THE FREVEN FOUNDATION CHARITABLE TRUST (EIN 311480308) - 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

1996

Legal Domicile

Phone

4105681605

Tax Period

2024-07-01 to 2025-06-30

THE FREVEN FOUNDATION CHARITABLE TRUST, founded in 1996, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $534K, a strong 24% operating margin.

Mission

TO SUPPORT GERSTELL ACADEMY, INC.

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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 $800,654

Program Service Revenue $0

Investment Income $1,397,501

Other Revenue $9,731

TOTAL REVENUE $2,207,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,517,651

Other Expenses $1,673,726

TOTAL EXPENSES $1,673,726

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,207,886	$2,034,331	+0.1%
Expenses	$1,673,726	$1,995,116	-0.2%
Net Income	$534,160	$39,215	+12.6%

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
DR FREDERICK G SMITH	TRUSTEE	2.00	Director	$0	$0	$0
DR VENICE K PATERAKIS	TRUSTEE	0.00	Director	$0	$0	$0
DR RICHARD J NESSIF	TRUSTEE	0.00	Director	$0	$0	$0
PAUL O WALLACE	TRUSTEE	0.00	Director	$0	$0	$0
JANE NESSIF	TRUSTEE	0.00	Director	$0	$0	$0
STEVE KRULEVITZ	TRUSTEE	0.00	Director	$0	$0	$0
ANNE KRULEVITZ	TRUSTEE	0.00	Director	$0	$0	$0
THOMAS ZIZOS	TRUSTEE	0.00	Director	$0	$0	$0
NIKKI ZIZOS	TRUSTEE	0.00	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
2025	$2,207,886	$1,673,726	$53,465,540	$534,160
2024	$2,034,331	$1,995,116	$50,308,406	$39,215
2023	$364,859	$1,541,635	$48,221,578	$-1,176,776
2022	$8,908,154	$1,537,502	$47,265,031	$7,370,652
2021	$528,057	$1,712,639	$48,395,109	$-1,184,582

THE FREVEN FOUNDATION CHARITABLE TRUST