VERO BEACH, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE INDIAN RIVER EDUCATION FUND, founded in 2024, is a small nonprofit in the Education sector that reported $912K in total revenue in fiscal year 2024. Revenue surged 273% from the prior year, signaling strong growth momentum. Expenses of $813K left a modest 11% surplus.
THE INDIAN RIVER EDUCATION FUND BRINGS TOGETHER CIVIC AND CORPORATE LEADERS TO SUPPORT INNOVATION, STRENGTHEN PUBLIC SCHOOLS, AND ALIGN COMMUNITY INVESTMENT WITH DISTRICT PRIORITIES.OUR VISION IS TO MAKE SDIRC THE BEST CHOICE FOR EDUCATION IN INDIAN RIVER COUNTY.THE INDIAN RIVER EDUCATION FUND WAS CREATED AT A MOMENT OF BOTH ACHIEVEMENT AND CHANGE FOR PUBLIC EDUCATION IN INDIAN RIVER COUNTY. AS THE DISTRICT HAS STRENGTHENED ITS PERFORMANCE, THE EDUCATIONAL LANDSCAPE HAS ALSO BECOME MORE COMPETITIVE, WITH FAMILIES HAVING MORE CHOICES THAN EVER BEFORE. THE FUND WAS ESTABLISHED TO HELP SUSTAIN DISTRICT MOMENTUM, SUPPORT INNOVATION, AND ALIGN PRIVATE-SECTOR INVESTMENT WITH DISTRICT PRIORITIES. TODAY, ITS STRATEGIC DIRECTION IS CENTERED ON TWO CORE FOCUS AREAS, LEADERSHIP AND INNOVATION, WITH THE GOAL OF ACCELERATING SCHOOL IMPROVEMENT AND IMPROVING STUDENT OUTCOMES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $911,969 | $244,472 | +2.7% |
| Expenses | $813,084 | $21,195 | +37.4% |
| Net Income | $98,885 | $223,277 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM PENNEY | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN CALCAGNO | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATT RUNDELS | VICE CHAIRMAN/TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM BLOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LAICA GERWEIN-MORETA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $911,969 | $813,084 | $322,162 | $98,885 |
| 2024 | $244,472 | $21,195 | $223,277 | $223,277 |
Compare THE INDIAN RIVER EDUCATION FUND with other nonprofits in Florida and across the country.