THORNSTON EDUCATIONAL FUND (EIN 522350466) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

D WOOD

Phone

7602494000

Tax Period

2023-01-01 to 2023-12-31

THORNSTON EDUCATIONAL FUND, founded in 2001, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 26% operating deficit.

Mission

PROVIDING EDUCATIONAL SCHOLARSHIPS, COMMUNITY SERVICES, AND TRAINING OF LOCAL LEADERS WITHIN THE MARGINALIZED, LOW-INCOME MIGRANT POPULATION FOR SERVICE IN CHINA AND NEARBY COUNTRIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,033,262

Program Service Revenue $0

Investment Income $84,382

Other Revenue $0

TOTAL REVENUE $3,117,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,020,549

Fundraising Expenses $514,269

Program Expenses $2,746,294

Other Expenses $2,912,865

TOTAL EXPENSES $3,933,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,117,644	$4,297,107	-0.3%
Expenses	$3,933,414	$3,677,405	+0.1%
Net Income	$-815,770	$619,702	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

509

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

$347,590

Total Directors

$212,964

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
B MANTHEI	BOARD MEMBER	0.25	Director	$0	$0	$0
P FOXWELL	BOARD MEMBER	0.25	Director	$0	$0	$0
L NAGLE	BOARD MEMBER/SECRETARY	0.25	Officer Director	$0	$0	$0
R MANN	BOARD MEMBER	0.25	Director	$0	$0	$0
P VAN DER MERWE	BOARD MEMBER	0.25	Director	$0	$0	$0
D WOOD	PRESIDENT	40.00	Officer Director	$191,000	$21,964	$212,964
K BECHLER	BOARD MEMBER	0.25	Director	$0	$0	$0
A LAM	BOARD MEMBER	0.25	Director	$0	$0	$0
N YU	BOARD MEMBER	0.25	Director	$0	$0	$0
T WENDLING	BOARD CHAIR	0.50	Director	$0	$0	$0
M WENDLING	VICE PRESIDENT	40.00	Officer	$117,419	$17,207	$134,626
WILLIAM G FIELD	FUNDRAISER	40.00	Highest	$114,324	$16,991	$131,315

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	$3,117,644	$3,933,414	$6,754,896	$-815,770
2022	$4,297,107	$3,677,405	$7,594,527	$619,702
2021	$5,835,534	$4,335,215	$7,219,493	$1,500,319
2020	$6,136,657	$3,838,183	$5,657,612	$2,298,474
2019	$5,283,275	$5,408,714	$3,281,251	$-125,439
2018	$3,620,884	$5,585,503	$3,434,551	$-1,964,619

THORNSTON EDUCATIONAL FUND