FARWISE INC (EIN 460587871) - 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

2012

Legal Domicile

Principal Officer

PAMELA MANN

Phone

2084509559

Tax Period

2024-07-01 to 2025-06-30

FARWISE INC, founded in 2012, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.8M left a modest 14% surplus.

Mission

TO PROVIDE ACADEMIC SUPPORT AND EXPERIENTIAL EDUCATION FOR STUDENTS FROM EARLY ELEMENTARY THROUGH MIDDLE, HIGH SCHOOL AND BEYOND, AND BY REMOVING FINANCIAL AND OTHER BARRIERS, ENSURES THAT ALL STUDENTS CAN ACHIEVE THIER EDUCATION, CAREER AND LIFE GOALS.

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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 $1,963,164

Program Service Revenue $0

Investment Income $106,726

Other Revenue $50,341

TOTAL REVENUE $2,120,231

Expense Breakdown

Grants Paid $60,227

Salaries & Benefits $1,267,596

Fundraising Expenses $130,773

Program Expenses $1,506,443

Other Expenses $496,859

TOTAL EXPENSES $1,824,682

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,120,231	$1,734,335	+0.2%
Expenses	$1,824,682	$1,252,669	+0.5%
Net Income	$295,549	$481,666	-0.4%

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

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

$138,073

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA MANN	CHAIRMAN	10.00	Officer Director	$0	$0	$0
PETER BECKER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
LYNN TOWNSEND-WHITE	TREASURER	2.00	Officer Director	$0	$0	$0
MARY BACHMAN	SECRETARY	2.00	Officer Director	$0	$0	$0
JACK BUNCE	DIRECTOR	1.00	Director	$0	$0	$0
QUIN CURRAN	DIRECTOR	1.00	Director	$0	$0	$0
JACOB GREENBERG	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR GIBSON-ULLMAN	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
JON MAKSIK	DIRECTOR	2.00	Director	$0	$0	$0
KIM PERTEL	DIRECTOR	3.00	Director	$0	$0	$0
BEVERLEY ROBINSON	DIRECTOR	2.00	Director	$0	$0	$0
BRENT ROBINSON	DIRECTOR	2.00	Director	$0	$0	$0
LAURA ROSE-LEWIS	EXECUTIVE DI	40.00	Officer	$138,073	$0	$138,073
BARBARA SILVER	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE WALLACE	DIRECTOR	1.00	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	$2,120,231	$1,824,682	$3,629,970	$295,549
2024	$1,734,335	$1,252,669	$3,096,890	$481,666
2023	$1,574,585	$853,715	$2,229,942	$720,870
2022	$1,141,817	$520,405	$1,335,061	$621,412
2021	$664,828	$268,135	$839,615	$396,693
2020	$255,552	$191,347	$467,809	$64,205
2019	$278,196	$140,929	$375,648	$137,267

FARWISE INC