EVEREST FOUNDATION FOR FAMILY ENRICHMENT INC (EIN 161570620) - 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

2000

Legal Domicile

Principal Officer

DOUGLAS WAYNE

Phone

3152589083

Tax Period

2024-01-01 to 2024-12-31

EVEREST FOUNDATION FOR FAMILY ENRICHMENT INC, founded in 2000, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $355K, a strong 27% operating margin.

Mission

DEVELOP VIRTUE AND CHARACTER IN YOUTH.

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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 $871,000

Program Service Revenue $0

Investment Income $425,893

Other Revenue $0

TOTAL REVENUE $1,296,893

Expense Breakdown

Grants Paid $939,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $939,500

Other Expenses $2,125

TOTAL EXPENSES $941,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,296,893	$501,477	+1.6%
Expenses	$941,625	$416,122	+1.3%
Net Income	$355,268	$85,355	+3.2%

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
ERIN BURROUGHS	DIRECTOR	N/A	Director	$0	$0	$0
PAUL CARBONARO	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
DENNIS DONAHUE	DIRECTOR	N/A	Director	$0	$0	$0
DANIEL KANE	DIRECTOR	N/A	Director	$0	$0	$0
SHERRY PANAS	DIRECTOR	N/A	Director	$0	$0	$0
DOUGLAS WAYNE	PRESIDENT	N/A	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
2024	$1,296,893	$941,625	$7,656,139	$355,268
2023	$501,477	$416,122	$7,018,522	$85,355
2022	$429,978	$386,109	$6,376,164	$43,869
2021	$377,535	$289,803	$7,348,430	$87,732
2020	$355,329	$228,303	$6,724,746	$127,026
2019	$221,710	$172,814	$6,095,578	$48,896
2018	$235,370	$247,700	$5,198,510	$-12,330

EVEREST FOUNDATION FOR FAMILY ENRICHMENT INC