LEAGUE OF EDUCATION VOTERS (EIN 912141508) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

ARIK KORMAN

Phone

2067286448

Tax Period

2022-01-01 to 2022-12-31

LEAGUE OF EDUCATION VOTERS, founded in 2001, is a small nonprofit in the Civil Rights & Advocacy sector that reported $223K in total revenue in fiscal year 2022. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $36K, a strong 16% operating margin.

Mission

LEAGUE OF EDUCATION VOTERS ACTS TO SERVE THE INTERESTS OF STUDENTS AND FAMILIES ACROSS THE STATE OF WASHINGTON TO IMPROVE EDUCATION ACCESS AND QUALITY, PARTICULARLY THOSE WHO HAVE BEEN HARMED BY HISTORICAL AND SYSTEMIC INEQUITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $222,635

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $222,635

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,310

Fundraising Expenses $5,945

Program Expenses $113,809

Other Expenses $85,265

TOTAL EXPENSES $186,575

Year-over-Year Comparison

	2022	2021	Change
Revenue	$222,635	$302,100	-0.3%
Expenses	$186,575	$379,181	-0.5%
Net Income	$36,060	$-77,081	-1.5%

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

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

$173,384

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURI HENNESSEY	CEO	4.00	Officer	$14,806	$8,870	$173,384
ARIK KORMAN	COMMUNICATIONS DIRECTOR	0.00	Highest	$1,019	$14,218	$116,078
TONY BYRD	CHAIR	1.00	Officer Director	$0	$0	$0
BEN MITCHELL	CHAIR	1.00	Officer Director	$0	$0	$0
LEANNE JONES-WILES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
BRAD KRUEGER	TREASURER	1.00	Officer Director	$0	$0	$0
MARIA ZONTINE	TREASURER	1.00	Officer Director	$0	$0	$0
YELIAS BENDER	BOARD MEMBER	1.00	Director	$0	$0	$0
AMY CAMPBELL	BOARD MEMBER	1.00	Director	$0	$0	$0
LANA HUIZAR	BOARD MEMBER	1.00	Director	$0	$0	$0
DIANA HUYNH	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA HALLOCK	BOARD MEMBER	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
2022	$222,635	$186,575	$125,532	$36,060
2021	$302,100	$379,181	$76,769	$-77,081
2020	$305,000	$294,001	$169,788	$10,999
2019	$345,095	$313,124	$131,988	$31,971
2018	$310,610	$308,765	$110,901	$1,845

LEAGUE OF EDUCATION VOTERS