CHIME Education Foundation (EIN 208402295) - 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

2007

Legal Domicile

Phone

7346650000

Tax Period

2023-10-01 to 2024-09-30

CHIME Education Foundation, founded in 2007, is a small nonprofit in the Health Care sector that reported $106K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $441K exceeded revenue, resulting in a 315% operating deficit.

Mission

SUPPORT THE EDUCATION OF HEALTHCARE INFORMATION TECHNOLOGY PROFESSIONALS BY GRANTING SCHOLARSHIPS TO SUCH PERSONS.

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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 $100,652

Program Service Revenue $0

Investment Income $5,574

Other Revenue $0

TOTAL REVENUE $106,226

Expense Breakdown

Grants Paid $93,171

Salaries & Benefits $293,525

Fundraising Expenses $0

Program Expenses $378,586

Other Expenses $54,000

TOTAL EXPENSES $440,696

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,226	$289,579	-0.6%
Expenses	$440,696	$428,099	+0.0%
Net Income	$-334,470	$-138,520	+1.4%

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

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

$1,648,656

Total Directors

$970,248

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Liz Johnson	Secretary	2.0	Officer Director	$0	$0	$0
Neal Ganguly	Chair	2.0	Officer Director	$0	$0	$0
Russ Branzell	President & CEO	2.0	Officer Director	$0	$94,461	$970,248
Sheree McFarland	Treasurer	2.0	Officer Director	$0	$0	$0
Sean Kelly	Trustee	2.0	Director	$0	$0	$0
Calli Dretke	EVP Chief Digital and Marketing Officer	10.0	Officer	$0	$22,771	$276,628
Edwin Czopek	EVP Chief Finance Officer	5.0	Officer	$0	$41,935	$401,780
Barbara Sivek	EVP, Chief Customer Officer	2.0	Highest	$0	$41,580	$364,727
Shawn Wilhoite	Director, Finance	2.0	Highest	$0	$0	$106,664
Susan Aldrich	Vice President, Events	10.0	Highest	$0	$3,667	$183,256

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	$106,226	$440,696	$1,143,940	$-334,470
2023	$289,579	$428,099	$993,682	$-138,520
2022	$518,216	$479,560	$924,987	$38,656
2021	$171,533	$331,709	$1,764,670	$-160,176
2020	$102,018	$274,235	$1,414,248	$-172,217

CHIME Education Foundation