TORRANCE EDUCATION FOUNDATION (EIN 330506936) - 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

1992

Legal Domicile

Phone

3109726970

Tax Period

2022-07-01 to 2023-06-30

TORRANCE EDUCATION FOUNDATION, founded in 1992, is a small nonprofit in the Education sector that reported $849K in total revenue in fiscal year 2022. The organization ran a surplus of $136K, a strong 16% operating margin.

Mission

THIS FOUNDATION IS SET UP TO PROVIDE FINANCIAL SUPPORT TO THE PUBLIC SCHOOLS IN THE TORRANCE UNIFIED SCHOOL DISTRICT IN ORDER TO PROVIDE A HIGH QUALITY OF PUBLIC EDUCATION.

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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 $293,710

Program Service Revenue $221,491

Investment Income $4,221

Other Revenue $329,333

TOTAL REVENUE $848,755

Expense Breakdown

Grants Paid $270,466

Salaries & Benefits $292,182

Fundraising Expenses $6,075

Program Expenses $650,737

Other Expenses $150,214

TOTAL EXPENSES $712,862

Year-over-Year Comparison

	2022	2021	Change
Revenue	$848,755	$847,115	+0.0%
Expenses	$712,862	$754,879	-0.1%
Net Income	$135,893	$92,236	+0.5%

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

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
PATRICK FUREY	President	8.00	Officer Director	$0	$0	$0
EUNICE LEE	Treasurer	10.00	Officer Director	$0	$0	$0
EMI MORIMOTO	Vice President	8.00	Officer Director	$0	$0	$0
PATRICK LEFEVRE	Secretary	8.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$848,755	$712,862	$1,594,093	$135,893
2022	$847,115	$754,879	$1,509,178	$92,236
2021	$933,400	$707,031	$1,191,204	$226,369
2020	$1,121,508	$862,603	$1,014,391	$258,905
2019	$1,182,425	$1,311,790	$928,822	$-129,365
2018	$1,215,818	$1,254,584	$1,268,247	$-38,766

TORRANCE EDUCATION FOUNDATION