SOMERSET ES EDUCATIONAL FOUNDATION (EIN 521870978) - 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

1994

Principal Officer

MICHELLE WEISS

Phone

3016424065

Tax Period

2023-07-01 to 2024-06-30

SOMERSET ES EDUCATIONAL FOUNDATION, founded in 1994, is a micro nonprofit in the Education sector that reported $67K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 22% operating margin.

Mission

TO IMPROVE SOMERSET ELEMENTARY SCHOOL BY RENOVATING PLAYING FIELDS, UPGRADING COMPUTERS AND SOFTWARE, PROVIDING FUNDS FOR CLASSROOM LIBRARIES AND TO SUPPORT EDUCATIONAL GOALS

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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 $62,719

Program Service Revenue $0

Investment Income $4,483

Other Revenue $0

TOTAL REVENUE $67,202

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,603

Other Expenses $52,576

TOTAL EXPENSES $52,576

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,202	$36,515	+0.8%
Expenses	$52,576	$16,468	+2.2%
Net Income	$14,626	$20,047	-0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HAYLEY BLUNDEN	SECRETARY	10.00	Officer	$0	$0	$0
JACKIE QUAN	PRESIDENT	10.00	Officer	$0	$0	$0
MICHELLE WEISS	TREASURER	10.00	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
2025	No data	No data	No data	No data
2024	$67,202	$52,576	$200,392	$14,626
2022	$42,988	$36,380	$165,729	$6,608
2021	$58,893	$59,823	$159,121	$-930
2020	$71,584	$56,895	$160,088	$14,689
2019	$71,507	$45,680	$145,601	$25,827

SOMERSET ES EDUCATIONAL FOUNDATION