SPRINGFIELD AREA EDUCATION FOUNDATION (EIN 753196779) - 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

2005

Legal Domicile

Principal Officer

DONALD MOONEY

Phone

6105645417

Tax Period

2024-07-01 to 2025-06-30

SPRINGFIELD AREA EDUCATION FOUNDATION, founded in 2005, is a small nonprofit in the Education sector that reported $627K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $277K, a strong 44% operating margin.

Mission

ENRICH THE ACADEMIC, ARTISTIC, & ATHLETIC EXPERIENCE OF SPRINGFIELD SCHOOL DISTRICT STUDENTS.

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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 $430,333

Program Service Revenue $0

Investment Income $230,922

Other Revenue $-34,315

TOTAL REVENUE $626,940

Expense Breakdown

Grants Paid $188,918

Salaries & Benefits $0

Fundraising Expenses $11,477

Program Expenses $188,918

Other Expenses $161,358

TOTAL EXPENSES $350,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$626,940	$450,298	+0.4%
Expenses	$350,276	$324,147	+0.1%
Net Income	$276,664	$126,151	+1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE TODARO	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSEPH NASTASI	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JACK SULLIVAN	TREASURER	1.00	Officer Director	$0	$0	$0
DON MOONEY	SECRETARY	6.00	Officer Director	$0	$0	$0
ED BETTS	TRUSTEE	0.50	Director	$0	$0	$0
BOB BOLLINGER	TRUSTEE	0.50	Director	$0	$0	$0
KATHLEEN BOYER	TRUSTEE	0.50	Director	$0	$0	$0
DON CADGE	TRUSTEE	0.50	Director	$0	$0	$0
ERIN COYLE	TRUSTEE	0.50	Director	$0	$0	$0
SARAH DAMATO	TRUSTEE	0.50	Director	$0	$0	$0
SUE DESCANO	TRUSTEE	0.50	Director	$0	$0	$0
JOSEPH FRAATZ	TRUSTEE	0.50	Director	$0	$0	$0
THOMAS GRUBB	TRUSTEE	0.50	Director	$0	$0	$0
STEVE HOWARTH	TRUSTEE	0.50	Director	$0	$0	$0
STAN JOHNSON	TRUSTEE	0.50	Director	$0	$0	$0
MARK KRAUTER	TRUSTEE	0.50	Director	$0	$0	$0
STEVE LANDERS	TRUSTEE	0.50	Director	$0	$0	$0
ANDREA MATTIE	TRUSTEE	0.50	Director	$0	$0	$0
MATT OWENS	TRUSTEE	0.50	Director	$0	$0	$0
JACQUELYN JACQUI ROTHERA HICKEY	TRUSTEE	0.50	Director	$0	$0	$0
MARK STANFORD	TRUSTEE	0.50	Director	$0	$0	$0
LISA TODARO	TRUSTEE	0.50	Director	$0	$0	$0
GEORGE TROUT	TRUSTEE	0.50	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	$626,940	$350,276	$2,369,967	$276,664
2024	No data	No data	No data	No data
2023	$270,953	$340,961	$2,020,725	$-70,008
2022	$598,823	$220,162	$2,016,086	$378,661
2021	$259,140	$224,886	$2,187,764	$34,254
2020	$223,575	$156,409	$1,845,088	$67,166
2019	$411,730	$171,857	$1,809,109	$239,873
2018	$129,948	$185,897	$1,411,935	$-55,949

SPRINGFIELD AREA EDUCATION FOUNDATION