PENNIES FOR EDUCATION & HEALTH (EIN 331054890) - 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

Principal Officer

H RICHARD WALTON

Phone

7135529499

Tax Period

2023-01-01 to 2023-12-31

PENNIES FOR EDUCATION & HEALTH, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $375K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $186K, a strong 50% operating margin.

Mission

EDUCATION AND HEALTH CARE FOR UNDERPRIVELEGED CHILDREN

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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 (2023)

Revenue Breakdown

Contributions & Grants $344,816

Program Service Revenue $0

Investment Income $29,826

Other Revenue $0

TOTAL REVENUE $374,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $181,221

Other Expenses $188,784

TOTAL EXPENSES $188,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$374,642	$332,527	+0.1%
Expenses	$188,784	$341,423	-0.4%
Net Income	$185,858	$-8,896	-21.9%

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
AHMED ANSARI	DIRECTOR	N/A	Director	$0	$0	$0
ANJALI ARJUNANI	TREASURER/CF	N/A	Officer Director	$0	$0	$0
ASIF DAKRI	DIRECTOR	N/A	Director	$0	$0	$0
RIAZ ESSA	DIRECTOR	N/A	Director	$0	$0	$0
RUHI KHAN	DIRECTOR	N/A	Director	$0	$0	$0
BASHEER KHUMAWALA	DIRECTOR	N/A	Officer Director	$0	$0	$0
SALEHA KHUMAWALA	DIRECTOR	5.00	Officer Director	$0	$0	$0
AISHA MATIN	DIRECTOR	N/A	Director	$0	$0	$0
IRFAN UDDIN	DIRECTOR	5.00	Director	$0	$0	$0
BILAL ZAKARIA	DIRECTOR	N/A	Director	$0	$0	$0
RICHARD SCAMELL	DIRECTOR	5.00	Officer	$0	$0	$0
H RICHARD WALTON	CHAIRPERSON	5.00	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
2024	No data	No data	No data	No data
2023	$374,642	$188,784	$1,203,234	$185,858
2022	$332,527	$341,423	$1,128,346	$-8,896
2021	$398,219	$178,547	$1,137,242	$219,672
2020	$236,604	$153,102	$866,824	$83,502
2019	$208,586	$151,140	$720,713	$57,446

PENNIES FOR EDUCATION & HEALTH