NORTH MIAMI EDUCATIONAL FOUNDATION… - Form 990 Financial Data

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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

2012

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

NORTH MIAMI EDUCATIONAL FOUNDATION INC, founded in 2012, is a micro nonprofit in the Education sector that reported $39K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $96K exceeded revenue, resulting in a 149% operating deficit.

Mission

TO PROMOTE GOOD CITIZENSHIP AND LEADERSHIP QUALITIES IN DESERVING, AT RISK AND ECONOMICALLY DISADVANTAGED NORTH MIAMI RESIDENTS THROUGH THE ATTAINTMENT OF HIGHER EDUCATIONAL OPPORTUNITIES

Program Service Accomplishments

Program 1

Expenses: $95,000

IN 2023, THE FOUNDATION PROVIDED GRANTS TOTALING $95,258, INCLUDING $10,000 TO THE FIU FIRST GENERATION SCHOLARSHIP PROGRAM AND ANOTHER $85,000 IN INCREMENTALS OF $4,500 TO THIRTEEN DIFFERENT...

IN 2023, THE FOUNDATION PROVIDED GRANTS TOTALING $95,258, INCLUDING $10,000 TO THE FIU FIRST GENERATION SCHOLARSHIP PROGRAM AND ANOTHER $85,000 IN INCREMENTALS OF $4,500 TO THIRTEEN DIFFERENT STUDENTS, OF $2,500 TO EIGHT DIFFERENT STUDENTS, AND OF $6,500 TO ONE OTHER STUDENT OF NORTH MIAMI BASED ON ELIGIBILITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $25,433

Program Service Revenue $0

Investment Income $13,266

Other Revenue $0

TOTAL REVENUE $38,699

Expense Breakdown

Grants Paid $95,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $95,000

Other Expenses $1,219

TOTAL EXPENSES $96,219

Year-over-Year Comparison

	2023	2022	Change
Revenue	$38,699	$23,626	+0.6%
Expenses	$96,219	$108,471	-0.1%
Net Income	$-57,520	$-84,845	-0.3%

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

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
ANEISHA DANIEL	AT LARGE	1.00	Officer Director	$0	$0	$0
MIRIAM STEWART	DIRECTOR	1.00	Officer Director	$0	$0	$0
CHRISTOPHER SHINN	DIRECTOR	1.00	Officer Director	$0	$0	$0
PHILIPPE J NAPOLEON	DIRECTOR	1.00	Officer Director	$0	$0	$0
NYCE DANIEL	SECRETARY	1.00	Officer Director	$0	$0	$0
GEPSIE METELLUS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVEN MOLL	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAJOR A BRINSON	DIRECTOR	1.00	Officer Director	$0	$0	$0
CLARK REYNOLDS	TREASURER	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$38,699	$96,219	$765,686	$-57,520
2022	$23,626	$108,471	$717,416	$-84,845
2021	$28,741	$118,586	$959,447	$-89,845
2020	$46,177	$98,734	$912,221	$-52,557
2019	$31,589	$50,086	$867,791	$-18,497
2018	$82,507	$45,586	$744,828	$36,921

NORTH MIAMI EDUCATIONAL FOUNDATION INC