EDUCATION IS FREEDOM FOUNDATION (EIN 043643313) - 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

2002

Legal Domicile

Tax Period

2022-08-01 to 2023-07-31

EDUCATION IS FREEDOM FOUNDATION, founded in 2002, is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2022. Revenue surged 46% from the prior year, signaling strong growth momentum. Expenses of $4.4M left a modest 13% surplus.

Mission

EIF IS A NONPROFIT ORGANIZATION DEDICATED TO PROVIDING COMPREHENSIVE COLLEGE PLANNING SERVICES AND PRODUCING LIFE CHANGING RESULTS FOR STUDENTS AND FAMILIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $680,039

Program Service Revenue $4,361,102

Investment Income $1,130

Other Revenue $0

TOTAL REVENUE $5,042,271

Expense Breakdown

Grants Paid $58,765

Salaries & Benefits $3,243,576

Fundraising Expenses $276,885

Program Expenses $3,404,198

Other Expenses $1,069,733

TOTAL EXPENSES $4,372,074

Year-over-Year Comparison

	2022	2021	Change
Revenue	$5,042,271	$3,456,836	+0.5%
Expenses	$4,372,074	$3,274,583	+0.3%
Net Income	$670,197	$182,253	+2.7%

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

134

Volunteers

N/A

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

$437,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARCIA PAGE	PRESIDENT & CEO	40.00	Key Emp	$195,000	$0	$195,000
WALTER SMITH	CHIEF OPERATING OFFICER	40.00	Key Emp	$121,000	$0	$121,000
SHANNON PAGE	Key Employee	0.00	Key Emp	$121,000	$0	$121,000
MATTHEW RANDAZZON	DIRECTOR	1.00	Director	$0	$0	$0
ROYCE WEST	DIRECTOR	1.00	Director	$0	$0	$0
SANDI KARRMANN	DIRECTOR	1.00	Director	$0	$0	$0
TODD WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BEASLEY	DIRECTOR	1.00	Director	$0	$0	$0
JAMES KEYES	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BRANDT	DIRECTOR	1.00	Director	$0	$0	$0
DAVID BIEGLER	DIRECTOR	1.00	Director	$0	$0	$0
DREXELL OWUSU	DIRECTOR	1.00	Director	$0	$0	$0
MAVIS KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
AL BRU	DIRECTOR	1.00	Director	$0	$0	$0
MARK OKADA	CHAIRMAN	2.00	Officer Director	$0	$0	$0
RAFAEL ANCHIA	SECRETARY	1.00	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
2023	$5,042,271	$4,372,074	$2,785,762	$670,197
2022	$3,456,836	$3,274,583	$1,588,177	$182,253
2021	$3,564,034	$3,021,358	$1,800,770	$542,676
2020	$3,104,988	$3,223,957	$1,478,261	$-118,969
2020	$3,104,988	$3,011,205	$1,478,255	$93,783
2019	$3,051,886	$2,773,588	$1,206,072	$278,298
2018	$2,167,822	$2,655,365	$1,008,488	$-487,543

EDUCATION IS FREEDOM FOUNDATION