PARSONS EDUCATIONAL FOUNDATION (EIN 760725096) - 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

2003

Legal Domicile

Principal Officer

JEFF QUIRIN

Phone

6204215950

Tax Period

2024-07-01 to 2025-06-30

PARSONS EDUCATIONAL FOUNDATION, founded in 2003, is a small nonprofit in the Education sector that reported $107K in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 50% operating margin.

Mission

PROVIDE RESOURCES FOR THE BENEFIT AND SUPPORT OF THE CHILDREN AND ADULTS OF PARSONS USD 503

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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 $77,468

Program Service Revenue $0

Investment Income $29,097

Other Revenue $0

TOTAL REVENUE $106,565

Expense Breakdown

Grants Paid $35,537

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,537

Other Expenses $18,007

TOTAL EXPENSES $53,544

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,565	$67,675	+0.6%
Expenses	$53,544	$64,916	-0.2%
Net Income	$53,021	$2,759	+18.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MOLLY COOMES	DIRECTOR	1.00	Director	$0	$0	$0
RAY FEESS	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE GILMORE	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA HETLINGER	SECRETARY	1.00	Officer Director	$0	$0	$0
SHELLY MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
MARTIN MENDICKI	PRESIDENT	1.00	Officer Director	$0	$0	$0
MAEGEN PEGUES	DIRECTOR	1.00	Director	$0	$0	$0
MICHELL PIVA	DIRECTOR	1.00	Director	$0	$0	$0
JEFF QUIRIN	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID RAY	DIRECTOR	1.00	Director	$0	$0	$0
BREAH SCHIBI	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH TAYLOR	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	$106,565	$53,544	$695,088	$53,021
2024	$67,675	$64,916	$597,740	$2,759
2023	$63,627	$38,044	$562,750	$25,583
2022	$65,879	$45,325	$520,254	$20,554
2021	$165,566	$51,078	$615,152	$114,488
2020	$56,789	$50,354	$500,664	$6,435

PARSONS EDUCATIONAL FOUNDATION