SULTANA EDUCATION FOUNDATION INC (EIN 522021091) - 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

1997

Legal Domicile

Principal Officer

ROBERT HINDMAN

Phone

4107785954

Tax Period

2023-01-01 to 2023-12-31

SULTANA EDUCATION FOUNDATION INC, founded in 1997, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $637K, a strong 28% operating margin.

Mission

TO PROVIDE TRANSFORMATIVE EDUCATIONAL EXPERIENCES THAT INVESTIGATE THE NATURAL AND HUMAN HISTORY OF THE CHESAPEAKE BAY WHILE EXPLORING SOLUTIONS FOR CREATING A MORE SUSTAINABLE ECOSYSTEM

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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 $1,636,803

Program Service Revenue $562,427

Investment Income $109,373

Other Revenue $0

TOTAL REVENUE $2,308,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $985,579

Fundraising Expenses $243,846

Program Expenses $1,153,000

Other Expenses $686,045

TOTAL EXPENSES $1,671,624

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,308,603	$1,636,836	+0.4%
Expenses	$1,671,624	$1,454,611	+0.1%
Net Income	$636,979	$182,225	+2.5%

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

120

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

$89,409

Total Directors

$89,409

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DREW MCMULLEN	EXECUTIVE DIRECTOR	040.00	Officer Director	$88,652	$757	$89,409
CHRISTIAN HAVEMEYER	IMMEDIATE PAST CHAIR	001.00	Officer Director	$0	$0	$0
ROBERT HINDMAN	CHAIR	001.00	Officer Director	$0	$0	$0
LYLE FEISEL	SECRETARY	001.00	Officer Director	$0	$0	$0
WALLACE REYNOLDS	DIRECTOR	001.00	Director	$0	$0	$0
JOYCE HUBER	FOUNDING BOARD CHAIR	001.00	Officer Director	$0	$0	$0
J TAYLOR BUCKLEY	DIRECTOR	001.00	Director	$0	$0	$0
DIANE CAMPER	DIRECTOR	001.00	Director	$0	$0	$0
DAVID CANTERA	DIRECTOR	001.00	Director	$0	$0	$0
AARON GABRIELIAN	DIRECTOR	001.00	Director	$0	$0	$0
BROOKE HARWOOD	VICE PRESIDENT	001.00	Officer Director	$0	$0	$0
PATTI HEGLAND	DIRECTOR	001.00	Director	$0	$0	$0
DONALD HEWES	DIRECTOR	001.00	Director	$0	$0	$0
SAMANTHA HOLLOMON	DIRECTOR	001.00	Director	$0	$0	$0
NANCY WALKER LOW	DIRECTOR	001.00	Director	$0	$0	$0
BROOKE LOGAN PACKARD	DIRECTOR	001.00	Director	$0	$0	$0
MELVIN RAPELYEA	DIRECTOR	001.00	Director	$0	$0	$0
ERIC SCHLESS	TREASURER	001.00	Officer Director	$0	$0	$0
NITIN SHAJWANI	DIRECTOR	001.00	Director	$0	$0	$0
JOHN SWAIN	DIRECTOR	001.00	Director	$0	$0	$0
MATTHEW TOBRINER	DIRECTOR	001.00	Director	$0	$0	$0
MARY JOB VEVERKA	DIRECTOR	001.00	Director	$0	$0	$0
CRAIG VOSBURG	DIRECTOR	001.00	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
2024	No data	No data	No data	No data
2023	$2,308,603	$1,671,624	$10,226,941	$636,979
2022	$1,636,836	$1,454,611	$8,854,803	$182,225
2021	$2,075,256	$1,119,431	$9,308,717	$955,825
2020	$1,489,947	$1,100,554	$8,224,041	$389,393
2019	$1,786,458	$1,437,810	$7,765,124	$348,648
2018	$1,231,844	$1,224,046	$7,031,272	$7,798

SULTANA EDUCATION FOUNDATION INC