NEW LONDON EDUCATION FOUNDATION

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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

2008

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NEW LONDON EDUCATION FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $124K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 32% operating margin.

Program Service Accomplishments

Program 1

Expenses: $47,116

THE NEW LONDON EDUCATION FOUNDATION PROVIDES SCHOLARSHIPS AND AWARDS TO GRADUATING NEW LONDON HIGH SCHOOL SENIORS TO ASSIST THEM IN DEFRAYING THE EDUCATIONAL COSTS ASSOCIATED WITH THEIR POST...

THE NEW LONDON EDUCATION FOUNDATION PROVIDES SCHOLARSHIPS AND AWARDS TO GRADUATING NEW LONDON HIGH SCHOOL SENIORS TO ASSIST THEM IN DEFRAYING THE EDUCATIONAL COSTS ASSOCIATED WITH THEIR POST SECONDARY EDUCATION.

Program 2

Expenses: $18,992

THE NEW LONDON EDUCATION FOUNDATION SUPPORTS THE NEW LONDON PUBLIC SCHOOLS IN A MYRIAD OF WAYS BY PROVIDING GRANTS TO ENHANCE ITS SERVICES TO STUDENTS AND STAFF. ASSISTING WITH THE PURCHASE OF SCHOOL DEVELOPMENT ARE EXAMPLES OF THE TYPES OF ENHANCED SERVICES THE NEW LONDON EDUCATION FOUNDATION PROVIDES THROUGH ITS GRANTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $89,861

Program Service Revenue $0

Investment Income $34,023

Other Revenue $0

TOTAL REVENUE $123,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $14,792

Program Expenses $66,108

Other Expenses $83,868

TOTAL EXPENSES $83,868

Year-over-Year Comparison

	2023	2022	Change
Revenue	$123,884	$62,955	+1.0%
Expenses	$83,868	$38,776	+1.2%
Net Income	$40,016	$24,179	+0.7%

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

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
ESTELLE HARRISON	DIRECTOR	0.00	Director	$0	$0	$0
COLLEEN CAFFREY	DIRECTOR	0.00	Director	$0	$0	$0
MADHU GUPTA	DIRECTOR	0.00	Director	$0	$0	$0
CYNTHIA RITCHIE	DIRECTOR	0.00	Director	$0	$0	$0
LOUIS E ALLEN JR	DIRECTOR	0.00	Director	$0	$0	$0
CHARLIE DUFFY	DIRECTOR	0.00	Director	$0	$0	$0
VALERIE TAMANO	PRESIDENT	10.00	Officer	$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	$123,884	$83,868	$667,223	$40,016
2022	$62,955	$38,776	$621,162	$24,179
2021	$78,083	$34,493	$661,388	$43,590
2020	$125,381	$147,766	$611,886	$-22,385
2019	$278,424	$206,527	$608,355	$71,897
2018	$254,471	$181,693	$500,019	$72,778