THOREAU COLLEGE INC (EIN 510573715) - 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

2006

Legal Domicile

Principal Officer

JACOB HUNDT

Phone

6086326420

Tax Period

2023-01-01 to 2023-12-31

THOREAU COLLEGE INC, founded in 2006, is a small nonprofit in the Education sector that reported $421K in total revenue in fiscal year 2023.

Mission

SHORT AND LONG TERM EDUCATIONAL PROGRAMS FOR YOUNG ADULTS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $138,322

Program Service Revenue $258,285

Investment Income $0

Other Revenue $24,823

TOTAL REVENUE $421,430

Expense Breakdown

Grants Paid $0

Salaries & Benefits $148,512

Fundraising Expenses $9,394

Program Expenses $353,000

Other Expenses $281,238

TOTAL EXPENSES $429,750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$421,430	$414,670	+0.0%
Expenses	$429,750	$431,476	0.0%
Net Income	$-8,320	$-16,806	-0.5%

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

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

$55,000

Total Directors

$30,985

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACOB HUNDT	EXECUTIVE DIRECTOR	40.00	Officer	$33,000	$0	$33,000
MARY E FRANKLIN	SECRETARY	25.00	Officer Director	$22,000	$0	$22,000
LIAM MCGILLIGAN	DIRECTOR	10.00	Director	$4,539	$0	$4,539
ELIZABETH WILDHACK	DIRECTOR	10.00	Director	$4,446	$0	$4,446
HAL BERGAN	DIRECTOR	1.00	Director	$0	$0	$0
DR MOLLY DOANE	DIRECTOR	1.00	Director	$0	$0	$0
SUE NOBLE	DIRECTOR	1.00	Director	$0	$0	$0
JULIE TOMARO	PRESIDENT	1.00	Officer Director	$0	$0	$0
VINCE HUNDT	TREASURER	1.00	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	$421,430	$429,750	$12,991	$-8,320
2022	$414,670	$431,476	$23,792	$-16,806
2021	$352,870	$385,169	$43,004	$-32,299

THOREAU COLLEGE INC