TL EDWARDS FOUNDATION INC

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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

2013

Legal Domicile

Principal Officer

TERRANCE L EDWARDS

Phone

9546544586

Tax Period

2023-01-01 to 2023-12-31

TL EDWARDS FOUNDATION INC, founded in 2013, is a small nonprofit that reported $162K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum.

Mission

OUTREACH PROGRAMS TO THE PUBLIC IN NEED

Program Service Accomplishments

Program 1

Expenses: $20,000

FOOD BANK

Program 2

Expenses: $35,166

SCHOOL SUPPLIES AND ACCESSORIES INTERNET COST FOR ONLINE SCHOOL STUDENTS SNEAKERS FOR KIDS OF HOMELESS FAMILIES

Program 3

Expenses: $30,000

TEMPORARY SHELTER

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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 $162,440

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $162,440

Expense Breakdown

Grants Paid $85,166

Salaries & Benefits $30,000

Fundraising Expenses $0

Program Expenses $85,166

Other Expenses $48,060

TOTAL EXPENSES $163,226

Year-over-Year Comparison

	2023	2022	Change
Revenue	$162,440	$98,000	+0.7%
Expenses	$163,226	$89,000	+0.8%
Net Income	$-786	$9,000	-1.1%

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

N/A

Employees

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

$30,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRANCE L EDWARDS	PRESIDENT	5.000	Officer	$30,000	$0	$30,000
NICOLETTE OLIVER INGRAHAM	VICEPRESIDENT	3.000	Officer	$0	$0	$0
SHATROYIA PHILLIP	SECRETARY	4.000	Officer	$0	$0	$0
SUSY SEQUELLA-SCOTT	TREASURER	2.000	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
2023	$162,440	$163,226	$199,364	$-786
2022	$98,000	$89,000	$200,150	$9,000