WATERFORD EDUCATIONAL FOUNDATION (EIN 320107181) - 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

2003

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

WATERFORD EDUCATIONAL FOUNDATION, founded in 2003, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2022. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $50K exceeded revenue, resulting in a 93% operating deficit.

Mission

ENHANCE LOCAL 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 (2022)

Revenue Breakdown

Contributions & Grants $18,730

Program Service Revenue $0

Investment Income $20

Other Revenue $7,245

TOTAL REVENUE $25,995

Expense Breakdown

Grants Paid $38,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $48,100

Other Expenses $11,981

TOTAL EXPENSES $50,081

Year-over-Year Comparison

	2022	2021	Change
Revenue	$25,995	$50,229	-0.5%
Expenses	$50,081	$107,788	-0.5%
Net Income	$-24,086	$-57,559	-0.6%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
LAURA FINNEMAN	President	Officer	$0	$0	$0
DAISY PEREZ	BOARD MEMBER	Officer	$0	$0	$0
SHEILA COLLINS	Treasurer	Officer	$0	$0	$0
JOSE ALDACO	BOARD MEMBER	Officer	$0	$0	$0
JALYNN BLAGG	BOARD MEMBER	Officer	$0	$0	$0
ARNOLD BLAGG	BOARD MEMBER	Officer	$0	$0	$0
CAROLYN VISS	Secretary	Officer	$0	$0	$0
LISA HAWKINS	BOARD MEMBER	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$25,995	$50,081	$86,718	$-24,086
2022	$50,229	$107,788	$110,804	$-57,559
2021	$81,608	$56,382	$168,363	$25,226
2020	$53,607	$34,211	$143,137	$19,396
2019	$14,126	$48,948	$123,741	$-34,822
2018	$31,592	$65,896	$158,563	$-34,304

WATERFORD EDUCATIONAL FOUNDATION