EAST BRUNSWICK EDUCATION FOUNDATION C/O MATTHEWS & NULTY INC (EIN 223238568) - 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

1993

Legal Domicile

Principal Officer

RANDY GAGNON

Phone

7322543233

Tax Period

2024-07-01 to 2025-06-30

EAST BRUNSWICK EDUCATION FOUNDATION C/O MATTHEWS & NULTY INC, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $255K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $44K, a strong 17% operating margin.

Mission

TO ENHANCE AND ENRICH EDUCATIONAL PROGRAMS FOR STUDENTS THROUGHOUT THE EAST BRUNSWICK SCHOOL SYSTEM BY PROVIDING GRANTS TO THE EDUCATION STAFF.

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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 (2024)

Revenue Breakdown

Contributions & Grants $84,247

Program Service Revenue $0

Investment Income $38,147

Other Revenue $132,625

TOTAL REVENUE $255,019

Expense Breakdown

Grants Paid $189,135

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,135

Other Expenses $22,245

TOTAL EXPENSES $211,380

Year-over-Year Comparison

	2024	2023	Change
Revenue	$255,019	$182,922	+0.4%
Expenses	$211,380	$171,100	+0.2%
Net Income	$43,639	$11,822	+2.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGAN FISCHER	RECORDING SE	3.00	Officer	$0	$0	$0
RANDY GAGNON	PRESIDENT	5.00	Officer	$0	$0	$0
KARI GROVE	VICE PRESIDE	5.00	Officer	$0	$0	$0
PAUL SCHOEN	TREASURER	10.00	Officer	$0	$0	$0
ELLEN SHUR	CORRESPONDIN	1.00	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	$255,019	$211,380	$528,874	$43,639
2024	$182,922	$171,100	$481,903	$11,822
2023	$158,369	$157,592	$464,923	$777
2021	$206,001	$120,178	$526,205	$85,823
2020	$179,264	$251,561	$519,177	$-72,297
2019	$133,236	$165,829	$493,747	$-32,593
2018	$262,334	$201,393	$524,951	$60,941

EAST BRUNSWICK EDUCATION FOUNDATION C/O MATTHEWS & NULTY INC