Cedar Grove-Belgium Education Foundation (EIN 262179672) - 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

2014

Legal Domicile

Principal Officer

Darcy Johnson

Phone

9206688277

Tax Period

2024-01-01 to 2024-12-31

Cedar Grove-Belgium Education Foundation, founded in 2014, is a small nonprofit in the Education sector that reported $159K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $229K exceeded revenue, resulting in a 44% operating deficit.

Mission

To Fund Educational Opportunities

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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 $72,225

Program Service Revenue $0

Investment Income $86,315

Other Revenue $0

TOTAL REVENUE $158,540

Expense Breakdown

Grants Paid $224,845

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $224,845

Other Expenses $3,666

TOTAL EXPENSES $228,511

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,540	$83,048	+0.9%
Expenses	$228,511	$75,997	+2.0%
Net Income	$-69,971	$7,051	-10.9%

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
Eric Veldhorst	President	1.00	Officer Director	$0	$0	$0
Peter Heimerman	Vice President	1.00	Officer Director	$0	$0	$0
Amy Engevold	Secretary	1.00	Officer Director	$0	$0	$0
Darcy Johnson	Treasurer	1.00	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	$158,540	$228,511	$1,874,581	$-69,971
2023	$83,048	$75,997	$1,944,552	$7,051
2022	$118,357	$144,862	$1,937,501	$-26,505
2021	$105,851	$148,275	$1,964,006	$-42,424
2020	$421,411	$50,594	$2,006,430	$370,817
2019	$1,530,410	$42,535	$1,635,613	$1,487,875

Cedar Grove-Belgium Education Foundation