WOODRIDGE FOUNDATION (EIN 341863669) - 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

1997

Legal Domicile

Principal Officer

Joseph Charles

Phone

3306870742

Tax Period

2023-01-01 to 2023-12-31

WOODRIDGE FOUNDATION, founded in 1997, is a small nonprofit in the Education sector that reported $293K in total revenue in fiscal year 2023. Revenue surged 455% from the prior year, signaling strong growth momentum. The organization ran a surplus of $254K, a strong 87% operating margin.

Mission

The Woodridge Foundation awards financial scholarships to Woodridge High School graduating seniors to assist them in pursuing their post secondary education. In 2023 we awarded 33 Woodridge seniors scholarships.

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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 $277,707

Program Service Revenue $0

Investment Income $15,482

Other Revenue $0

TOTAL REVENUE $293,189

Expense Breakdown

Grants Paid $39,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,574

Other Expenses $574

TOTAL EXPENSES $39,574

Year-over-Year Comparison

	2023	2022	Change
Revenue	$293,189	$52,825	+4.6%
Expenses	$39,574	$42,500	-0.1%
Net Income	$253,615	$10,325	+23.6%

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

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
Joe Charles	President	2.00	Officer	$0	$0	$0
Tom Shaheen	Vice President	1.00	Officer	$0	$0	$0
Lisa Bates	Secretary	1.00	Officer	$0	$0	$0
David Charles	Treasurer	1.00	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
2023	$293,189	$39,574	$441,857	$253,615

WOODRIDGE FOUNDATION