Educational Advancement Fund Inc (EIN 364480416) - 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

2001

Legal Domicile

Principal Officer

Sherri Sidler

Phone

3123626659

Tax Period

2020-08-01 to 2021-07-31

Educational Advancement Fund Inc, founded in 2001, is a micro nonprofit that reported $78K in total revenue in fiscal year 2020. The organization ran a surplus of $64K, a strong 82% operating margin.

Mission

The organization's primary exempt purpose is the maintenance of a residential housing complex for the benefit of three Chicago-area tax-exempt institutions of higher learning and providing housing to the students thereof.

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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 (2020)

Revenue Breakdown

Contributions & Grants $78,012

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $78,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,221

TOTAL EXPENSES $14,221

Year-over-Year Comparison

	2020	2019	Change
Revenue	$78,012	N/A	N/A
Expenses	$14,221	$35,803	-0.6%
Net Income	$63,791	$-35,803	-2.8%

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

N/A

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

$2,176,828

Total Directors

$4,461,525

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Gabriel Esteban	Board Chair	1.00	Officer Director	$0	$133,874	$1,060,439
Dr Kwang-Wu Kim	Director	1.00	Director	$0	$283,834	$1,409,889
Dr Ali Malekzadeh	Director	1.00	Director	$0	$76,163	$781,840
Jerry Tarrer	Director	1.00	Director	$0	$45,952	$321,434
Sherri Sidler	President/Director	1.00	Officer Director	$0	$0	$0
Andrew Harris	Treasurer/Director until June '21	1.00	Officer Director	$0	$33,956	$326,454
Arlene Regnerus	Treasurer/Director	1.00	Officer Director	$0	$0	$0
Jeffrey Bethke Past President	Director until Dec '20	1.00	Officer Director	$0	$58,212	$561,469
Richard Moreci	Secretary	1.00	Officer	$0	$26,328	$228,466

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
2021	$78,012	$14,221	No data	$63,791
2021	$30,511	$30,511	No data	No data
2020	No data	$35,803	No data	No data
2019	No data	$28,510	No data	No data
2018	$445,787	$603,601	$77,620	$-157,814

Educational Advancement Fund Inc