FOUNDATION FOR TEACHING ECONOMICS (EIN 510183347) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

ROGER R REAM

Phone

5307574630

Tax Period

2021-09-01 to 2022-08-31

FOUNDATION FOR TEACHING ECONOMICS, founded in 1975, is a small nonprofit in the Youth Development sector that reported $146K in total revenue in fiscal year 2021. Revenue surged 398% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE FTE IS TO PROVIDE FUNDING TO INTRODUCE YOUNG INDIVIDUALS, SELECTED FOR THEIR LEADERSHIP POTENTIAL, TO AN ECONOMIC WAY OF THINKING ABOUT NATIONAL AND INTERNATIONAL ISSUES, AND TO PROMOTE EXCELLENCE IN ECONOMIC EDUCATION BY HELPING TEACHERS OF ECONOMICS BECOME MORE EFFECTIVE EDUCATORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $145,824

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,824

Expense Breakdown

Grants Paid $110,100

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $110,100

Other Expenses $44,343

TOTAL EXPENSES $154,443

Year-over-Year Comparison

	2021	2020	Change
Revenue	$145,824	$29,310	+4.0%
Expenses	$154,443	$50,275	+2.1%
Net Income	$-8,619	$-20,965	-0.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$827,583

Total Directors

$626,057

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROGER REAM	PRESIDENT	1.00	Officer Director	$0	$26,395	$406,729
STEVE SLATTERY	SECRETARY	1.00	Officer Director	$0	$27,949	$219,328
DEAN ZARRAS	TREASURER	1.00	Officer Director	$0	$0	$0
FRANK LAUINGER	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ROBERT J CALLAHAN	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$30,310	$201,526

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
2022	$145,824	$154,443	$14,516	$-8,619
2021	$29,310	$50,275	$23,135	$-20,965
2020	$252,428	$394,898	$44,100	$-142,470
2019	$229,104	$1,509,596	$186,570	$-1,280,492
2018	$2,228,468	$2,710,075	$1,517,366	$-481,607

FOUNDATION FOR TEACHING ECONOMICS