THE WILLIAM AND LANAEA C FEATHERSTONE FOUNDATION

EIN: 263827474 501(c)(3) Education

ELLICOTT CITY, MD

Total Revenue
$224,131
Total Expenses
$249,939
Total Assets
$89,113
Net Assets
$83,320
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MD
Principal Officer
LANAEA FEATHERSTONE
Phone
4102944055
Tax Period
2023-01-01 to 2023-12-31

THE WILLIAM AND LANAEA C FEATHERSTONE FOUNDATION, founded in 2008, is a small nonprofit in the Education sector that reported $224K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $250K exceeded revenue, resulting in a 12% operating deficit.

Mission

THE WILLIAM & LANAEA C. FEATHERSTONE FOUNDATION, AN AWARD-WINNING NONPROFIT, HAS AN UNPARALLELED REPUTATION FOR ADVANCING ECONOMIC OUTCOMES OF UNDERSERVED COMMUNITIES. THE FOUNDATION IS ON THE FOREFRONT TACKLING UNEMPLOYMENT AND UNDEREMPLOYMENT THROUGH ITS INNOVATIVE WORKFORCE PROGRAM AND EMPOWERING FIRST-GENERATION STUDENTS TO ACHIEVE HIGHER EDUCATION THROUGH STEM, DIGITAL AND FINANCIAL LITERACY AND SCHOLARSHIPS. "THE FOUNDATION'S MISSION IS TO CREATE SUSTAINABLE SOLUTIONS TO BRIDGE THE OPPORTUNITY DIVIDE AMONG UNDERSERVED COMMUNITIES."

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $224,131
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $224,131

Expense Breakdown

Grants Paid $53,698
Salaries & Benefits $88,528
Fundraising Expenses $0
Program Expenses $163,833
Other Expenses $107,713
TOTAL EXPENSES $249,939

Year-over-Year Comparison

2023 2022 Change
Revenue $224,131 $179,490 +0.2%
Expenses $249,939 $194,783 +0.3%
Net Income $-25,808 $-15,293 +0.7%
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

Sign In

Governance

Voting Members
5
Independent Members
4
Employees
5
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
2
$59,942
Total Directors
5
$59,942
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHNNY YATACO BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM FEATHERSTONE BOARD MEMBER 1.00
Director
$0 $0 $0
PETER SAVAGE BOARD MEMBER 1.00
Director
$0 $0 $0
LANAEA FEATHERSTONE FOUNDER 12.00
Officer Director
$30,000 $0 $30,000
JULIANA LOPEZ EXECUTIVE DIRECTOR 15.00
Officer Director
$29,942 $0 $29,942
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 $224,131 $249,939 $89,113 $-25,808
2022 $179,490 $194,783 $110,002 $-15,293
2021 $241,205 $233,896 $126,165 $7,309
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE WILLIAM AND LANAEA C FEATHERSTONE FOUNDATION with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.