FOSPEINC (EIN 472871969) - 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

2015

Legal Domicile

Principal Officer

VEDANT MIMANI

Phone

7864962484

Tax Period

2024-07-01 to 2025-06-30

FOSPEINC, founded in 2015, is a small nonprofit in the Education sector that reported $425K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $409K left a modest 4% surplus.

Mission

FOSPE, INC. WAS ESTABLISHED IN JANUARY 2015 AND IS A 501(C)(3) DESIGNATEDNON PROFIT ENTITY. FOSPE'S MISSION IS TO RAISE FUNDS AND WORK IN CLOSECOOPERATION WITH SOUTH POINTE ELEMENTARY PRINCIPAL/FACULTY AND ADMINISTRATION TO EXPAND CURRICULAR ENRICHMENT, EDUCATIONAL INITIATIVES AND CLASSROOM SUPPORT FOR THE BENEFIT OF THE CHILDREN AT SOUTH POINTEELEMENTARY.OUR PARENT DRIVEN VOLUNTEER ORGANIZATION AIMS TO RAISE FUNDS AND PROVIDE SOUTH POINTE ELEMENTARY PUBLIC SCHOOL WITH CURRICULAR ENRICHMENT, EDUCATIONAL INITIATIVE AND CLASSROOM SUPPORT.FOSPE, INC. IS COMPRISED OF FRIENDS, FAMILY, NEIGHBORS AND COLLEAGUES WHO SHARE A CORE BELIEF: OUR COMMUNITY IS WHAT WE MAKE IT.OUR GOAL: TO GIVE EVERY CHILD THE OPPORTUNITY TO SUCCEED IN A SAFE,PROFESSIONAL, CARING, AND COMPASSIONATE SCHOOL ENVIRONMENT WHILE EMPOWERING THEM WITH PRODUCTIVE LEARNING TO HELP THEM ACHIEVE SUCCESS IN LIFE.

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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 $17,693

Program Service Revenue $377,997

Investment Income $0

Other Revenue $29,216

TOTAL REVENUE $424,906

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $9,538

Program Expenses $390,232

Other Expenses $408,617

TOTAL EXPENSES $408,617

Year-over-Year Comparison

	2024	2023	Change
Revenue	$424,906	$469,495	-0.1%
Expenses	$408,617	$478,373	-0.1%
Net Income	$16,289	$-8,878	-2.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEATRIZ ARSENAULT	DIRECTOR	10.00	Director	$0	$0	$0
VEDANT MIMANI	PRESIDENT	10.00	Officer Director	$0	$0	$0
MICHAEL DULARIDZE	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW PENDER	DIRECTOR	2.00	Director	$0	$0	$0
JONATHAN ROTHMAN	DIRECTOR	2.00	Director	$0	$0	$0
SARAH WRIGHT	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS LENTZ	DIRECTOR	1.00	Director	$0	$0	$0
BETO GUERRERO	DIRECTOR	2.00	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	$424,906	$408,617	$145,331	$16,289
2024	$469,495	$478,373	$130,666	$-8,878
2023	$548,410	$551,788	$137,366	$-3,378
2022	$372,203	$317,780	$139,228	$54,423
2021	$51,353	$59,741	$87,205	$-8,388
2020	$391,091	$322,407	$95,593	$68,684
2019	$446,640	$476,302	$29,365	$-29,662

FOSPEINC