Irish Educational Foundation Inc (EIN 043115638) - 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

1994

Legal Domicile

Principal Officer

John F Hegarty

Phone

6178612043

Tax Period

2024-01-01 to 2024-12-31

Irish Educational Foundation Inc, founded in 1994, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $48K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $16K, a strong 33% operating margin.

Mission

Fund raising for Irish Schools

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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 $5,559

Program Service Revenue $0

Investment Income $42,278

Other Revenue $0

TOTAL REVENUE $47,837

Expense Breakdown

Grants Paid $31,977

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,992

Other Expenses $15

TOTAL EXPENSES $31,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,837	$159,463	-0.7%
Expenses	$31,992	$108,838	-0.7%
Net Income	$15,845	$50,625	-0.7%

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

N/A

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
Fergal Brennock	President	1.00	Director	$0	$0	$0
Darina Gilley Chesterton	Clerk	1.00	Director	$0	$0	$0
John F Hegarty	Treasurer	2.00	Director	$0	$0	$0
Eamonn McGrath	Director	1.00	Director	$0	$0	$0
Sarah E Mceneaney	Director	1.00	Director	$0	$0	$0
John Kilbride	Director	1.00	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	$47,837	$31,992	$338,036	$15,845
2023	$159,463	$108,838	$325,280	$50,625
2022	$458,037	$530,750	$274,656	$-72,713
2022	$458,037	$530,750	$274,656	$-72,713
2021	$886,507	$923,827	$347,368	$-37,320
2020	$764,552	$630,590	$384,688	$133,962
2019	$750,110	$715,643	$250,726	$34,467
2019	$750,110	$715,643	$250,726	$34,467

Irish Educational Foundation Inc