JOHN CARROLL EDUCATIONAL FOUNDATION INC (EIN 592145702) - 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

1981

Legal Domicile

Principal Officer

MICHAEL DRISCOLL

Phone

7725950500

Tax Period

2023-08-01 to 2024-07-31

JOHN CARROLL EDUCATIONAL FOUNDATION INC, founded in 1981, is a small nonprofit in the Education sector that reported $119K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $161K exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF THE JOHN CARROLL EDUCATIONAL FOUNDATION INC IS TO ACCUMULATE AND MANAGE ASSETS IN SUPPORT OF JOHN CARROLL HIGH SCHOOL'S STUDENTS FOR TUITION/SCHOLARSHIP ASSISTANCE.

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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 $0

Program Service Revenue $0

Investment Income $118,946

Other Revenue $0

TOTAL REVENUE $118,946

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,000

Other Expenses $10,941

TOTAL EXPENSES $160,941

Year-over-Year Comparison

	2023	2022	Change
Revenue	$118,946	$127,524	-0.1%
Expenses	$160,941	$98,970	+0.6%
Net Income	$-41,995	$28,554	-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

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
GLYNDA CAVALCANTI	TREASURER	N/A	Officer Director	$0	$0	$0
PATRICK COLLINS	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL DRISCOLL	PRESIDENT	N/A	Officer Director	$0	$0	$0
LOUIS J FORGET	DIRECTOR	N/A	Director	$0	$0	$0
KARL GUETTLER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
GREG NELSON	SECRETARY	N/A	Officer Director	$0	$0	$0
DR WILLIAM STANTON	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	$118,946	$160,941	$2,145,888	$-41,995
2023	$127,524	$98,970	$2,187,883	$28,554
2022	$310,199	$200,043	$2,159,329	$110,156
2021	$124,277	$97,966	$2,049,173	$26,311
2020	$195,131	$141,657	$2,022,862	$53,474

JOHN CARROLL EDUCATIONAL FOUNDATION INC