HOLMDEL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC (EIN 223478361) - 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

MILIN RAO

Phone

9176018696

Tax Period

2023-07-01 to 2024-06-30

HOLMDEL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC, founded in 1996, is a micro nonprofit in the Education sector that reported $74K in total revenue in fiscal year 2023. Revenue fell 61% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $31K, a strong 42% operating margin.

Mission

SEE PART III STMT

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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 $6,007

Program Service Revenue $0

Investment Income $1,942

Other Revenue $65,896

TOTAL REVENUE $73,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,119

Other Expenses $42,526

TOTAL EXPENSES $42,526

Year-over-Year Comparison

	2023	2022	Change
Revenue	$73,845	$191,636	-0.6%
Expenses	$42,526	$169,694	-0.7%
Net Income	$31,319	$21,942	+0.4%

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
TINA AMARINI	TRUSTEE	2.00	Director	$0	$0	$0
STEVE BURDEN	TRUSTEE	2.00	Director	$0	$0	$0
DOREEN DEMARCO	TRUSTEE	2.00	Director	$0	$0	$0
NEETI DHARIA	TRUSTEE	2.00	Director	$0	$0	$0
KRISTIN FERNANDEZ	TRUSTEE	2.00	Director	$0	$0	$0
ANUK FERNANDO	TRUSTEE	2.00	Director	$0	$0	$0
ERICA FUQUA	TRUSTEE	2.00	Director	$0	$0	$0
DANIELLE GEORGE	TRUSTEE	2.00	Director	$0	$0	$0
CATHERINE GRUNSFELD	CHAIRPERSON	2.00	Director	$0	$0	$0
BRITTANY MALLARDI	CO VICE CHAI	2.00	Director	$0	$0	$0
DESIREE OSTROVSKY	TRUSTEE	2.00	Director	$0	$0	$0
CHANDANA RAO	TRUSTEE	2.00	Director	$0	$0	$0
BRYAN RUKIN	TRUSTEE	2.00	Director	$0	$0	$0
MICHELLE SOTTILE	TRUSTEE	2.00	Director	$0	$0	$0
NICOLE BELL	CO VICE CHAI	2.00	Officer	$0	$0	$0
SEAN T DOWD	SECRETARY	2.00	Officer	$0	$0	$0
MILIN RAO	TREASURER	2.00	Officer	$0	$0	$0
AMANDA L VOLK	GALA CO VICE	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
2025	No data	No data	No data	No data
2024	$73,845	$42,526	$307,622	$31,319
2023	$191,636	$169,694	$276,303	$21,942

HOLMDEL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC