MILLBURN EDUCATION FOUNDATION INC (EIN 223242516) - 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

SARAH SHULMAN

Phone

9732980775

Tax Period

2024-08-01 to 2025-07-31

MILLBURN EDUCATION FOUNDATION INC, founded in 1993, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $234K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 24% operating margin.

Mission

TO ENHANCE EDUCATIONAL EXCELLENCE IN MILLBURN PUBLIC SCHOOLS.

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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 $234,260

Program Service Revenue $0

Investment Income $3,891

Other Revenue $-4,631

TOTAL REVENUE $233,520

Expense Breakdown

Grants Paid $153,408

Salaries & Benefits $0

Fundraising Expenses $12,046

Program Expenses $153,408

Other Expenses $25,121

TOTAL EXPENSES $178,529

Year-over-Year Comparison

	2024	2023	Change
Revenue	$233,520	$179,887	+0.3%
Expenses	$178,529	$219,564	-0.2%
Net Income	$54,991	$-39,677	-2.4%

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

N/A

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
DEEPA KRISHNAN	CO-CHAIR	5.00	Officer Director	$0	$0	$0
JOE SMITH	CO-CHAIR	5.00	Officer Director	$0	$0	$0
MARIANNA DAVILA	SECRETARY	2.00	Officer Director	$0	$0	$0
SARAH SHULMAN	TREASURER	2.00	Officer Director	$0	$0	$0
JEFF CASSIN	TRUSTEE	2.00	Director	$0	$0	$0
MICOLE COHEN RICHTER	TRUSTEE	2.00	Director	$0	$0	$0
LAURA EGE	TRUSTEE	2.00	Director	$0	$0	$0
JACK MERIMEE	TRUSTEE	2.00	Director	$0	$0	$0
ROMINA PADHI	TRUSTEE	2.00	Director	$0	$0	$0
JOANNA PARKER-LENTZ	TRUSTEE	2.00	Director	$0	$0	$0
ANYA PARKER-LENTZ	TRUSTEE	2.00	Director	$0	$0	$0
DANIEL SAIDEL	TRUSTEE	2.00	Director	$0	$0	$0
ABBY SPELTZ	TRUSTEE	2.00	Director	$0	$0	$0
BARBARA VARTANIAN	TRUSTEE	2.00	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	$233,520	$178,529	$377,117	$54,991
2024	$179,887	$219,564	$351,340	$-39,677
2023	$273,444	$492,938	$509,157	$-219,494
2022	$179,318	$172,303	$546,001	$7,015
2021	$238,678	$341,746	$542,938	$-103,068
2020	$229,783	$112,902	$578,511	$116,881
2018	$325,842	$352,960	$468,092	$-27,118

MILLBURN EDUCATION FOUNDATION INC