL EXPENSES $2,178,147

Year-over-Year Comparison

2024 2023 Change
Revenue $2,327,319 $3,334,664 -0.3%
Expenses $2,178,147 $516,010 +3.2%
Net Income $149,172 $2,818,654 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
9
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
3
$291,445
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carlos Santini President & CEO 40.00
Officer
$254,710 $36,735 $291,445
Angelina Garner VP of Strategic Partnerships 40.00
$171,047 $8,451 $179,498
Alexander Jergensen Head of Product 40.00
$133,243 $40,499 $173,742
Kristin Stayer VP of Engagement + Educ Exp 40.00
$122,486 $24,645 $147,131
David Wong Treasurer 0.50
Officer Director
$0 $0 $0
Joseph Davis Secretary 0.50
Officer Director
$0 $0 $0
Ridgway White Director 0.15
Director
$0 $0 $0
Richard Reyes Director 0.50
Director
$0 $0 $0
Benita Melton Director 0.15
Director
$0 $0 $0
Omekia Snider Director 0.50
Director
$0 $0 $0
Jennifer Berry Director 0.25
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
2024 $2,327,319 $2,178,147 $3,164,502 $149,172
2023 $3,334,664 $516,010 $2,885,182 $2,818,654
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