THE FREDERICK B ABRAMSON MEMORIAL FOUNDATION (EIN 521800184) - 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

1991

Legal Domicile

Phone

2024705425

Tax Period

2024-07-01 to 2025-06-30

THE FREDERICK B ABRAMSON MEMORIAL FOUNDATION, founded in 1991, is a small nonprofit that reported $431K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $390K left a modest 9% surplus.

Mission

THE ABRAMSON SCHOLARSHIP FOUNDATION PROVIDES CRITICAL FINANCIAL ASSISTANCE AND COMPREHENSIVE MENTORING TO PROMISING DC PUBLIC HIGH SCHOOL GRADUATES ATTENDING FOUR-YEAR COLLEGES. OUR PROGRAM EMPLOYS A TWO-FOLD APPROACH TO ACCOMPLISH THE MISSION. FIRST, WE PROVIDE TIMELY FINANCIAL ASSISTANCE TO STUDENTS WHO MIGHT NOT BE ABLE TO ATTEND COLLEGE WITHOUT OUR HELP. SECOND, AND EQUALLY IMPORTANT, WE PROVIDE THESE STUDENTS WITH PERSONAL AND PROFESSIONAL GUIDANCE THROUGH INDIVIDUAL MENTORS AND PROGRAMS IN ORDER TO FOSTER THEIR ACADEMIC SUCCESS, EMOTIONAL GROWTH AND PROFESSIONAL DEVELOPMENT. THIS APPROACH ENABLES THE FOUNDATION TO SUPPORT OUR SCHOLARS THROUGH ALL FOUR YEARS OF COLLEGE AND BEYOND.

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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 (2024)

Revenue Breakdown

Contributions & Grants $415,152

Program Service Revenue $0

Investment Income $15,674

Other Revenue $0

TOTAL REVENUE $430,826

Expense Breakdown

Grants Paid $165,730

Salaries & Benefits $158,062

Fundraising Expenses $53,844

Program Expenses $274,902

Other Expenses $66,271

TOTAL EXPENSES $390,063

Year-over-Year Comparison

	2024	2023	Change
Revenue	$430,826	$390,876	+0.1%
Expenses	$390,063	$349,565	+0.1%
Net Income	$40,763	$41,311	0.0%

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

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

$102,250

Total Directors

$102,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRIE MOORMAN	Executive Dir.	40.00	Officer Director	$102,250	$0	$102,250
LISA GUNTY	Director	4.00	Director	$0	$0	$0
BRUCE CHARENDOFF	Director	4.00	Director	$0	$0	$0
DIONA HOWARD-NICOLAS	Vice President	4.00	Officer Director	$0	$0	$0
CARMEN BANERJEE	Director	4.00	Director	$0	$0	$0
RON BANERJEE	Director	0.00	Director	$0	$0	$0
SUSAN FRIEDMAN	Director	4.00	Director	$0	$0	$0
DEBORAH BLACKHURST DODDY	Director	4.00	Director	$0	$0	$0
MARCIA BOYLE	Director	4.00	Director	$0	$0	$0
LORI MCFARLING	Director	4.00	Director	$0	$0	$0
MICHELLE VASQUEZ	Director	4.00	Director	$0	$0	$0
JESSICA CLARK	Secretary	4.00	Officer Director	$0	$0	$0
DAVID LEVIE	Director	4.00	Director	$0	$0	$0
SALLY SHEA	Director	4.00	Director	$0	$0	$0
JIE WANG	Treasurer	4.00	Officer Director	$0	$0	$0
DAVID SMITH	Director	4.00	Director	$0	$0	$0
EMILE THOMPSON	Director	4.00	Director	$0	$0	$0
DAVID E LOWE	Director	4.00	Director	$0	$0	$0
PAMELA TALKIN	President	4.00	Officer Director	$0	$0	$0
ROGER SANCHEZ	Director	4.00	Director	$0	$0	$0
MARGARET SIMMS	Director	4.00	Director	$0	$0	$0
ROGER SULLIVAN	Director	4.00	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
2025	$430,826	$390,063	$1,043,009	$40,763
2024	$390,876	$349,565	$937,189	$41,311
2023	$293,112	$326,236	$847,966	$-33,124
2022	$371,735	$242,318	$839,661	$129,417
2021	$314,048	$291,455	$755,994	$22,593
2020	$260,866	$227,927	$720,143	$32,939
2019	$274,006	$248,908	$682,742	$25,098
2018	$245,950	$229,340	$629,004	$16,610

THE FREDERICK B ABRAMSON MEMORIAL FOUNDATION