THE N'DIGO FOUNDATION (EIN 364056004) - 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

1994

Legal Domicile

Principal Officer

HERMENE HARTMAN

Phone

3128220202

Tax Period

2025-01-01 to 2025-12-31

THE N'DIGO FOUNDATION, founded in 1994, is a small nonprofit in the Education sector that reported $443K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $501K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO ENCOURAGE AND REWARD EDUCATIONAL AND PERSONAL ACHIEVEMENT BY HIGH SCHOOL AND COLLEGE STUDENTS THROUGH 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 (2025)

Revenue Breakdown

Contributions & Grants $441,596

Program Service Revenue $0

Investment Income $842

Other Revenue $526

TOTAL REVENUE $442,964

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,367

Fundraising Expenses $0

Program Expenses $500,552

Other Expenses $442,185

TOTAL EXPENSES $500,552

Year-over-Year Comparison

	2025	2024	Change
Revenue	$442,964	$560,109	-0.2%
Expenses	$500,552	$626,193	-0.2%
Net Income	$-57,588	$-66,084	-0.1%

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

$83,868

Total Directors

$83,868

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERMENE HARTMAN	PRESIDENT	20.00	Officer Director	$55,000	$0	$55,000
SYLVESTER COSBY	TREASURER	20.00	Officer Director	$28,868	$0	$28,868
WENDELL O'NEIL	DIRECTOR	2.00	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	$442,964	$500,552	$209,804	$-57,588
2024	$560,109	$626,193	$93,029	$-66,084
2023	$725,220	$698,712	$132,728	$26,508
2022	$255,904	$279,166	$41,660	$-23,262
2021	$225,000	$187,008	$61,226	$37,992
2020	$50,875	$54,263	$23,233	$-3,388
2019	$27,500	$22,086	$26,622	$5,414
2018	No data	$1,888	$3,827	No data

THE N'DIGO FOUNDATION