FOUNDATION FOR CRITICAL THINKING (EIN 680225053) - 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

1990

Legal Domicile

Principal Officer

LINDA ELDER PAUL

Phone

7078789100

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR CRITICAL THINKING, founded in 1990, is a small nonprofit in the Arts, Culture & Humanities sector that reported $163K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $182K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROMOTE FAIR-MINDED CRITICAL THINKING.

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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 $13,407

Program Service Revenue $143,732

Investment Income $4,485

Other Revenue $1,767

TOTAL REVENUE $163,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,119

Fundraising Expenses $9,092

Program Expenses $72,731

Other Expenses $88,704

TOTAL EXPENSES $181,823

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,391	$185,968	-0.1%
Expenses	$181,823	$190,937	0.0%
Net Income	$-18,432	$-4,969	+2.7%

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

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

$1,299

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA ELDER PAUL	PRESIDENT & CEO	30.00	Officer	$1,299	$0	$1,299
GERARD NOSICH	TREASURER	20.00	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
2024	$163,391	$181,823	$593,897	$-18,432
2023	$185,968	$190,937	$609,999	$-4,969
2022	$200,016	$229,323	$613,506	$-29,307
2021	$302,754	$282,272	$647,474	$20,482
2020	$198,566	$271,882	$661,602	$-73,316
2019	$147,476	$590,217	$771,551	$-442,741
2018	$982,282	$837,665	$1,359,103	$144,617

FOUNDATION FOR CRITICAL THINKING