FOR THE CHILDREN FOUNDATION (EIN 510544343) - 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

2005

Legal Domicile

Principal Officer

WAYNE TESCH

Phone

7144382494

Tax Period

2023-01-01 to 2023-12-31

FOR THE CHILDREN FOUNDATION, founded in 2005, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $51K in total revenue in fiscal year 2023. Expenses of $70K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE ORGANIZATION WAS FORMED SPECIFICALLY TO DISTRIBUTE FUNDS TO AND FOR THEBENEFIT OF FOR THE CHILDREN (ROYAL FAMILY KIDS, INC.)

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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 $12,500

Program Service Revenue $0

Investment Income $38,866

Other Revenue $0

TOTAL REVENUE $51,366

Expense Breakdown

Grants Paid $60,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,000

Other Expenses $9,524

TOTAL EXPENSES $69,524

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,366	$-19,295	-3.7%
Expenses	$69,524	$410	+168.6%
Net Income	$-18,158	$-19,705	-0.1%

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

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
LETTIE BOGGS COWIE	CHAIRMAN	2.00	Officer Director	$0	$0	$0
REBECCA CAPTAIN	DIRECTOR	2.00	Director	$0	$0	$0
GUNNAR GUSTAFSON	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
WAYNE TESCH	PRESIDENT	2.00	Officer 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
2024	No data	No data	No data	No data
2023	$51,366	$69,524	$1,039,640	$-18,158
2022	$-19,295	$410	$1,009,769	$-19,705
2021	$71,731	$22,362	$1,230,026	$49,369
2020	$-6,815	$116,064	$1,056,914	$-122,879
2019	$48,551	$18,539	$1,135,842	$30,012
2018	$331,523	$50,692	$965,785	$280,831

FOR THE CHILDREN FOUNDATION