FOUNDATION FOR FRATERNAL EXCELLENCE INC (EIN 351873572) - 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

Principal Officer

WILL FORAN

Phone

3178721112

Tax Period

2023-09-01 to 2024-08-31

FOUNDATION FOR FRATERNAL EXCELLENCE INC, founded in 1992, is a community nonprofit in the Unknown sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Net assets of $3.5M represent 31 months of operating reserves.

Mission

THE FFE EXISTS TO SUPPORT ORGANIZATIONS AND INDIVIDUALS INVESTED IN DEVELOPING THE NEXT GENERATION OF FRATERNITY/SORORITY LEADERS BY FOSTERING A CULTURE OF CARE, INCREASING FINANCIAL RESOURCES TO SUPPORT THE COMMUNITY THROUGH RESEARCH GRANTS AND EDUCATIONAL PROGRAMS, PROVIDING COOPERATIVESERVICES AND COORDINATING AND SHARING RESOURCES TO INFORM DATA-DRIVENDECISION-MAKING.

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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 $896,509

Program Service Revenue $394,883

Investment Income $72,320

Other Revenue $9

TOTAL REVENUE $1,363,721

Expense Breakdown

Grants Paid $455,281

Salaries & Benefits $373,404

Fundraising Expenses $42,459

Program Expenses $1,258,319

Other Expenses $508,249

TOTAL EXPENSES $1,336,934

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,363,721	$1,842,570	-0.3%
Expenses	$1,336,934	$1,063,367	+0.3%
Net Income	$26,787	$779,203	-1.0%

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

$676,878

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY GARNER	DIRECTOR	5.00	Director	$0	$0	$0
PHIL FERNANDEZ	DIRECTOR	5.00	Director	$0	$0	$0
EMILY MUSSER	DIRECTOR	5.00	Director	$0	$0	$0
BEN PENDRY	DIRECTOR	5.00	Director	$0	$0	$0
HALLEE WINNIE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JASON HOYT	DIRECTOR	5.00	Director	$0	$0	$0
JOHN CHRISTOPHER	DIRECTOR	5.00	Director	$0	$0	$0
MARSHA GRADY	DIRECTOR	5.00	Director	$0	$0	$0
RYAN KING	DIRECTOR	5.00	Director	$0	$0	$0
BETH VAUGHN	DIRECTOR	5.00	Director	$0	$0	$0
FRED MAGLIONE	TREASURER	5.00	Officer Director	$0	$0	$0
JUSTIN KIRK	PRESIDENT	5.00	Officer Director	$0	$0	$0
KRISTIN TOFANELLI	DIRECTOR	5.00	Director	$0	$0	$0
LESLIE LOOP	DIRECTOR	5.00	Director	$0	$0	$0
ASHLEY BYRD	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL WILSON	CFO	5.00	Officer	$14,636	$23,587	$180,965
ASHLEY VANDEWARK	EXECUTIVE DIRECTOR	40.00	Officer	$96,039	$21,996	$158,746
JUDSON HORRAS	CEO	5.00	Officer	$33,940	$22,322	$337,167

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	$1,363,721	$1,336,934	$5,191,806	$26,787
2023	$1,842,570	$1,063,367	$3,970,053	$779,203
2022	$2,002,588	$819,060	$3,002,951	$1,183,528
2021	$580,271	$461,595	$1,997,710	$118,676
2020	$771,999	$595,458	$1,713,282	$176,541
2019	$465,004	$547,349	$1,171,921	$-82,345

FOUNDATION FOR FRATERNAL EXCELLENCE INC