BENJAMIN FRANKLIN EDUCATIONAL FOUNDATION INC (EIN 043235190) - 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

1994

Legal Domicile

Principal Officer

EDWARD BASILE

Phone

5085413434

Tax Period

2022-07-01 to 2023-06-30

BENJAMIN FRANKLIN EDUCATIONAL FOUNDATION INC, founded in 1994, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2022. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $2.3M exceeded revenue, resulting in a 48% operating deficit.

Mission

FOUNDATION WAS FORMED TO PROVIDE SUPPORT FOR THE MISSION OF THE SCHOOL THROUGH UNDERTAKING A CAPITAL CAMPAIGN TO SECURE LAND AND A BUILDING FOR A PERMANENT FACILITY AND THROUGH CAPITAL INVESTMENTS IN THE SCHOOL'S LIBRARY AND OTHER ACADEMIC ENRICHMENT PROGRAMS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $135

Program Service Revenue $915,283

Investment Income $619,064

Other Revenue $0

TOTAL REVENUE $1,534,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $801,467

Other Expenses $2,267,443

TOTAL EXPENSES $2,267,443

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,534,482	$2,219,657	-0.3%
Expenses	$2,267,443	$2,290,668	0.0%
Net Income	$-732,961	$-71,011	+9.3%

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

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
EDWARD BASILE	PRESIDENT AND SECRETARY	1.75	Officer Director	$0	$0	$0
JASON FINE	BOARD MEMBER	1.75	Director	$0	$0	$0
HEATHER ZOLNOWSKI	BOARD MEMBER	1.75	Director	$0	$0	$0
JOE PERNA	BOARD MEMBER	1.75	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
2023	$1,534,482	$2,267,443	$1,610	$-732,961
2022	$2,219,657	$2,290,668	$60,532,604	$-71,011
2021	$2,234,692	$2,240,348	$62,114,339	$-5,656
2020	$2,301,826	$2,302,278	$62,821,625	$-452
2019	$272,672	$20,737	$32,741,764	$251,935

BENJAMIN FRANKLIN EDUCATIONAL FOUNDATION INC