NORTHWOOD EDUCATION FOUNDATION INC

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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

MIKE MEYER

Phone

7153764564

Tax Period

2025-01-01 to 2025-12-31

NORTHWOOD EDUCATION FOUNDATION INC, founded in 1994, is a small nonprofit in the Education sector that reported $183K in total revenue in fiscal year 2025. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $152K, a strong 83% operating margin.

Mission

FURTHER EDUCATIONAL PROGRAMS OF NORTHWOOD SCHOOL DISTRICT

Program Service Accomplishments

Program 1

Expenses: $29,453 Revenue: $57,587

OUR VISION IS A COMMUNITY WHERE OUR STUDENTS HAVE THE OPPORTUNITIES TO ACHIEVE THEIR FULL POTENTIAL IN A GLOBAL SOCIETY. TO BRING THAT VISION INTO REALITY, WE PROVIDE FINANCIAL RESOURCES TO FUND...

OUR VISION IS A COMMUNITY WHERE OUR STUDENTS HAVE THE OPPORTUNITIES TO ACHIEVE THEIR FULL POTENTIAL IN A GLOBAL SOCIETY. TO BRING THAT VISION INTO REALITY, WE PROVIDE FINANCIAL RESOURCES TO FUND SUPERIOR EDUCATION AND VARIED WORLD EXPERIENCES INCLUDING, BUT NOT LIMITED TO, ACADEMICS, MUSIC, ATHLETICS, ARTS, AND CIVIC ACTIVITIES FOR CHILDREN IN THE NORTHWOOD SCHOOL DISTRICT. TOWARD THAT END THE NORTHWOOD EDUCATION FOUNDATION HAS CONTRIBUTED MORE THAN A $1,000,000 IN PROJECT AND PROGRAM FUNDING SINCE ITS INCEPTION IN 1994.

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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 $111,789

Program Service Revenue $0

Investment Income $49,145

Other Revenue $21,597

TOTAL REVENUE $182,531

Expense Breakdown

Grants Paid $23,132

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,453

Other Expenses $7,352

TOTAL EXPENSES $30,484

Year-over-Year Comparison

	2025	2024	Change
Revenue	$182,531	$76,771	+1.4%
Expenses	$30,484	$52,120	-0.4%
Net Income	$152,047	$24,651	+5.2%

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
MIKE MEYER	PRESIDENT	20.00	Officer Director	$0	$0	$0
GERI SCHELLER	DIRECTOR	10.00	Director	$0	$0	$0
BEN SORENSEN	CO-TREASURER	10.00	Officer Director	$0	$0	$0
KEVIN PAGOREK	VICE PRESIDENT	20.00	Officer Director	$0	$0	$0
ANGELA RADZAK	DIRECTOR	10.00	Director	$0	$0	$0
LORI ADRIHAN	DIRECTOR	10.00	Director	$0	$0	$0
KATIE DENNINGER	DIRECTOR	10.00	Director	$0	$0	$0
ALICIA HAILEY	SECRETARY	10.00	Officer Director	$0	$0	$0
MARY DOIG	CO-TREASURER	10.00	Officer Director	$0	$0	$0
MICHELA BRISKY	DIRECTOR	10.00	Director	$0	$0	$0
ADRIENNE SATHER	SCHOOL BOARD REP	10.00	Officer 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	$182,531	$30,484	$1,681,472	$152,047
2024	No data	No data	No data	No data
2023	$69,773	$25,406	$1,281,809	$44,367
2022	$325,935	$37,054	$1,142,060	$288,881
2021	$52,930	$32,641	$1,019,374	$20,289
2020	$105,674	$45,756	$909,955	$59,918
2019	$147,525	$47,206	$826,264	$100,319
2018	$43,088	$52,042	$616,179	$-8,954