FRIENDS OF ECOLE POLYTECHNIQUE INC

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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

Phone

9174558458

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF ECOLE POLYTECHNIQUE INC, founded in 2007, is a small nonprofit in the Science & Technology sector that reported $174K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $56K, a strong 32% operating margin.

Mission

TO SUPPORT EDUCATIONAL PROGRAMS, SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS THAT PROVIDE OR SUPPORT SCIENCE, ENGINEERING AND MATHEMATICAL EDUCATION AND CONDUCT RESEARCH.

Program Service Accomplishments

Program 1

Expenses: $99,247

THE FRIENDS OF ECOLE POLYTECHNIQUE MADE GRANTS TO THE FONDATION DE L'ECOLE POLYTECNIQUE IN SUPPORT OF SCHOLARSHIPS FOR INTERNATIONAL AND FRENCH STUDENTS AND INITIATIVES TO ENCOURAGE DIVERSITY AT THE ECOLE POLYTECHNIQUE. THE ORGANIZATION ALSO MADE GRANTS FOR ACADEMIC EXCHANGE PROGRAMS INCLUDING A PARTNERSHIP AMONG IMPORTANT FRENCH UNIVERSITIES AND COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK.

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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 $170,976

Program Service Revenue $0

Investment Income $2,820

Other Revenue $0

TOTAL REVENUE $173,796

Expense Breakdown

Grants Paid $99,247

Salaries & Benefits $0

Fundraising Expenses $1,800

Program Expenses $99,247

Other Expenses $18,757

TOTAL EXPENSES $118,004

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,796	$251,224	-0.3%
Expenses	$118,004	$4,135,631	-1.0%
Net Income	$55,792	$-3,884,407	-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

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
MICHEL COMBES	Chairman	1.00	Officer Director	$0	$0	$0
GERARD MUNERA	Director	0.50	Director	$0	$0	$0
FRANCOIS KRESS	Director	0.50	Director	$0	$0	$0
JULIEN ALTIERI	Director	0.50	Director	$0	$0	$0
DANIEL TOTOUOM	Treasurer	1.00	Officer Director	$0	$0	$0
FADI SAIBI	Director	0.50	Director	$0	$0	$0
MARIE CAILLAT	Director	4.00	Director	$0	$0	$0
JEAN-PAUL COTTET	Director	0.50	Director	$0	$0	$0
ALEXANDRA LAUVAUX	Secretary	0.50	Officer 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	$173,796	$118,004	$653,470	$55,792
2023	$251,224	$4,135,631	$579,006	$-3,884,407
2022	$199,487	$1,875,442	$4,611,440	$-1,675,955
2021	$5,232,168	$214,671	$6,306,079	$5,017,497
2020	$2,072,964	$1,783,135	$1,321,714	$289,829
2019	$59,041	$827,051	$985,893	$-768,010
2018	$361,655	$497,472	$1,852,385	$-135,817