INSTITUTE FOR EDUCATIONAL ADVANCEMENT (EIN 954695698) - 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

1998

Legal Domicile

Principal Officer

DEBORAH MONROE

Phone

6264038900

Tax Period

2024-01-01 to 2024-12-31

INSTITUTE FOR EDUCATIONAL ADVANCEMENT, founded in 1998, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $3.1M exceeded revenue, resulting in a 12% operating deficit.

Mission

DEDICATED TO SUPPORTING YOUNG INDIVIDUALS IN PURSUING THEIR FULL ACADEMIC AND PERSONAL POTENTIAL.

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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 $745,678

Program Service Revenue $1,932,756

Investment Income $137,188

Other Revenue $5,770

TOTAL REVENUE $2,821,392

Expense Breakdown

Grants Paid $156,126

Salaries & Benefits $1,703,755

Fundraising Expenses $179,960

Program Expenses $2,558,359

Other Expenses $1,289,904

TOTAL EXPENSES $3,149,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,821,392	$2,068,462	+0.4%
Expenses	$3,149,785	$2,454,872	+0.3%
Net Income	$-328,393	$-386,410	-0.2%

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

$535,150

Total Directors

$517,063

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH D JONES	PRESIDENT EMERITUS, SENIOR ADVISOR	40.00	Officer Director	$296,817	$30,574	$327,391
DEBORAH K MONROE START 924	PRESIDENT	40.00	Officer Director	$98,902	$66	$98,968
CHERYL BRIER START 524	ASSISTANT SECRETARY	40.00	Officer Director	$73,960	$16,744	$90,704
ZADRA IBANEZ END524	TREASURER	40.00	Officer	$17,560	$527	$18,087
BYRON LICHTENSTEIN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
CHARLES SHANNON START 524	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL W GREBE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHRIS NEWMAN	FINANCE COMMITTEE HEAD	1.00	Director	$0	$0	$0
SOPHIA B BARRON	DIRECTOR	1.00	Director	$0	$0	$0
HAP DENEEN	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
DAN PRIEST	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BOB REPPA	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN SHINTAKU	DIRECTOR	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
2024	$2,821,392	$3,149,785	$8,709,605	$-328,393
2023	$2,068,462	$2,454,872	$8,757,459	$-386,410
2022	$2,037,361	$2,193,305	$8,881,278	$-155,944
2021	$2,119,866	$1,909,690	$9,590,295	$210,176
2020	$2,286,168	$1,667,570	$9,213,873	$618,598
2019	$1,809,462	$2,006,494	$8,237,607	$-197,032
2018	$2,001,899	$2,143,446	$8,454,934	$-141,547

INSTITUTE FOR EDUCATIONAL ADVANCEMENT