WASHBURN COMMUNITY EDUCATION FOUNDATION INC (EIN 391933787) - 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

1999

Legal Domicile

Principal Officer

MARNE GORMAN-BELANGER

Phone

7153735533

Tax Period

2018-01-01 to 2018-12-31

WASHBURN COMMUNITY EDUCATION FOUNDATION INC, founded in 1999, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $61K in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $29K, a strong 47% operating margin.

Mission

THE WASHBURN COMMUNITY EDUCATION FOUNDATION SEEKS TO PROVIDE FINANCIAL SUPPORT FOR CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS BEYOND THE FORMAL FUNDING RESPONSIBILITY OF THE SCHOOL DISTRICT.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $5,400

Program Service Revenue $0

Investment Income $53,935

Other Revenue $1,946

TOTAL REVENUE $61,281

Expense Breakdown

Grants Paid $29,904

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,850

Other Expenses $2,447

TOTAL EXPENSES $32,351

Year-over-Year Comparison

	2018	2017	Change
Revenue	$61,281	$53,142	+0.2%
Expenses	$32,351	$27,607	+0.2%
Net Income	$28,930	$25,535	+0.1%

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
MARNE GORMAN-BELANGER	CO-PRESIDENT	N/A	Officer Director	$0	$0	$0
SUE BLONG	CO-PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHN P ANDERSON	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MICHAEL JACKSON	TREASURER	N/A	Officer Director	$0	$0	$0
NORMA LIEN	SECRETARY	N/A	Officer Director	$0	$0	$0
DR THOMAS WIATR	DIRECTOR	N/A	Director	$0	$0	$0
LINDA COLEMAN	DIRECTOR	N/A	Director	$0	$0	$0
TRAVIS TULOWITZKY	DIRECTOR	N/A	Director	$0	$0	$0
IRENE BLAKELEY	DIRECTOR	N/A	Director	$0	$0	$0
MIHAILO LALICH	DIRECTOR	N/A	Director	$0	$0	$0
PATTI FENNER-LEINO	DIRECTOR	N/A	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
2018	$61,281	$32,351	$1,036,702	$28,930

WASHBURN COMMUNITY EDUCATION FOUNDATION INC