Glen Ridge Educational Foundation (EIN 223258018) - 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

Tax Period

2023-07-01 to 2024-06-30

Glen Ridge Educational Foundation, founded in 1993, is a small nonprofit in the Education sector that reported $108K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Net assets of $338K represent 37 months of operating reserves.

Mission

Support of innovative programs in the Glen Ridge School System that stimulate and facilitate learning.

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,406

Program Service Revenue $0

Investment Income $10,710

Other Revenue $35,274

TOTAL REVENUE $108,390

Expense Breakdown

Grants Paid $110,413

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,413

Other Expenses $2,624

TOTAL EXPENSES $113,037

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,390	$199,654	-0.5%
Expenses	$113,037	$85,229	+0.3%
Net Income	$-4,647	$114,425	-1.0%

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	Role	Reportable Comp	Other Comp	Total
Gwen Schoenfeld	Trustee	Director	$0	$0	$0
Kris Ramanthan	Trustee	Director	$0	$0	$0
Marcia H OGrady	Trustee	Director	$0	$0	$0
David Lefkovits	Trustee	Director	$0	$0	$0
Mary Louise Malyska	Trustee	Director	$0	$0	$0
Tim Spayd	Trustee	Director	$0	$0	$0
Benjamin Ringe	Trustee	Director	$0	$0	$0
Hillary Trevenen	Trustee	Director	$0	$0	$0
Karima Ravenell	Trustee	Director	$0	$0	$0
Tracey St Auburn	Trustee	Director	$0	$0	$0
Thomas Wright	Trustee	Director	$0	$0	$0
William Potter	Trustee	Director	$0	$0	$0
Anthony Turiano	Trustee	Director	$0	$0	$0
Duval Graham	Trustee	Director	$0	$0	$0
Ann Marie Linke	Trustee	Director	$0	$0	$0
Arthur Dawson	Trustee	Director	$0	$0	$0
Dirk Phillips	School Superintendent	Director	$0	$0	$0
Frances Wong	Chairperson	Officer	$0	$0	$0
Maureen Mycka	Secretary	Officer	$0	$0	$0
Linda Seyffarth	Treasurer	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
2024	$108,390	$113,037	$337,704	$-4,647
2023	$199,654	$85,229	$342,351	$114,425

Glen Ridge Educational Foundation