CHELSEA EDUCATION FOUNDATION INC (EIN 412240509) - 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

2007

Legal Domicile

Principal Officer

Almi G Abeyta

Phone

6174664477

Tax Period

2025-01-01 to 2025-12-31

CHELSEA EDUCATION FOUNDATION INC, founded in 2007, is a micro nonprofit in the Education sector that reported $19K in total revenue in fiscal year 2025. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 11% operating deficit.

Mission

The general purpose of the Chelsea Education Foundation is to support Chelsea Public Schools. Activities include afterschool and enrichment programs, adult literacy programs, college readiness and savings programs and teacher recognition.

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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 $15,000

Program Service Revenue $0

Investment Income $4,401

Other Revenue $0

TOTAL REVENUE $19,401

Expense Breakdown

Grants Paid $21,094

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,094

Other Expenses $414

TOTAL EXPENSES $21,508

Year-over-Year Comparison

	2025	2024	Change
Revenue	$19,401	$135,199	-0.9%
Expenses	$21,508	$136,021	-0.8%
Net Income	$-2,107	$-822	+1.6%

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

$228,286

Total Directors

$340,686

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Almi G Abeyta	President and Director	0.75	Officer Director	$0	$0	$225,879
Daniel Mojica	Director	0.1	Director	$0	$0	$114,807
Gerald McCue	Assistant Treasurer	1.5	Officer	$0	$0	$2,407
Patrick Monkiewicz	Treasurer and Director	0.4	Officer Director	$0	$0	$0
Roseann Bongiovani	Secretary and Director	0.2	Officer Director	$0	$0	$0
Patricia Simboli	Director	0.1	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	$19,401	$21,508	$114,100	$-2,107
2024	$135,199	$136,021	$116,207	$-822
2023	$37,721	$42,249	$115,029	$-4,528
2022	$85,540	$115,590	$120,686	$-30,050
2021	$140,033	$142,482	$153,712	$-2,449
2020	$87,057	$80,396	$186,418	$6,661

CHELSEA EDUCATION FOUNDATION INC