The Foundation for Student Success Inc co NCHEMS

EIN: 465508708 501(c)(3)

Boulder, CO

Total Revenue
$224
Total Expenses
$240,184
Total Assets
$1,262,666
Net Assets
$1,262,666
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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
2014
Legal Domicile
NC
Principal Officer
Sally Johnstone
Phone
4157171667
Tax Period
2020-01-01 to 2020-12-31

The Foundation for Student Success Inc co NCHEMS, founded in 2014, is a micro nonprofit that reported $224 in total revenue in fiscal year 2020. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $240K exceeded revenue, resulting in a 107125% operating deficit.

Mission

To support postsecondary institutions to achieve greater student success and reduce equity gaps through comprehensive campus culture-change strategies.

Program Service Accomplishments

Program 1
Expenses: $168,544

Our program services promote research and expert guidance in the field of higher education that results in better success for all students and reductions of equity gaps among different student...

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Our program services promote research and expert guidance in the field of higher education that results in better success for all students and reductions of equity gaps among different student populations.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $224
Other Revenue $0
TOTAL REVENUE $224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $168,544
Other Expenses $240,184
TOTAL EXPENSES $240,184

Year-over-Year Comparison

2020 2019 Change
Revenue $224 $10,838 -1.0%
Expenses $240,184 $490,103 -0.5%
Net Income $-239,960 $-479,265 -0.5%
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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Governance

Voting Members
11
Independent Members
10
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
4
$292,772
Total Directors
11
$292,772
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sally Johnstone Executive Dir. 5.00
Officer Director
$0 $40,072 $292,772
Diane P Dubois Chairman 2.00
Officer Director
$0 $0 $0
Kenneth Pepion Director 1.00
Director
$0 $0 $0
Francisco Hernandez Director 1.00
Director
$0 $0 $0
Alvin Schexnider Director 1.00
Director
$0 $0 $0
Jamienne Studley Director 1.00
Director
$0 $0 $0
Dennis Jones Vice President 1.00
Officer Director
$0 $0 $0
Michael K Thomas Secretary 1.00
Officer Director
$0 $0 $0
Jan Yoshiwara Director 1.00
Director
$0 $0 $0
Amanda Quintero Director 1.00
Director
$0 $0 $0
Linda Thor 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
2020 $224 $240,184 $1,262,666 $-239,960
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