THE FOUNDATION FOR TOMORROW INC

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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

MILLER BIANUCCI

Phone

7043408969

Tax Period

2023-01-01 to 2023-12-31

THE FOUNDATION FOR TOMORROW INC, founded in 2006, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023.

Mission

THE FOUNDATION FOR TOMORROWS MISSION IS TO SECURE QUALITY EDUCATION AND EMOTIONAL SUPPORT FOR ORPHAN AND VULNERABLE CHILDREN SO THAT THEY MAY REACH THEIR FULL POTENTIAL AND THRIVE IN THEIR COMMUNITIES.

Program Service Accomplishments

Program 1

Expenses: $1,142,404

SCHOLARSHIP PROGRAM TFFT'S SCHOLARSHIP PROGRAM SET OUT TO HARNESS A HOPEFUL TRAJECTORY FOR TANZANIA'S YOUNGEST. IN 2024, WE HAVE SUPPORTED 98 CHILDREN WITH EDUCATIONAL SCHOLARSHIPS. TO DATE WE...

SCHOLARSHIP PROGRAM TFFT'S SCHOLARSHIP PROGRAM SET OUT TO HARNESS A HOPEFUL TRAJECTORY FOR TANZANIA'S YOUNGEST. IN 2024, WE HAVE SUPPORTED 98 CHILDREN WITH EDUCATIONAL SCHOLARSHIPS. TO DATE WE DIRECTLY TRAINED OVER 4,500 TEACHERS, IMPACTING APPROXIMATELY 270,000 STUDENTS IN CLASSROOMS ACROSS TANZANIA. TFFT WITNESSES SCHOLARS FLOURISHING ACADEMICALLY, MENTALLY, AND SOCIALLY. IN OUR VIEW, SUCCESS ISN'T ONE SET OUTCOME, BUT RATHER THE GROWTH OF A SCHOLAR INTO AN EDUCATIONALLY WELL-EQUIPPED, PHYSICALLY AND MENTALLY HEALTHY, AND PRODUCTIVE MEMBER OF SOCIETY. (CONTINUED ON SCHEDULE O)

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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 $1,206,720

Program Service Revenue $0

Investment Income $39

Other Revenue $49,588

TOTAL REVENUE $1,256,347

Expense Breakdown

Grants Paid $956,754

Salaries & Benefits $184,540

Fundraising Expenses $52,623

Program Expenses $1,142,404

Other Expenses $142,013

TOTAL EXPENSES $1,283,307

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,256,347	$1,185,688	+0.1%
Expenses	$1,283,307	$1,510,144	-0.2%
Net Income	$-26,960	$-324,456	-0.9%

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

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

$92,042

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FALCONER ROBBINS WARREN	CHAIR	2.00	Officer Director	$0	$0	$0
TIM WALTER	TREASURER	2.00	Officer Director	$0	$0	$0
BETH WATSON	SECRETARY	2.00	Officer Director	$0	$0	$0
LAUREN BOLSHAKOV	BOARD MEMBER	1.00	Director	$0	$0	$0
DENISE MCFADDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
KELLY MCCRYSTAL TERM ENDED	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGHANN GUNDERMAN SEHORN	BOARD MEMBER	1.00	Director	$0	$0	$0
INYANG EBONG-HARSTRUP PHD-FORMER	EXECUTIVE DI	40.00	Officer	$12,500	$0	$12,500
MILLER BIANUCCI	EXECUTIVE DI	40.00	Officer	$79,542	$0	$79,542

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	$1,256,347	$1,283,307	$158,521	$-26,960
2022	$1,185,688	$1,510,144	$189,632	$-324,456
2021	$986,786	$828,887	$414,246	$157,899
2020	$737,222	$836,065	$335,447	$-98,843
2019	$1,020,499	$701,074	$416,430	$319,425
2018	$610,159	$580,430	$66,238	$29,729