FORSYTH EDUCATION PARTNERSHIP (EIN 582000660) - 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

1992

Legal Domicile

Principal Officer

Angie Vaughn

Phone

8332468322

Tax Period

2024-07-01 to 2025-06-30

FORSYTH EDUCATION PARTNERSHIP, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $183K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $206K exceeded revenue, resulting in a 13% operating deficit.

Mission

The mission of Forsyth Education Partnership is to facilitate collaboration for education excellence by providing free classroom supplies to teachers of Winston Salem Forsyth County School System, publicly recognizing first year teachers, and other actions for education excellence.

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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 $182,561

Program Service Revenue $115

Investment Income $0

Other Revenue $0

TOTAL REVENUE $182,676

Expense Breakdown

Grants Paid $188,939

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,551

Other Expenses $16,721

TOTAL EXPENSES $205,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$182,676	$248,676	-0.3%
Expenses	$205,660	$171,470	+0.2%
Net Income	$-22,984	$77,206	-1.3%

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

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
Karel Chandler	Educator Warehouse	19.23	Director	$0	$0	$0
Donald Dunn	Board Member	4.33	Director	$0	$0	$0
Nancy Matthews	Board Member	0.70	Officer	$0	$0	$0
Angie Vaughn	President	3	Officer	$0	$0	$0
Rita Paspy	Treasurer	1	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	$182,676	$205,660	$322,322	$-22,984
2024	$248,676	$171,470	$343,656	$77,206
2023	$126,191	$169,637	$266,029	$-43,446
2022	$103,361	$165,988	$310,256	$-62,627
2021	$148,492	$142,283	$373,003	$6,209
2020	$199,056	$172,013	$365,894	$27,043
2019	$266,328	$243,214	$339,563	$23,114
2018	$285,872	$248,222	$316,450	$37,650

FORSYTH EDUCATION PARTNERSHIP