LEAGUE FOR INNOVATION IN THE (EIN 952577300) - 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

1969

Legal Domicile

Principal Officer

RUFUS GLASPER

Phone

4807058200

Tax Period

2024-07-01 to 2025-06-30

LEAGUE FOR INNOVATION IN THE, founded in 1969, is a community nonprofit in the Education sector that reported $1.9M in total revenue in fiscal year 2024. Expenses of $2.1M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO ENCOURAGE AND EVALUATE INNOVATION AND EXPERIMENTATION DESIGNED TO IMPROVE ALL ASPECTS OF COMMUNITY COLLEGE OPERATION, THROUGH THE ASSOCIATION OF A GROUP OF COMMUNITY COLLEGES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $876,718

Program Service Revenue $1,029,235

Investment Income $13,760

Other Revenue $5,031

TOTAL REVENUE $1,924,744

Expense Breakdown

Grants Paid $0

Salaries & Benefits $877,936

Fundraising Expenses $144,689

Program Expenses $1,287,287

Other Expenses $1,267,248

TOTAL EXPENSES $2,145,184

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,924,744	$1,931,161	0.0%
Expenses	$2,145,184	$2,714,416	-0.2%
Net Income	$-220,440	$-783,255	-0.7%

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

$496,868

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUFUS GLASPER	PRESIDENT &	40.00	Officer	$308,728	$10,279	$319,007
CYNTHIA WILSON	VICE PRESIDE	40.00	Officer	$154,457	$23,404	$177,861
MICHAEL BASTON	DIRECTOR	1.31	Director	$0	$0	$0
PAUL BROADIE	DIRECTOR	1.46	Director	$0	$0	$0
DEANNA BURT-NANNA	DIRECTOR	1.31	Director	$0	$0	$0
ROSIE RIMANDO CHAREUNSAP	DIRECTOR	1.15	Director	$0	$0	$0
KRISTIE FISHER	DIRECTOR	1.15	Director	$0	$0	$0
MIKE GAVIN	DIRECTOR	1.31	Director	$0	$0	$0
STEVEN GONZALES	DIRECTOR	1.31	Director	$0	$0	$0
PAMELA HANEY	DIRECTOR	1.31	Director	$0	$0	$0
RUSSELL LOWERY HART	DIRECTOR	1.31	Director	$0	$0	$0
STEVEN LEE JOHNSON	DIRECTOR	1.31	Director	$0	$0	$0
JUDY KORB	DIRECTOR	1.15	Director	$0	$0	$0
LEE LAMBERT	DIRECTOR	1.31	Director	$0	$0	$0
DAWN LINDSAY	DIRECTOR	1.31	Director	$0	$0	$0
JUSTIN LONON	DIRECTOR	1.31	Director	$0	$0	$0
DAN PHELAN	DIRECTOR	1.31	Director	$0	$0	$0
JEFF PITMANN	DIRECTOR	1.15	Director	$0	$0	$0
DAVID ROSS	DIRECTOR	2.04	Director	$0	$0	$0
ANNE MARIE VAUGHN	DIRECTOR	1.46	Director	$0	$0	$0
RANDY WEBER	DIRECTOR	1.15	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	$1,924,744	$2,145,184	$1,292,463	$-220,440
2024	No data	No data	No data	No data
2023	$2,423,750	$2,567,566	$2,283,788	$-143,816
2023	$2,728,749	$2,529,209	$1,783,788	$199,540
2022	$3,555,216	$3,105,871	$928,009	$449,345
2021	$2,344,893	$1,991,560	$743,434	$353,333
2019	$2,738,518	$3,231,976	$1,371,264	$-493,458
2018	$2,614,476	$4,096,745	$1,172,802	$-1,482,269

LEAGUE FOR INNOVATION IN THE