RUMSON EDUCATION FOUNDATION INC (EIN 223375852) - 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

1995

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

RUMSON EDUCATION FOUNDATION INC, founded in 1995, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $400K in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $109K, a strong 27% operating margin.

Mission

TO FUND VARIOUS EDUCATIONAL AND TECHNOLOGY PROGRAMS IN THE LOCAL RUMSON SCHOOL DISTRICT

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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 $160,641

Program Service Revenue $0

Investment Income $455

Other Revenue $238,478

TOTAL REVENUE $399,574

Expense Breakdown

Grants Paid $286,643

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $286,643

Other Expenses $4,207

TOTAL EXPENSES $290,850

Year-over-Year Comparison

	2023	2022	Change
Revenue	$399,574	$239,554	+0.7%
Expenses	$290,850	$253,828	+0.1%
Net Income	$108,724	$-14,274	-8.6%

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
KATIE WARD	TREASURER ELECT	2.00	Officer	$0	$0	$0
SANDY LYONS	SECRETARY	2.00	Officer	$0	$0	$0
TONIANN BUSCARNERA	TREASURER	2.00	Officer	$0	$0	$0
CIARA DAGOSTINO	CO PRESIDENT	2.00	Officer	$0	$0	$0
LAUREN SALATA	CO PRESIDENT	2.00	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
2024	No data	No data	No data	No data
2023	$399,574	$290,850	$362,088	$108,724
2022	$239,554	$253,828	$253,300	$-14,274
2021	$241,583	$179,181	$267,574	$62,402
2020	$185,077	$257,063	$205,172	$-71,986
2019	$198,780	$105,669	$277,158	$93,111
2018	$269,662	$394,548	$184,047	$-124,886

RUMSON EDUCATION FOUNDATION INC