THE FOLD INC (EIN 030221341) - 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

1967

Legal Domicile

Phone

8022744732

Tax Period

2024-07-01 to 2025-06-30

THE FOLD INC, founded in 1967, is a small nonprofit in the Human Services sector that reported $316K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $101K, a strong 32% operating margin.

Mission

ELEVATION CHRISTIAN ACADEMY PROVIDES A NUTURING DAY SCHOOL ENVIRONMENT FOR AT-RISK YOUTH BETWEEN THE AGES OF 11 AND 17.

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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 $268,950

Program Service Revenue $0

Investment Income $47,231

Other Revenue $0

TOTAL REVENUE $316,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $157,279

Fundraising Expenses $10,256

Program Expenses $195,861

Other Expenses $57,908

TOTAL EXPENSES $215,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$316,181	$333,531	-0.1%
Expenses	$215,187	$222,075	0.0%
Net Income	$100,994	$111,456	-0.1%

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

Total Directors

$74,011

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT RANCOURT	EXECUTIVE DIRECTOR	40.00	Director	$74,011	$0	$74,011
PAUL SOMERVILLE	MEMBER	2.00	Director	$0	$0	$0
BILL BEAULAC	BOARD CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROD AMES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JON KUNIHOLM	TREASURER	2.00	Officer Director	$0	$0	$0
BILL SIMMONS	SECRETARY	2.00	Officer 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	$316,181	$215,187	$998,694	$100,994
2024	$333,531	$222,075	$906,653	$111,456
2023	$612,434	$245,096	$807,417	$367,338
2022	$215,960	$279,423	$439,964	$-63,463
2021	$792,645	$280,959	$503,628	$511,686
2020	$460,503	$520,014	$385,962	$-59,511
2019	$916,377	$1,046,744	$408,469	$-130,367
2018	$1,001,632	$1,001,631	$505,562	$1

THE FOLD INC