GREATER ALBANY EDUCATION ASSN (EIN 931024022) - Form 990 Financial Analysis & Trantor Score

🔒

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

1987

Legal Domicile

Principal Officer

Heidi Wetherell

Tax Period

2024-10-01 to 2025-09-30

GREATER ALBANY EDUCATION ASSN, founded in 1987, is a small nonprofit that reported $223K in total revenue in fiscal year 2024. Expenses of $203K left a modest 9% surplus.

Mission

Greater Albany Education Association is a labor union for certified educators.

🔒

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 $223,459

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $223,459

Expense Breakdown

Grants Paid $0

Salaries & Benefits $119,743

Fundraising Expenses $0

Program Expenses $45,421

Other Expenses $75,854

TOTAL EXPENSES $202,597

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,459	N/A	N/A
Expenses	$202,597	N/A	N/A
Net Income	$20,862	$0	N/A

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

$14,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dana Lovejoy	President	40	Officer	$3,000	$3,000	$6,000
Max Nazarian	Vice President	20	Officer	$2,000	$2,000	$4,000
Heidi Wetherell	Treasurer	10	Officer	$1,000	$1,000	$2,000
Amanda Miles	Secretary	10	Officer	$1,000	$1,000	$2,000

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	$223,459	$202,597	$286,099	$20,862

GREATER ALBANY EDUCATION ASSN