WASHINGTON CENTRAL FRIENDS OF EDUC… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

VIRGINIA BURLEY

Phone

8025955628

Tax Period

2024-07-01 to 2025-06-30

WASHINGTON CENTRAL FRIENDS OF EDUCATION INC, founded in 1992, is a small nonprofit in the Education sector that reported $267K in total revenue in fiscal year 2024. Expenses of $299K exceeded revenue, resulting in a 12% operating deficit.

Mission

OUR MISSION IS TO FOSTER COLLABORATION AND INNOVATION AMONG SCHOOLS AND COMMUNITIES TO SUPPORT YOUTH AND EXPAND THEIR OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $264,480

WCFE SUPPORTS COMMUNICATION AND COLLABORATION AMONG THE SCHOOLS AND COMMUNITIES OF WASHINGTON CENTRAL SCHOOL DISTRICT. IN ADDITION, WCFE SUPPORTS INITIATIVES FOR YOUTH EDUCATION AND HEALTH PREVENTION...

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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 $259,722

Program Service Revenue $0

Investment Income $7,044

Other Revenue $0

TOTAL REVENUE $266,766

Expense Breakdown

Grants Paid $163,927

Salaries & Benefits $103,163

Fundraising Expenses $0

Program Expenses $264,480

Other Expenses $31,850

TOTAL EXPENSES $298,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$266,766	$267,163	0.0%
Expenses	$298,940	$234,615	+0.3%
Net Income	$-32,174	$32,548	-2.0%

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

$32,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA ZIMMERMAN	EXECUTIVE DIRECTOR	22.00	Officer	$32,870	$0	$32,870
KRIS GRUEN	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH KINTER	BOARD MEMBER	1.00	Director	$0	$0	$0
VIRGINIA BURLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN LIEBERMANN	SECRETARYACTING VP	1.00	Officer Director	$0	$0	$0
DEBORAH WOLF	TREASURER	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	$266,766	$298,940	$202,235	$-32,174
2024	$267,163	$234,615	$231,857	$32,548
2023	$337,605	$252,069	$199,165	$85,536
2022	$343,846	$327,662	$114,354	$16,184
2021	$267,980	$234,491	$102,857	$33,489
2020	$240,867	$242,080	$107,893	$-1,213
2019	$232,443	$233,910	$66,613	$-1,467

WASHINGTON CENTRAL FRIENDS OF EDUCATION INC