Foundation for Educational Development Inc

EIN: 521929345 501(c)(3) Education

Baltimore, MD

Total Revenue
$479,712
Total Expenses
$699,051
Total Assets
$515,696
Net Assets
$515,696
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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
1995
Legal Domicile
MD
Principal Officer
Tyrone D Taborn
Phone
4102447101
Tax Period
2025-01-01 to 2025-12-31

Foundation for Educational Development Inc, founded in 1995, is a small nonprofit in the Education sector that reported $480K in total revenue in fiscal year 2025. Expenses of $699K exceeded revenue, resulting in a 46% operating deficit.

Mission

Educational Seminars in STEM for Disadvantaged Youth

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $479,712
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $479,712

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $512,782
Other Expenses $687,051
TOTAL EXPENSES $699,051

Year-over-Year Comparison

2025 2024 Change
Revenue $479,712 $462,275 +0.0%
Expenses $699,051 $211,519 +2.3%
Net Income $-219,339 $250,756 -1.9%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tyrone D Taborn Chairman 5.00
Director
$0 $0 $0
Gwenneth Ferraro Board Member 1.00
Director
$0 $0 $0
Jem Pagan Board Member 1.00
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 $479,712 $699,051 $515,696 $-219,339
2024 $462,275 $211,519 $735,035 $250,756
2023 $255,457 $243,537 $484,279 $11,920
2022 $447,282 $361,683 $472,359 $85,599
2021 $108,013 $116,368 $386,760 $-8,355
2020 $336,964 $82,833 $395,115 $254,131
2019 $205,311 $82,655 $144,484 $122,656
2018 $166,800 $282,490 $31,378 $-115,690
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