WINGS EDUCATIONAL FOUNDATION (EIN 431609475) - 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

1992

Legal Domicile

Principal Officer

Brad Mitchell

Phone

6362312000

Tax Period

2024-07-01 to 2025-06-30

WINGS EDUCATIONAL FOUNDATION, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $267K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $146K, a strong 55% operating margin.

Mission

The mission of the Foundation is to strive to open new doors of opportunity for students by providing the necessary funds to support programs which are not or cannot be funded by the Washington School District.

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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 (2024)

Revenue Breakdown

Contributions & Grants $24,937

Program Service Revenue $0

Investment Income $157,003

Other Revenue $85,175

TOTAL REVENUE $267,115

Expense Breakdown

Grants Paid $105,492

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,839

Other Expenses $15,152

TOTAL EXPENSES $120,644

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,115	$217,833	+0.2%
Expenses	$120,644	$78,167	+0.5%
Net Income	$146,471	$139,666	+0.0%

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

$4,420

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Susan Harms	Secretary	2.00	Officer	$4,420	$0	$4,420
Brad Mitchell	Chairman	2.00	Officer	$0	$0	$0
Dr Jane Reed	Director	2.00	Officer	$0	$0	$0
Casey Zastrow	Treasurer	2.00	Officer	$0	$0	$0
Lauren Storie	Director	2.00	Officer	$0	$0	$0
Gretchen Homeyer	Director	2.00	Officer	$0	$0	$0
Joyce Jones	Director	2.00	Officer	$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	$267,115	$120,644	$2,048,962	$146,471
2024	$217,833	$78,167	$1,865,242	$139,666
2023	$132,301	$96,435	$1,614,392	$35,866
2022	$287,201	$108,576	$1,420,981	$178,625
2021	$173,262	$94,352	$1,627,275	$78,910
2020	$88,368	$86,940	$1,271,569	$1,428
2019	$312,360	$76,087	$1,240,269	$236,273

WINGS EDUCATIONAL FOUNDATION