CONSUMER FINANCIAL EDUCATION FOUNDATION OF AMERICA INC (EIN 203424094) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

RICHARD MAUK

Phone

2053212822

Tax Period

2023-01-01 to 2023-12-31

CONSUMER FINANCIAL EDUCATION FOUNDATION OF AMERICA INC, founded in 2005, is a small nonprofit in the Human Services sector that reported $488K in total revenue in fiscal year 2018.

Mission

TO PROVIDE FINANCIAL MANAGEMENT EDUCATION AND TRAINING, INCLUDING COUNSELING ON RESPONSIBLE USE OF CREDIT, AVAILABILITY OF CREDIT COUNSELING, AND ASSIST IN BUDGETARY ANALYSIS, TO FINANCIALLY TROUBLED INDIVIDUALS AND FAMILIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,000

Program Service Revenue $263,708

Investment Income $0

Other Revenue $0

TOTAL REVENUE $363,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,668

Fundraising Expenses $0

Program Expenses $208,942

Other Expenses $131,058

TOTAL EXPENSES $313,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$363,708	$256,885	+0.4%
Expenses	$313,726	$352,454	-0.1%
Net Income	$49,982	$-95,569	-1.5%

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

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

$70,179

Total Directors

$70,179

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT WHYRICK	MEMBER,VP,SE	40.00	Officer Director	$62,872	$0	$62,872
RICHARD MAUK	PRESIDENT	40.00	Officer Director	$7,307	$0	$7,307
JACKIE ANDERSON-SMITH	MEMBER	N/A	Director	$0	$0	$0
DAVID DONALDSON	MEMBER	N/A	Director	$0	$0	$0
LILA HACKETT	MEMBER	N/A	Director	$0	$0	$0
THE HONORABLE ARTHUR J HANES	MEMBER	N/A	Director	$0	$0	$0
DAVID HERRING	MEMBER	N/A	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	No data	No data	No data	No data
2023	$363,708	$313,726	$136,054	$49,982
2022	$256,885	$352,454	$25,717	$-95,569
2021	$391,699	$294,012	$77,557	$97,687
2020	$374,802	$461,057	$29,138	$-86,255
2019	$469,220	$475,511	$32,410	$-6,291
2018	$488,290	$500,036	$35,015	$-11,746

CONSUMER FINANCIAL EDUCATION FOUNDATION OF AMERICA INC