CHARLES T KING STUDENT LOAN FUND (EIN 226052901) - 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

1964

Legal Domicile

Principal Officer

SOCK WANG

Phone

9733763600

Tax Period

2024-07-01 to 2025-06-30

CHARLES T KING STUDENT LOAN FUND, founded in 1964, is a micro nonprofit in the Education sector that reported $44K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $39K, a strong 90% operating margin.

Mission

TO PROVIDE LOANS TO MILLBURN TOWNSHIP NJ STUDENTS ATTENDING ACCREDITED COLLEGES, UNIVERSITIES AND TECHNICAL 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 $10,495

Program Service Revenue $0

Investment Income $33,145

Other Revenue $0

TOTAL REVENUE $43,640

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,572

Other Expenses $4,272

TOTAL EXPENSES $4,272

Year-over-Year Comparison

	2024	2023	Change
Revenue	$43,640	$48,725	-0.1%
Expenses	$4,272	$8,411	-0.5%
Net Income	$39,368	$40,314	0.0%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LILY LEE	CHAIR	1.00	Officer Director	$0	$0	$0
ANDREA SPAAR	SECRETARY	1.00	Officer Director	$0	$0	$0
CORDELIA CHAN	CO-TREASURER	1.00	Officer Director	$0	$0	$0
SOCK WANG	CO-TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS CHASE	DIRECTOR	1.00	Director	$0	$0	$0
TIFFANY FEHRENBACK	DIRECTOR	1.00	Director	$0	$0	$0
SONALI GANTI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GREEN	DIRECTOR	1.00	Director	$0	$0	$0
JANE GOMEZ	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON HAASE	DIRECTOR	1.00	Director	$0	$0	$0
ATUL KULKARNI	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN POLLINA-FINKELSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
MARCY SCHWARTZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN SHAINBERG	DIRECTOR	1.00	Director	$0	$0	$0
NU SUWANKOSAI	DIRECTOR	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	$43,640	$4,272	$1,672,782	$39,368
2025	$43,640	$4,272	$1,672,782	$39,368
2024	$48,725	$8,411	$1,633,414	$40,314
2023	$22,422	$4,516	$1,593,100	$17,906
2022	$23,242	$4,842	$1,575,194	$18,400
2021	$23,290	$3,586	$1,546,144	$19,704
2020	$47,632	$6,584	$1,526,440	$41,048
2019	$25,038	$3,194	$1,485,392	$21,844

CHARLES T KING STUDENT LOAN FUND