FOREST HILLS FOUNDATION FOR EDUCATION INC (EIN 260486111) - 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

2008

Principal Officer

JAY BERLINER

Phone

5132325909

Tax Period

2023-07-01 to 2024-06-30

FOREST HILLS FOUNDATION FOR EDUCATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $339K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $318K left a modest 6% surplus.

Mission

TO SOLICIT, MANAGE AND DISTRIBUTE FUNDS FOR PROGRAMS AND ACTIVITIES THAT PROMOTE EXCELLENCE WITHIN THE FOREST HILLS SCHOOL DISTRICT NOW AND IN THE FUTURE, BUT FALL OUTSIDE THE SCOPE OF WHAT CAN BE COVERED BY THE DISTRICT'S BUDGET

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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 $193,895

Program Service Revenue $0

Investment Income $6,200

Other Revenue $138,932

TOTAL REVENUE $339,027

Expense Breakdown

Grants Paid $202,846

Salaries & Benefits $64,517

Fundraising Expenses $0

Program Expenses $289,538

Other Expenses $50,310

TOTAL EXPENSES $317,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$339,027	$306,812	+0.1%
Expenses	$317,673	$320,381	0.0%
Net Income	$21,354	$-13,569	-2.6%

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

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

$45,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH GIGLIO	PRESIDENT	1.00	Officer	$0	$0	$0
BRIAN HURST	VICE-PRESIDE	1.00	Officer	$0	$0	$0
JAY BERLINER	TREASURER	1.00	Officer	$0	$0	$0
MARY GAERTNER	SECRETARY	1.00	Officer	$0	$0	$0
STACY GILLARD	EXECUTIVE DI	40.00	Officer	$45,500	$0	$45,500
SARA BOLTON	DIRECTOR	1.00	Director	$0	$0	$0
ALEXIS BRUNING	DIRECTOR	1.00	Director	$0	$0	$0
LAURA DENO	DIRECTOR	1.00	Director	$0	$0	$0
MIKE DOENGES	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE EASTON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE FEAGINS	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA HAYAS	DIRECTOR	1.00	Director	$0	$0	$0
MARK HEGGEM	DIRECTOR	1.00	Director	$0	$0	$0
MEGAN KELLY	DIRECTOR	1.00	Director	$0	$0	$0
JANE MEYER	DIRECTOR	1.00	Director	$0	$0	$0
TONY MORT	DIRECTOR	1.00	Director	$0	$0	$0
JEFF NYE	DIRECTOR	1.00	Director	$0	$0	$0
NATE PASZCYKOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
BETSY SCHMIDT-GULLET	DIRECTOR	1.00	Director	$0	$0	$0
KEN SCHROEDER	DIRECTOR	1.00	Director	$0	$0	$0
RANDY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ALEC TACKETT	DIRECTOR	1.00	Director	$0	$0	$0
GENEVA TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN TEUSCHLER	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER ZIMMERMAN	DIRECTOR	1.00	Director	$0	$0	$0
KATIE ZIEGLER	DIRECTOR	1.00	Director	$0	$0	$0
WENDY SCTICKLER	DIRECTOR	1.00	Director	$0	$0	$0
LARRY HOOK	DIRECTOR	1.00	Director	$0	$0	$0
ALANA CROPPER	DIRECTOR	1.00	Director	$0	$0	$0
KIM TINSLEY	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	No data	No data	No data	No data
2024	$339,027	$317,673	$452,122	$21,354
2023	$306,812	$320,381	$402,030	$-13,569
2022	$341,276	$251,231	$395,935	$90,045
2021	$159,042	$196,707	$326,240	$-37,665
2020	$227,700	$195,191	$364,396	$32,509
2019	$159,410	$128,479	$325,583	$30,931

FOREST HILLS FOUNDATION FOR EDUCATION INC