THE ADVANCE CHARITABLE AND EDUCATIONAL FUND (EIN 300240855) - 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

2004

Legal Domicile

Principal Officer

JOHANNA PITMAN

Phone

7183386852

Tax Period

2021-07-01 to 2022-06-30

THE ADVANCE CHARITABLE AND EDUCATIONAL FUND, founded in 2004, is a micro nonprofit in the Education sector that reported $16K in total revenue in fiscal year 2021. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $84K exceeded revenue, resulting in a 409% operating deficit.

Mission

TO PROVIDE EDUCATIONAL AND CHARITABLE PROJECTS INCLUDING FELLOWSHIPS, ACHIEVEMENT RECOGNITION AND ARTISTIC DEVELOPMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $16,471

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $16,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $79,623

Other Expenses $83,894

TOTAL EXPENSES $83,894

Year-over-Year Comparison

	2021	2020	Change
Revenue	$16,474	$388,259	-1.0%
Expenses	$83,894	$349,451	-0.8%
Net Income	$-67,420	$38,808	-2.7%

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

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
ANDREW LOW	CHAIR	2.50	Officer Director	$0	$0	$0
LOUIS THURGOOD	BOARD MEMBER	0.50	Director	$0	$0	$0
CHRIS ROBERT BOSHUIZEN	BOARD MEMBER	0.50	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
2022	$16,474	$83,894	$223,786	$-67,420
2021	$388,259	$349,451	$318,677	$38,808
2019	$785,878	$686,802	$711,470	$99,076
2018	$694,343	$734,010	$1,111,362	$-39,667

THE ADVANCE CHARITABLE AND EDUCATIONAL FUND