NORTH ED FOUNDATION (EIN 365071707) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

KEVIN GAY

Phone

9894305756

Tax Period

2024-01-01 to 2024-12-31

NORTH ED FOUNDATION, founded in 2023, is a small nonprofit in the Education sector that reported $398K in total revenue in fiscal year 2024. Revenue surged 372% from the prior year, signaling strong growth momentum. The organization ran a surplus of $393K, a strong 99% operating margin.

Mission

TO CONNECT THE GENEROSITY OF THE COMMUNITY WITH STUDENTS SERVED BY NORTHWEST EDUCATION SERVICES IN WAYS THAT SUPPORT THEIR AREAS OF NEED, GROWTH, EDUCATION AND CAREER GOALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $394,674

Program Service Revenue $0

Investment Income $3,816

Other Revenue $0

TOTAL REVENUE $398,490

Expense Breakdown

Grants Paid $1,587

Salaries & Benefits $0

Fundraising Expenses $2,368

Program Expenses $3,225

Other Expenses $4,026

TOTAL EXPENSES $5,613

Year-over-Year Comparison

	2024	2023	Change
Revenue	$398,490	$84,374	+3.7%
Expenses	$5,613	$635	+7.8%
Net Income	$392,877	$83,739	+3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
PATRICK LAMB	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUE ZELL	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KEVIN GAY	TREASURER	2.00	Officer Director	$0	$0	$0
KRIS WENDLAND	SECRETARY	2.00	Officer Director	$0	$0	$0
ABIGAIL BOSCO	DIRECTOR	2.00	Director	$0	$0	$0
KATHLEEN GUY	DIRECTOR	2.00	Director	$0	$0	$0
CHET JANIK	DIRECTOR	2.00	Director	$0	$0	$0
KARMIN OLDS	DIRECTOR	2.00	Director	$0	$0	$0
LISA THOMAS	DIRECTOR	2.00	Director	$0	$0	$0
NICK CEGLAREK	NON-VOTING 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	No data	No data	No data	No data
2024	$398,490	$5,613	$476,616	$392,877

NORTH ED FOUNDATION