THE TOTOWA EDUCATION FOUNDATION INC (EIN 223136650) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

EILEEN CORRADO

Phone

9739560010

Tax Period

2024-07-01 to 2025-06-30

THE TOTOWA EDUCATION FOUNDATION INC, founded in 1990, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $365K in total revenue in fiscal year 2024. The organization ran a surplus of $120K, a strong 33% operating margin.

Mission

EDUCATION AND ENRICHMENT PROGRAMS AND ASSISTANCE FOR THE ENTIRE COMMUNITY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $337,038

Investment Income $155

Other Revenue $27,536

TOTAL REVENUE $364,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,814

Fundraising Expenses $0

Program Expenses $224,291

Other Expenses $93,496

TOTAL EXPENSES $244,310

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,729	$354,640	+0.0%
Expenses	$244,310	$426,282	-0.4%
Net Income	$120,419	$-71,642	-2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY D'ANGELO	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
EILEEN CORRADO	PRESIDENT	5.00	Officer Director	$0	$0	$0
JACQUELYN CORAL	SECRETARY	5.00	Officer Director	$0	$0	$0
JANE D'ALOIA	TREASURER	5.00	Officer Director	$0	$0	$0
JAMES EISELE	TRUSTEE	2.00	Director	$0	$0	$0
VINCENT VARCADIPANE	CORPORATE AGENT/BOOKKEEPER	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
2025	$364,729	$244,310	$346,558	$120,419
2024	$354,640	$426,282	$414,428	$-71,642
2023	$325,644	$207,040	$285,213	$118,604
2022	$276,953	$236,852	$174,377	$40,101
2021	$163,570	$196,155	$129,832	$-32,585
2020	$232,650	$303,947	$156,612	$-71,297
2019	$317,984	$215,932	$232,058	$102,052
2018	$305,639	$330,294	$129,738	$-24,655

THE TOTOWA EDUCATION FOUNDATION INC