FOUNDATION FOR EXCELLENCE IN EDUCATION INC (EIN 260615175) - 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

PATRICIANNA LEVESQUE

Phone

8503914090

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR EXCELLENCE IN EDUCATION INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $10.9M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Net assets of $25.8M represent 28 months of operating reserves.

Mission

BUILDING A FUTURE WHERE STUDENT-CENTERED EDUCATION UNLOCKS LIFELONG OPPORTUNITY AND SUCCESS

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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 $9,223,596

Program Service Revenue $1,267,706

Investment Income $370,459

Other Revenue $29

TOTAL REVENUE $10,861,790

Expense Breakdown

Grants Paid $40,263

Salaries & Benefits $7,497,717

Fundraising Expenses $573,775

Program Expenses $9,334,527

Other Expenses $3,752,983

TOTAL EXPENSES $11,290,963

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,861,790	$21,897,954	-0.5%
Expenses	$11,290,963	$9,570,691	+0.2%
Net Income	$-429,173	$12,327,263	-1.0%

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

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

$749,428

Total Directors

Key Employees

$374,239

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN E BUSH	PRESIDENT	5.00	Officer Director	$0	$0	$0
F PHILIP HANDY	TREASURER	1.00	Officer Director	$0	$0	$0
ALLAN HUBBARD	SECRETARY	1.00	Officer Director	$0	$0	$0
JANET AYERS	DIRECTOR	1.00	Director	$0	$0	$0
REGINALD J BROWN	DIRECTOR	1.00	Director	$0	$0	$0
ERIC CANTOR	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER CERF	DIRECTOR	1.00	Director	$0	$0	$0
GARY R CHARTRAND	DIRECTOR	1.00	Director	$0	$0	$0
DEE B HASLAM	DIRECTOR	1.00	Director	$0	$0	$0
JOEL I KLEIN	DIRECTOR	1.00	Director	$0	$0	$0
SUSANA MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE RAUNER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIANNA LEVESQUE	CEO	35.00	Officer	$428,275	$55,403	$555,727
PAMELA M GRIGGS	SR DIRECTOR OF FINANCE & COMPLIANCE	31.00	Officer	$175,970	$17,731	$193,701
DEENA REPPEN	CHIEF OPERATING OFFICER	34.00	Key Emp	$328,634	$45,605	$374,239
KYMYONA BURK	SENIOR FELLOW	40.00	Highest	$212,308	$20,077	$232,385
CARA CANDAL	VP OF POLICY	40.00	Highest	$199,079	$7,197	$206,276
CHRISTY L SANDBERG	SENIOR FELLOW	40.00	Highest	$196,427	$15,479	$211,906
THOMAS GREENE	VP OF ADVOCACY	21.00	Highest	$130,419	$17,736	$204,556
MATTHEW JOSEPH	SENIOR ADVISOR	40.00	Highest	$183,317	$5,645	$188,962

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	$10,861,790	$11,290,963	$26,995,781	$-429,173
2022	$21,897,954	$9,570,691	$26,810,690	$12,327,263
2021	$8,286,056	$9,037,387	$16,109,457	$-751,331
2020	$12,913,883	$8,082,585	$17,079,939	$4,831,298
2019	$9,812,104	$9,230,317	$12,513,409	$581,787
2018	$9,535,022	$9,419,734	$10,865,182	$115,288

FOUNDATION FOR EXCELLENCE IN EDUCATION INC