THE NEEDHAM EDUCATION FOUNDATION INC (EIN 043088148) - 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

1990

Legal Domicile

Principal Officer

STEPHANIE WALLACE

Phone

6173348015

Tax Period

2023-09-01 to 2024-08-31

THE NEEDHAM EDUCATION FOUNDATION INC, founded in 1990, is a small nonprofit in the Education sector that reported $134K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $290K exceeded revenue, resulting in a 116% operating deficit.

Mission

THE NEF IS A COMMUNITY BASED ORGANIZATION THAT RAISES FUNDS FOR THE ENRICHMENT OF NEEDHAM (MA) PUBLIC SCHOOL STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,594

Program Service Revenue $4,278

Investment Income $44,834

Other Revenue $14,470

TOTAL REVENUE $134,176

Expense Breakdown

Grants Paid $260,546

Salaries & Benefits $12,221

Fundraising Expenses $5,156

Program Expenses $281,200

Other Expenses $17,425

TOTAL EXPENSES $290,192

Year-over-Year Comparison

	2023	2022	Change
Revenue	$134,176	$169,520	-0.2%
Expenses	$290,192	$146,527	+1.0%
Net Income	$-156,016	$22,993	-7.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE WALLACE	TREASURER	1.00	Officer Director	$0	$0	$0
AMY CHAN	DIRECTOR	0.00	Director	$0	$0	$0
DAVID LINDE	DIRECTOR	0.00	Director	$0	$0	$0
AUBREY GOODMAN	DIRECTOR	0.00	Director	$0	$0	$0
MARGARET SHAPIRO	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINE DESROSIERS	DIRECTOR	0.00	Director	$0	$0	$0
JESSICA CLAYSON	DIRECTOR	0.00	Director	$0	$0	$0
KATHLEEN ALWART	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
SHEA DUCA	DIRECTOR	0.00	Director	$0	$0	$0
NICOLE HAGLER	DIRECTOR	0.00	Director	$0	$0	$0
JENNY ADU	DIRECTOR	0.00	Director	$0	$0	$0
DAN LEVINE	DIRECTOR	0.00	Director	$0	$0	$0
DAYNA DICICCO	DIRECTOR	0.00	Director	$0	$0	$0
KIM FORNESS	DIRECTOR	0.00	Director	$0	$0	$0
MEAGHAN MARTIN	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINA MATHEWS	DIRECTOR	0.00	Director	$0	$0	$0
KATIE MCGRATH	DIRECTOR	0.00	Director	$0	$0	$0
GABI OLIVEIRA	DIRECTOR	0.00	Director	$0	$0	$0
MEGAN MCQUIVEY	DIRECTOR	0.00	Director	$0	$0	$0
CHERI PUGATCH	DIRECTOR	0.00	Director	$0	$0	$0
MEG ROSENBAUM	DIRECTOR	0.00	Director	$0	$0	$0
PAIGE ROWSE	DIRECTOR	0.00	Director	$0	$0	$0
CINZIA SOLARI	DIRECTOR	0.00	Director	$0	$0	$0
MARISSA TRAEGER	CO-PRESIDENT	1.00	Officer Director	$0	$0	$0
MAUREEN TROWBRIDGE	DIRECTOR	0.00	Director	$0	$0	$0
MELISSA BAUCOM	DIRECTOR	0.00	Director	$0	$0	$0
ANDREA CUNNINGHAM	DIRECTOR	0.00	Director	$0	$0	$0
KRISTI DALY	DIRECTOR	0.00	Director	$0	$0	$0
EMILY DILL	DIRECTOR	0.00	Director	$0	$0	$0
MEREDITH FRIEND	DIRECTOR	0.00	Director	$0	$0	$0
JEN MURRAY	DIRECTOR	0.00	Director	$0	$0	$0
MEGAN MURPHY	DIRECTOR	0.00	Director	$0	$0	$0
KYUNG PARK	DIRECTOR	0.00	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	$134,176	$290,192	$1,571,940	$-156,016
2023	$169,520	$146,527	$1,534,281	$22,993
2022	$156,587	$94,046	$1,500,901	$62,541
2021	$313,155	$448,310	$1,774,391	$-135,155
2020	$164,817	$127,130	$1,839,312	$37,687
2019	$200,860	$127,726	$1,647,821	$73,134
2018	$194,544	$121,505	$1,647,287	$73,039

THE NEEDHAM EDUCATION FOUNDATION INC