ROTARY CLUB EDUCATION FUND OF FRAM… - Form 990 Financial Data

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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

1939

Legal Domicile

Principal Officer

ROBERT WORTH

Phone

5088759777

Tax Period

2024-07-01 to 2025-06-30

ROTARY CLUB EDUCATION FUND OF FRAMINGHAM C/O ROBERT WORTH, founded in 1939, is a micro nonprofit in the Education sector that reported $51K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE COLLEGE SCHOLARSHIPS FOR HIGH SCHOOL SENIORS IN TOWNS SERVED BY THE FRAMINGHAM ROTARY CLUB.

Program Service Accomplishments

Program 1

Expenses: $54,000

DURING FISCAL YEAR ENDED JUNE 30, 2025, TWELVE SCHOLARSHIPS WERE AWARDED TO QUALIFIED STUDENTS FOR FRESHMAN YEAR COLLEGE TUITION.

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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 $650

Program Service Revenue $0

Investment Income $50,411

Other Revenue $0

TOTAL REVENUE $51,061

Expense Breakdown

Grants Paid $54,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,000

Other Expenses $7,890

TOTAL EXPENSES $61,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,061	$94,324	-0.5%
Expenses	$61,890	$63,524	0.0%
Net Income	$-10,829	$30,800	-1.4%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERI BANERJEE	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID WHITTEMORE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT WORTH	TREASURER	1.00	Officer Director	$0	$0	$0
PHIL REIMANN	SECRETARY/CLERK	1.00	Officer Director	$0	$0	$0
NANCY MEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
JACK COLAMARIA	DIRECTOR	1.00	Director	$0	$0	$0
SUSHIL BHATIA	DIRECTOR	1.00	Director	$0	$0	$0
VANCE WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
NELSON ZIDE	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
ED COUNCIL	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
2025	$51,061	$61,890	$1,222,519	$-10,829
2024	$94,324	$63,524	$1,235,058	$30,800
2023	$39,088	$68,393	$1,134,160	$-29,305
2022	$40,251	$48,785	$1,099,426	$-8,534
2021	$137,917	$4,363	$1,245,875	$133,554
2020	$110,028	$46,316	$920,165	$63,712
2019	$102,635	$36,166	$1,026,701	$66,469
2018	$42,883	$52,490	$1,042,883	$-9,607

ROTARY CLUB EDUCATION FUND OF FRAMINGHAM C/O ROBERT WORTH