BIC EDUCATIONAL FOUNDATION

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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

1978

Legal Domicile

Principal Officer

HAROLD GRAUL

Phone

4103408039

Tax Period

2020-07-01 to 2021-06-30

BIC EDUCATIONAL FOUNDATION, founded in 1978, is a small nonprofit in the Education sector that reported $179K in total revenue in fiscal year 2020. Revenue decreased 10% compared to the prior year. Expenses of $481K exceeded revenue, resulting in a 168% operating deficit.

Mission

TO PROVIDE CHARITABLE SUPPORT TO STUDENTS PURSURING CAREERS IN THE HOSPITALITY INDUSTRY BY PROVIDING SCHOLARSHIPS TO ELIGIBLE STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $481,081 Revenue: $0

PROVIDED SCHOLARSHIPS FOR STUDENTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $179,367

Other Revenue $0

TOTAL REVENUE $179,367

Expense Breakdown

Grants Paid $236,476

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $481,081

Other Expenses $244,605

TOTAL EXPENSES $481,081

Year-over-Year Comparison

	2020	2019	Change
Revenue	$179,367	$198,634	-0.1%
Expenses	$481,081	$679,811	-0.3%
Net Income	$-301,714	$-481,177	-0.4%

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
STUART AMOS	TRUSTEE	1	Director	$0	$0	$0
PAUL SAVAL	TRUSTEE	1	Director	$0	$0	$0
RICHARD ROE	TRUSTEE	1	Director	$0	$0	$0
HAROLD GRAUL	CHAIRMAN	1	Officer	$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
2021	$179,367	$481,081	$14,525,331	$-301,714