THE EDUCATION FOUNDATION OF ALACHU… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

TATILA BROCKPAUL

Phone

3529557250

Tax Period

2024-07-01 to 2025-06-30

THE EDUCATION FOUNDATION OF ALACHUA COUNTY INC, founded in 1986, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $453K, a strong 25% operating margin.

Mission

OUR MISSION IS TO INVEST IN THE FUTURE OF ALACHUA COUNTY PUBLIC SCHOOL STUDENTS THROUGH STUDENT SCHOLARSHIPS, MENTORING, AND WITH GRANTS TO BOTH SCHOOLS AND TEACHERS.

Program Service Accomplishments

Program 1

Expenses: $1,166,887 Revenue: $246,478

THE EDUCATION FOUNDATION (TEFAC) WAS FOUNDED TO SUPPORT ALACHUA COUNTY PUBLIC SCHOOLS. TEFAC SUPPORTS THE SCHOOLS THROUGH TAKE STOCK IN CHILDREN, SENIOR SCHOLARSHIPS, CATALYST FOR CHANGE, AND OTHER PROGRAMS. DURING THE 2024-2025 FISCAL YEAR: 102 HIGH SCHOOL SENIORS RECEIVED COLLEGE SCHOLARSHIPS TOTALING OVER $200,000. OVER 250 STUDENTS ENROLLED IN THE TAKE STOCK IN CHILDREN PROGRAM, OUR LARGEST PROGRAM THAT INCLUDES ONE-ON-ONE MENTORING, COLLEGE SUCCESS COACHING AND WORKSHOPS, AND 2-YEAR FLORIDA PREPAID PROJECT STARS SCHOLARSHIPS FOR LOW-INCOME, AT-RISK STUDENTS. 40 TEACHER OF THE YEAR AWARDS WERE GIVEN ACROSS THE 40 SCHOOLS IN OUR DISTRICT. 19 TEACHERS AND SCHOOLS WERE AWARDED CATALYST FOR CHANGE GRANTS TOTALING OVER $140,000 FOR PROJECTS FOCUSED: ON CAREER/TECHNICAL EDUCATION, INCREASING GRADUATION RATES, LITERACY, LOW-PERFORMING STUDENTS, STEM PROGRAMS, AND/OR TEACHING QUALITY. 16 STUDENTS PARTICIPATED IN AMPLIFIED, A STUDENT VOICE COALITION.

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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 $1,460,732

Program Service Revenue $246,478

Investment Income $65,545

Other Revenue $51,386

TOTAL REVENUE $1,824,141

Expense Breakdown

Grants Paid $658,154

Salaries & Benefits $572,101

Fundraising Expenses $35,892

Program Expenses $1,166,887

Other Expenses $141,097

TOTAL EXPENSES $1,371,352

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,824,141	$1,517,867	+0.2%
Expenses	$1,371,352	$1,423,484	0.0%
Net Income	$452,789	$94,383	+3.8%

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

800

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

$79,999

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TATILA BROCK-PAUL	EXECUTIVE DIRECTOR	45.00	Officer	$79,999	$0	$79,999
ROMONA JACKSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY BENEDICT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ERIK ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
STEVE CECIL	TREASURER	1.00	Officer Director	$0	$0	$0
ADRIA DEREN	DIRECTOR	1.00	Director	$0	$0	$0
MITCHELL HAY	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN ELLIOTT	DIRECTOR	1.00	Director	$0	$0	$0
DARRY LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
NELSON LOGAN	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE PENDLETON	DIRECTOR	1.00	Director	$0	$0	$0
JULIANNE RAYMOND FLINCHUM	DIRECTOR	1.00	Director	$0	$0	$0
GWENDOLYN SAFFO	DIRECTOR	1.00	Director	$0	$0	$0
APRIL SCHROEDER	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS SCOTT	DIRECTOR	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	$1,824,141	$1,371,352	$5,236,119	$452,789
2024	$1,517,867	$1,423,484	$4,637,232	$94,383
2023	$1,008,677	$1,017,963	$4,347,853	$-9,286
2022	$1,034,088	$1,051,758	$4,313,923	$-17,670
2021	$1,350,985	$810,146	$4,552,844	$540,839
2020	$1,312,280	$1,234,232	$3,918,200	$78,048
2019	$1,060,374	$902,549	$3,768,334	$157,825
2018	$1,210,401	$827,990	$3,597,845	$382,411

THE EDUCATION FOUNDATION OF ALACHUA COUNTY INC