THE STEPHEN K TOMPSETT MEMORIAL FUND FOR TECHNOLOGY IN EDUCATION (EIN 116560834) - 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

2006

Legal Domicile

Principal Officer

DOROTHY GROH-TOMPSETT

Phone

5162988845

Tax Period

2022-01-01 to 2022-12-31

THE STEPHEN K TOMPSETT MEMORIAL FUND FOR TECHNOLOGY IN EDUCATION, founded in 2006, is a micro nonprofit that reported $9K in total revenue in fiscal year 2022. Expenses of $292K exceeded revenue, resulting in a 3294% operating deficit.

Mission

The mission of the Stephen K. Tompsett Memorial Fund for Technology in Education is to continue Stephen Tompsett's volunteer work to which he dedicated his expertise and experience and which exhibited his love of children and his desire to improve education by encouraging children and young adults to excel in science, math and technology fields.

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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 $21,028

Program Service Revenue $0

Investment Income $-12,418

Other Revenue $0

TOTAL REVENUE $8,610

Expense Breakdown

Grants Paid $239,350

Salaries & Benefits $15,672

Fundraising Expenses $0

Program Expenses $292,209

Other Expenses $37,187

TOTAL EXPENSES $292,209

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,610	N/A	N/A
Expenses	$292,209	N/A	N/A
Net Income	$-283,599	N/A	N/A

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

N/A

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

$10,080

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOROTHY GROH-TOMPSETT	President	20.00	Officer	$5,040	$0	$5,040
GERALYN GROH-SZUBA	Treasurer	20.00	Officer	$5,040	$0	$5,040
Karen Silver	Trustee	2.00	Director	$0	$0	$0
James Zeoli	Trustee	2.00	Director	$0	$0	$0
Carol Rossi-Fries	Trustee	2.00	Director	$0	$0	$0
Geoffrey N Tompsett	Trustee	2.00	Director	$0	$0	$0
Thomas Lilly	Trustee	2.00	Director	$0	$0	$0
Emily Tompsett	Trustee	2.00	Director	$0	$0	$0
Dr Eileen Kilbride	Trustee	2.00	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
2022	$8,610	$292,209	No data	$-283,599

THE STEPHEN K TOMPSETT MEMORIAL FUND FOR TECHNOLOGY IN EDUCATION