Foster College (EIN 750891475) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1927

Legal Domicile

Principal Officer

Terrance Ford

Phone

9722245481

Tax Period

2024-07-01 to 2025-06-30

Foster College, founded in 1927, is a small nonprofit in the Education sector that reported $591K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $977K exceeded revenue, resulting in a 65% operating deficit.

Mission

Our mission is to equip students to live serve and lead with Godly influence and impact in their communities and throughout the world

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $575,673

Program Service Revenue $82,508

Investment Income $204

Other Revenue $-66,914

TOTAL REVENUE $591,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $306,773

Fundraising Expenses $296,606

Program Expenses $504,083

Other Expenses $670,361

TOTAL EXPENSES $977,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$591,471	$780,197	-0.2%
Expenses	$977,134	$905,043	+0.1%
Net Income	$-385,663	$-124,846	+2.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$113,465

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRANCE FORD	President	40.00	Officer	$86,044	$27,421	$113,465
JAMES THOMPSON	Chairman	1.00	Director	$0	$0	$0
LELIOUS JOHNSON	Board Treasurer	1.00	Director	$0	$0	$0
WALT WALDIE	Director	1.00	Director	$0	$0	$0
MARILYN FAIR	Director	1.00	Director	$0	$0	$0
DAVID ALLEN	Director	1.00	Director	$0	$0	$0
RICHARD WILLIS	Director	1.00	Director	$0	$0	$0
TRINA STONE	Director	1.00	Director	$0	$0	$0
NEHEMIAH JEFFERSON	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	$591,471	$977,134	$576,184	$-385,663
2024	No data	No data	No data	No data
2023	$333,859	$994,540	$1,035,229	$-660,681
2022	$794,298	$850,860	$1,760,119	$-56,562
2021	$1,426,844	$703,057	$1,174,577	$723,787
2020	$660,918	$751,056	$512,300	$-90,138
2019	$598,006	$862,547	$573,432	$-264,541

Foster College