FOUNDATION FOR ACADEMIC ENDEAVORS

EIN: 474347441 501(c)(3) Education

MT VERNON, WA

Total Revenue
$555,780
Total Expenses
$923,536
Total Assets
$129,713
Net Assets
$129,328
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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
Principal Officer
CAROL RODIN
Phone
3609268104
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR ACADEMIC ENDEAVORS, founded in 2015, is a small nonprofit in the Education sector that reported $556K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $924K exceeded revenue, resulting in a 66% operating deficit.

Mission

THE FOUNDATION FOR ACADEMIC ENDEAVORS PROVIDES BROAD COMMUNITY SUPPORT FOR EMPOWERING ACADEMIC EXPERIENCES FOR UNDER-RESOURCED CHILDREN, FUTURE EDUCATORS AND THEIR FAMILIES. THE FOUNDATION FOR ACADEMIC ENDEAVORS COLLECTIVELY BREAKS DOWN BARRIERS TO EDUCATIONAL ACHIEVEMENT FOR DIVERSE STUDENTS, EDUCATORS AND FAMILIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $532,983
Program Service Revenue $14,194
Investment Income $8,603
Other Revenue $0
TOTAL REVENUE $555,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $502,887
Fundraising Expenses $13,564
Program Expenses $687,832
Other Expenses $420,649
TOTAL EXPENSES $923,536

Year-over-Year Comparison

2024 2023 Change
Revenue $555,780 $1,010,168 -0.4%
Expenses $923,536 $880,723 +0.0%
Net Income $-367,756 $129,445 -3.8%
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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Governance

Voting Members
6
Independent Members
6
Employees
42
Volunteers
90

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
5
$184,004
Total Directors
5
$184,004
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA CAILLOUX TREASURER 1.00
Officer Director
$0 $0 $0
SANDRA SANCHEZ DAVILA DIRECTOR 1.00
Director
$0 $0 $0
MARCO MARTINEZ BOARD CHAIRM 1.00
Officer
$0 $0 $0
FLOR ZAMORANO BELTRAN VICE PRESIDE 1.00
Officer
$0 $0 $0
DAISY PADILLA TORRES DIRECTOR 1.00
Director
$0 $0 $0
CAROL RODIN CO-EXEC. DIR 1.00
Officer Director
$91,868 $0 $91,868
DANIA JARAMILLO CO-EXEC. DIR 1.00
Officer Director
$92,136 $0 $92,136
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
2024 $555,780 $923,536 $129,713 $-367,756
2023 $1,010,168 $880,723 $497,477 $129,445
2022 $865,660 $643,029 $368,359 $222,631
2021 $530,554 $610,023 $145,169 $-79,469
2020 $281,374 $182,409 $230,015 $98,965
2019 $455,417 $461,621 $127,581 $-6,204
2018 $440,090 $395,046 $132,036 $45,044
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