GUILFORD FUND FOR EDUCATION INC

EIN: 208879908 501(c)(3) Philanthropy & Grantmaking

GUILFORD, CT

Total Revenue
$43,604
Total Expenses
$64,340
Total Assets
$569,515
Net Assets
$569,515
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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
CT
Principal Officer
Veena Kapadia
Tax Period
2020-07-01 to 2021-06-30

GUILFORD FUND FOR EDUCATION INC, founded in 2007, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $44K in total revenue in fiscal year 2020. Expenses of $64K exceeded revenue, resulting in a 48% operating deficit.

Mission

Provide funds to finance educational opportunities outside the regular scope of the operation budget of the applying agency

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $34,110
Program Service Revenue $0
Investment Income $9,585
Other Revenue $-91
TOTAL REVENUE $43,604

Expense Breakdown

Grants Paid $48,882
Salaries & Benefits $0
Fundraising Expenses $91
Program Expenses $48,882
Other Expenses $15,458
TOTAL EXPENSES $64,340

Year-over-Year Comparison

2020 2019 Change
Revenue $43,604 N/A N/A
Expenses $64,340 N/A N/A
Net Income $-20,736 $0 N/A
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
31

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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Veena Kapadia Co-Chair 5.00
Officer Director
$0 $0 $0
NiCole Schlagheck Co-Chair 3.50
Officer Director
$0 $0 $0
Andrew Corpuel Treasurer 5.00
Officer Director
$0 $0 $0
Tyson Stoddard Secretary 3.00
Officer Director
$0 $0 $0
Dennis Culliton Director 0.30
Director
$0 $0 $0
Julie Fitzpatrick Director 0.90
Director
$0 $0 $0
Joseph Polizzi Director 0.20
Director
$0 $0 $0
Liz Sellinger Director 0.90
Director
$0 $0 $0
Jennifer Labadia-Conlon Director 0.10
Director
$0 $0 $0
Liz Stein Director 0.10
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
2021 $43,604 $64,340 $569,515 $-20,736
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