EDUCATIONAL FOUNDATION FOR STUDENTS WHO LEARN DIFFERENTLY INC (EIN 454058184) - 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

2011

Legal Domicile

Principal Officer

LOUISE R SLATER

Phone

8037990181

Tax Period

2024-01-01 to 2024-12-31

EDUCATIONAL FOUNDATION FOR STUDENTS WHO LEARN DIFFERENTLY INC, founded in 2011, is a micro nonprofit that reported $52K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $3.3M exceeded revenue, resulting in a 6267% operating deficit.

Mission

THE MISSION OF THE EDUCATIONAL FOUNDATION FOR STUDENTS WHO LEARN DIFFERENTLY, INC. IS TO PROVIDE FINANCIAL SUPPORT TO ENHANCE THE ACTIVITIES OF GLENFOREST SCHOOL, A 501(C)(3) ORGANIZATION.

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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 $0

Program Service Revenue $50,000

Investment Income $1,772

Other Revenue $0

TOTAL REVENUE $51,772

Expense Breakdown

Grants Paid $3,190,578

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,280,770

Other Expenses $105,992

TOTAL EXPENSES $3,296,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$51,772	$61,820	-0.2%
Expenses	$3,296,570	$165,601	+18.9%
Net Income	$-3,244,798	$-103,781	+30.3%

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	Role	Reportable Comp	Other Comp	Total
IRENE B GILLESPIE	SECRETARY/TREASURER	Officer Director	$0	$0	$0
MAY PEACH	DIRECTOR	Director	$0	$0	$0
LOUISE R SLATER	PRESIDENT	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
2024	$51,772	$3,296,570	No data	$-3,244,798
2023	$61,820	$165,601	$4,146,977	$-103,781
2022	$60,433	$163,127	$4,250,758	$-102,694
2021	$60,009	$163,127	$4,353,452	$-103,118
2020	$60,070	$163,127	$4,456,570	$-103,057
2019	$60,866	$163,126	$4,559,627	$-102,260
2018	$60,643	$163,127	$4,661,887	$-102,484

EDUCATIONAL FOUNDATION FOR STUDENTS WHO LEARN DIFFERENTLY INC