College Options Foundation Inc (EIN 030566869) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

Terry Wilfong

Phone

8885768287

Tax Period

2024-01-01 to 2024-12-31

College Options Foundation Inc, founded in 2005, is a small nonprofit in the Education sector that reported $649K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $99K, a strong 15% operating margin.

Mission

To establish, organize, promote, aid and engage in activities exclusively to educate, mentor, and assist par- ents and pre-college students in preparing them for post HS education

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $12,500

Program Service Revenue $636,044

Investment Income $371

Other Revenue $0

TOTAL REVENUE $648,915

Expense Breakdown

Grants Paid $55

Salaries & Benefits $507,241

Fundraising Expenses $75,141

Program Expenses $380,011

Other Expenses $43,070

TOTAL EXPENSES $550,366

Year-over-Year Comparison

	2024	2023	Change
Revenue	$648,915	$763,000	-0.1%
Expenses	$550,366	$588,148	-0.1%
Net Income	$98,549	$174,852	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$126,063

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Terry Wilfong	President	40.0	Officer	$122,464	$3,599	$126,063
Major General Wallace C Arnold	Chairman	1.0	Director	$0	$0	$0
Dr Arlene Cash	Director	1.0	Director	$0	$0	$0
Mack Palmour	Director	1.0	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	$648,915	$550,366	$324,774	$98,549
2023	$763,000	$588,148	$307,613	$174,852
2022	$695,179	$821,693	$283,708	$-126,514
2021	$942,123	$770,061	$237,202	$172,062
2020	$445,105	$531,784	$211,770	$-86,679
2019	$1,204,384	$459,888	$60,704	$744,496
2018	$496,281	$423,743	$80,766	$72,538

College Options Foundation Inc