WREC EDUCATIONAL FOUNDATION INC (EIN 593407203) - 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

1996

Legal Domicile

Principal Officer

DAVID B LAMBERT II

Phone

3525675133

Tax Period

2025-01-01 to 2025-12-31

WREC EDUCATIONAL FOUNDATION INC, founded in 1996, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 65% operating margin.

Mission

ACCUMULATE AND DISBURSE FUNDS FOR EDUCATIONAL PURPOSES IN THE SERVICE AREA OF WITHLACOOCHEE RIVER ELECTRIC COOPERATIVE, INC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,115,137

Program Service Revenue $0

Investment Income $444,286

Other Revenue $0

TOTAL REVENUE $2,559,423

Expense Breakdown

Grants Paid $884,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $884,500

Other Expenses $9,576

TOTAL EXPENSES $894,076

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,559,423	$2,369,687	+0.1%
Expenses	$894,076	$803,422	+0.1%
Net Income	$1,665,347	$1,566,265	+0.1%

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

$1,181,909

Total Directors

$335,026

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRENCE E SCHRADER	PRESIDENT	1.00	Officer Director	$0	$0	$48,604
PATRICIA P BECHTELHEIMER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$33,931
DESMOND G LITTLE	DIRECTOR - EXITING 2025	1.00	Director	$0	$0	$29,888
ALAN F HENGESBACH	TREASURER	1.00	Officer Director	$0	$0	$54,004
ROBERT W STRICKLAND	SECRETARY	1.00	Officer Director	$0	$0	$25,066
PAUL R LITTLE	DIRECTOR	1.00	Director	$0	$0	$44,478
DAVID S HUNNICUTT	DIRECTOR	1.00	Director	$0	$0	$21,650
KIMBERLY L KINNEY	DIRECTOR	1.00	Director	$0	$0	$33,605
ROBERT BARTHLE	TRUSTEE/DIRECTOR	1.00	Director	$0	$0	$39,604
JOSEPH MARINA	DIRECTOR - NEW 2025	1.00	Director	$0	$0	$4,196
DAVID B LAMBERT II	EXEC. VP	1.00	Officer	$0	$254,115	$1,020,304

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	$2,559,423	$894,076	$11,966,053	$1,665,347
2024	No data	No data	No data	No data
2023	$1,913,418	$1,098,735	$8,734,441	$814,683
2022	$1,606,508	$1,141,855	$7,919,758	$464,653
2021	$1,466,513	$1,561,129	$7,455,105	$-94,616
2020	$1,580,138	$652,205	$7,549,721	$927,933
2019	$1,516,502	$893,861	$6,621,788	$622,641
2018	$1,317,340	$870,937	$5,999,147	$446,403

WREC EDUCATIONAL FOUNDATION INC