GANANDA EDUCATION CORPORATION (EIN 237423392) - 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

1985

Legal Domicile

Principal Officer

DONALD FOX

Phone

5852415995

Tax Period

2024-01-01 to 2024-12-31

GANANDA EDUCATION CORPORATION, founded in 1985, is a small nonprofit in the Education sector that reported $151K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $132K, a strong 87% operating margin.

Mission

TO ASSIST THE GANANDA CENTRAL SCHOOL DISTRICT WITH COST OF BUILDING ACQUISITION & RENOVATIONS

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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 $0

Program Service Revenue $0

Investment Income $151,488

Other Revenue $0

TOTAL REVENUE $151,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,494

Other Expenses $19,421

TOTAL EXPENSES $19,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,488	$96,065	+0.6%
Expenses	$19,421	$218,867	-0.9%
Net Income	$132,067	$-122,802	-2.1%

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
DONALD R FOX	PRESIDENT	0.10	Officer Director	$0	$0	$0
PHILIP D WILLIAMSON	V. PRESIDENT	0.10	Officer Director	$0	$0	$0
GREG GILES	BOARD MEMBER	0.10	Director	$0	$0	$0
DR SHAWN VAN SCOY	SECY/TREAS.	0.10	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	$151,488	$19,421	$1,367,180	$132,067
2023	$96,065	$218,867	$1,206,797	$-122,802
2022	$19,122	$19,441	$1,252,912	$-319
2021	$232,601	$19,875	$1,465,666	$212,726
2020	$73,325	$16,867	$1,280,785	$56,458
2019	$103,914	$142,409	$1,128,717	$-38,495
2018	$67,386	$17,411	$1,050,374	$49,975

GANANDA EDUCATION CORPORATION