FARTHER FOUNDATION (EIN 262655350) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

DAVID WEINDLING

Phone

7084977240

Tax Period

2024-01-01 to 2024-12-31

FARTHER FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2024. Revenue fell 76% from the prior year — a significant decline worth monitoring. Expenses of $208K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO INSPIRE GREATER ACADEMIC ACHIEVEMENT AND LIFE SUCCESS FOR STUDENTS FROM LOW-INCOME, AT RISK POPULATIONS THROUGH PARTICIPATION IN UNIQUE ENRICHMENT TRAVEL EXPERIENCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,529

Program Service Revenue $0

Investment Income $36,559

Other Revenue $0

TOTAL REVENUE $187,088

Expense Breakdown

Grants Paid $185,023

Salaries & Benefits $7,806

Fundraising Expenses $3,907

Program Expenses $186,967

Other Expenses $15,181

TOTAL EXPENSES $208,010

Year-over-Year Comparison

	2024	2023	Change
Revenue	$187,088	$772,362	-0.8%
Expenses	$208,010	$204,446	+0.0%
Net Income	$-20,922	$567,916	-1.0%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$7,500

Total Directors

$7,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WEINDLING	PRESIDENT	40.00	Officer Director	$7,500	$0	$7,500
MELISSA COUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
MATT CROSSETT	DIRECTOR	1.00	Director	$0	$0	$0
ED CRUICKSHANK	DIRECTOR	1.00	Director	$0	$0	$0
ROSARIO GONZALEZ	DIRECTOR	1.00	Director	$0	$0	$0
NINA RICCI	DIRECTOR	1.00	Director	$0	$0	$0
LAURA SWARTZBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WHITE	VICE PRES	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	$187,088	$208,010	$820,763	$-20,922
2023	$772,362	$204,446	$809,029	$567,916

FARTHER FOUNDATION