SPRINGFIELD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (EIN 222612044) - 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

1981

Legal Domicile

Principal Officer

JENNIFER BROWN

Phone

4137554473

Tax Period

2022-07-01 to 2023-06-30

SPRINGFIELD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC, founded in 1981, is a small nonprofit in the Education sector that reported $680K in total revenue in fiscal year 2022. Revenue surged 7966% from the prior year, signaling strong growth momentum. The organization ran a surplus of $324K, a strong 48% operating margin.

Mission

HELP COLLEGE MEET ITS GOALS AND COMMITMENT TO PROVIDE SUPERIOR EDUCATION OPPORTUNITIES IN THE COMMUNITY. THE FOUNDATION ACCOMPLISHES ITS MISSION THROUGH FUNDRAISING, PROMOTING THE COLLEGE AS A COMMUNITY RESOURCE, AND BY SECURING AND MANAGING PRIVATE RESOURCES, PLANNED GIFTS AND DONATIONS TO SUPPORT SPECIAL PROJECTS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $276,812

Program Service Revenue $0

Investment Income $332,325

Other Revenue $70,486

TOTAL REVENUE $679,623

Expense Breakdown

Grants Paid $158,858

Salaries & Benefits $0

Fundraising Expenses $99,766

Program Expenses $158,858

Other Expenses $196,903

TOTAL EXPENSES $355,761

Year-over-Year Comparison

	2022	2021	Change
Revenue	$679,623	$8,426	+79.7%
Expenses	$355,761	$506,674	-0.3%
Net Income	$323,862	$-498,248	-1.7%

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

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

$299,498

Total Directors

$299,498

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER BROWN	PRESIDENT	5.00	Officer Director	$0	$0	$0
JACQUELINE JOHNSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PHIL B GONCALVES	TREASURER	1.00	Officer Director	$0	$0	$0
DR JOHN B COOK	SECRETARY/COLLEGE PRESIDENT	6.00	Officer Director	$0	$61,001	$299,498
QUNNELL ARNOLD	DIRECTOR	1.00	Director	$0	$0	$0
TONIA BUTLER PEREZ	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE J CASSIDY	DIRECTOR	1.00	Director	$0	$0	$0
CARLOS COLONDRES	DIRECTOR	1.00	Director	$0	$0	$0
JOELLE CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER DEFORGE	DIRECTOR	1.00	Director	$0	$0	$0
SHAUN M DWYER	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN W FREYMAN	DIRECTOR	1.00	Director	$0	$0	$0
DAMION HARPER	DIRECTOR	1.00	Director	$0	$0	$0
DR KEVIN T HINCHEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN MCCLENDON	DIRECTOR	1.00	Director	$0	$0	$0
DONALD MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
D SCOTT PASQUALE	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE OLLSON	DIRECTOR	1.00	Director	$0	$0	$0
FRANKLIN D QUIGLEY JR	DIRECTOR	1.00	Director	$0	$0	$0
DAVID A PARKE	DIRECTOR	1.00	Director	$0	$0	$0
ANTHONY RONDINELLI	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH RYAN	DIRECTOR	1.00	Director	$0	$0	$0
FELICIA SEYMOUR	DIRECTOR	1.00	Director	$0	$0	$0
SARA N SMITH	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN P TUOHEY	DIRECTOR	1.00	Director	$0	$0	$0
KARA WOOLRIDGE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW ZICK	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$679,623	$355,761	$6,033,514	$323,862
2022	$8,426	$506,674	$5,552,891	$-498,248
2021	$916,218	$647,073	$6,328,264	$269,145
2020	$368,897	$903,724	$5,606,305	$-534,827
2019	$441,145	$1,365,384	$6,161,194	$-924,239

SPRINGFIELD TECHNICAL COMMUNITY COLLEGE FOUNDATION INC