PASADENA EDUCATIONAL FOUNDATION (EIN 237149451) - 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

1971

Legal Domicile

Principal Officer

PATRICK CONYERS

Phone

6263963625

Tax Period

2024-07-01 to 2025-06-30

PASADENA EDUCATIONAL FOUNDATION, founded in 1971, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $18.2M in total revenue in fiscal year 2024. Revenue surged 259% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.8M, a strong 54% operating margin.

Mission

FUNDRAISING FOR PASADENA AREA PUBLIC SCHOOLS, INCLUDING ALTADENA, PASADENA AND SIERRA MADRE.

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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 $17,366,363

Program Service Revenue $457,556

Investment Income $382,857

Other Revenue $0

TOTAL REVENUE $18,206,776

Expense Breakdown

Grants Paid $1,534,302

Salaries & Benefits $2,071,014

Fundraising Expenses $674,972

Program Expenses $7,390,674

Other Expenses $4,828,862

TOTAL EXPENSES $8,434,178

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,206,776	$5,076,581	+2.6%
Expenses	$8,434,178	$5,232,276	+0.6%
Net Income	$9,772,598	$-155,695	-63.8%

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

144

Volunteers

500

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

$208,425

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIK BERG	PRESIDENT	10.00	Officer Director	$0	$0	$0
DEL LILE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
RICHARD KIDD	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
KAREN BURGESS	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
DOMINICK CORREY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
D BARTON DOYLE	TREASURER	10.00	Officer Director	$0	$0	$0
FELITA KEALING	SECRETARY	10.00	Officer Director	$0	$0	$0
LUISA RENGIFO-ESTRADA	IMMEDIATE PAST PRESIDENT	10.00	Officer Director	$0	$0	$0
HEATHER BACKSTROM	BOARD MEMBER	2.00	Director	$0	$0	$0
GEORGE A BRUMDER	BOARD MEMBER	2.00	Director	$0	$0	$0
MIMI CARTER	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM B CREIM	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANCES CHIANG DAYMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
SARAH DESCHENES	BOARD MEMBER	2.00	Director	$0	$0	$0
KARINA MONTILLA EDMONDS	BOARD MEMBER	2.00	Director	$0	$0	$0
NIKI ELLIOTT	BOARD MEMBER	2.00	Director	$0	$0	$0
JONATHAN S FUHRMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
TAMERLIN J GODLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
LAWTON GRAY	BOARD MEMBER	2.00	Director	$0	$0	$0
CARINA JACOB	BOARD MEMBER	2.00	Director	$0	$0	$0
SHARON LEFLER	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIA MCCALLIN	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER MIYAKE-TRAPP	BOARD MEMBER	2.00	Director	$0	$0	$0
LINDA MORALES	BOARD MEMBER	2.00	Director	$0	$0	$0
WILL MORRIS	BOARD MEMBER	2.00	Director	$0	$0	$0
ANGELITA MONT O'BRIEN	BOARD MEMBER	2.00	Director	$0	$0	$0
DAWN CARSON O'KEEFFE	BOARD MEMBER	2.00	Director	$0	$0	$0
JAMES PATTERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ELIZABETH POMEROY	BOARD MEMBER	2.00	Director	$0	$0	$0
TERI RICHARDSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MARGUERITE ANN SNOW	BOARD MEMBER	2.00	Director	$0	$0	$0
ALMA M STOKES	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM E THOMSON JR	BOARD MEMBER	2.00	Director	$0	$0	$0
LAWAYNE WILLIAMS	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICK ZARIFIAN	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICK CONYERS	EXECUTIVE DIRECTOR	40.00	Officer	$198,500	$9,925	$208,425
DAVID SPIRO	DEVELOPMENT CONSULTANT	40.00	Highest	$116,259	$17,669	$133,928

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	$18,206,776	$8,434,178	$21,097,009	$9,772,598
2024	$5,076,581	$5,232,276	$10,474,361	$-155,695
2023	$5,819,367	$5,304,312	$10,455,494	$515,055
2022	$6,068,647	$5,412,983	$9,742,843	$655,664
2021	$5,002,694	$3,826,806	$10,750,801	$1,175,888
2020	$4,610,690	$4,973,745	$9,194,355	$-363,055
2019	$6,644,616	$6,023,795	$9,512,639	$620,821
2018	$5,329,648	$5,230,222	$7,309,234	$99,426

PASADENA EDUCATIONAL FOUNDATION