EASTWICK FOUNDATION INC (EIN 260292184) - 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

2007

Legal Domicile

Principal Officer

THOMAS EASTWICK

Phone

2013278877

Tax Period

2023-01-01 to 2023-12-31

EASTWICK FOUNDATION INC, founded in 2007, is a small nonprofit in the Education sector that reported $256K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $226K left a modest 12% surplus.

Mission

THE PURPOSE OF THE FOUNDATION IS TO HELP INDIVIDUALS EASE THE COST OF A COLLEGE EDUCATION BY OFFERING PARTIAL TO FULL SCHOLARSHIPS. THE ACTUAL AMOUNT TO BE DISTRIBUTED WILL DEPEND UPON THE DONATIONS RECEIVED. IN ADDITION, THE FOUNDATION IS ALSO INVOLVED IN MANY COMMUNITY PROJECTS INCLUDING "FEEDING THE HUNGRY- AND OTHER CHARITABLE ACTIVITIES.

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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 $111,130

Program Service Revenue $0

Investment Income $95,624

Other Revenue $49,037

TOTAL REVENUE $255,791

Expense Breakdown

Grants Paid $180,011

Salaries & Benefits $41,325

Fundraising Expenses $0

Program Expenses $221,336

Other Expenses $5,035

TOTAL EXPENSES $226,371

Year-over-Year Comparison

	2023	2022	Change
Revenue	$255,791	$169,528	+0.5%
Expenses	$226,371	$204,435	+0.1%
Net Income	$29,420	$-34,907	-1.8%

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

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
THOMAS EASTWICK	PRESIDENT	N/A	Officer Director	$0	$0	$0
IAN EASTWICK	TRUSTEE	N/A	Director	$0	$0	$0
ANGELA EASTWICK	TRUSTEE	N/A	Director	$0	$0	$0
CHRISTY DELAGUERRA	TRUSTEE	N/A	Director	$0	$0	$0
LOAN K NGUYEN	TRUSTEE	N/A	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
2024	No data	No data	No data	No data
2023	$255,791	$226,371	$2,088,515	$29,420
2022	$169,528	$204,435	$2,059,095	$-34,907
2021	$207,450	$124,296	$2,094,002	$83,154
2020	$140,014	$150,527	$2,010,848	$-10,513
2019	$121,538	$176,428	$2,021,361	$-54,890
2018	$140,125	$176,336	$2,076,251	$-36,211

EASTWICK FOUNDATION INC