SOMERSET HILLS EDUCATION FOUNDATION INC (EIN 223446481) - 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

1996

Legal Domicile

Principal Officer

KATHLEEN TOBER

Phone

9086357140

Tax Period

2024-07-01 to 2025-06-30

SOMERSET HILLS EDUCATION FOUNDATION INC, founded in 1996, is a micro nonprofit in the Employment sector that reported $42K in total revenue in fiscal year 2024. Revenue surged 1096% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 57% operating margin.

Mission

TO GENERATE ADDITIONAL SOURCES OF REVENUE FOR THE EDUCATIONAL PROGRAMS AND SERVICES THAT ENHANCE THE CURRICULUM AND LEARNING ENVIRONMENT FOR THE SOMERSET HILLS 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 (2024)

Revenue Breakdown

Contributions & Grants $1,391

Program Service Revenue $0

Investment Income $9

Other Revenue $40,583

TOTAL REVENUE $41,983

Expense Breakdown

Grants Paid $9,199

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $9,199

Other Expenses $9,012

TOTAL EXPENSES $18,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,983	$3,510	+11.0%
Expenses	$18,211	$2,218	+7.2%
Net Income	$23,772	$1,292	+17.4%

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

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
OLGA CHRISTIE	CHAIRPERSON	8.00	Officer Director	$0	$0	$0
KATHLEEN TOBER	TREASURER	5.00	Officer Director	$0	$0	$0
JENNIFER ADAMS	SECRETARY	4.00	Officer Director	$0	$0	$0
TALI BEN-SHIMON	TRUSTEE	4.00	Director	$0	$0	$0
PATRICIA CUDDY	TRUSTEE	4.00	Director	$0	$0	$0
KRISTEN DEGRANDPRE	TRUSTEE	1.00	Director	$0	$0	$0
RUTH MELILLO	TRUSTEE	1.00	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	$41,983	$18,211	$46,543	$23,772
2024	$3,510	$2,218	$25,671	$1,292
2023	$8	$968	$18,621	$-960
2022	$1,335	$1,619	$19,581	$-284
2021	$1,759	$26,763	$19,865	$-25,004

SOMERSET HILLS EDUCATION FOUNDATION INC