HILLCREST EDUCATIONAL FOUNDATION INC (EIN 800545676) - 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

2012

Legal Domicile

Principal Officer

SHAUN CUSSON

Phone

4134997924

Tax Period

2024-07-01 to 2025-06-30

HILLCREST EDUCATIONAL FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $138K in total revenue in fiscal year 2024. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $505K exceeded revenue, resulting in a 266% operating deficit.

Mission

THE PURPOSE OF HILLCREST EDUCATIONAL FOUNDATION, INC. IS TO SUPPORT THE FUNCTIONS OF AND CARRY OUT THE PURPOSES OF HILLCREST EDUCATIONAL CENTERS, INC., HILLCREST DENTAL CARE, INC. AND BERKSHIRE COUNTY KIDS' PLACE & VIOLENCE PREVENTION CENTER, INC. (COLLECTIVELY, THE "SUPPORTED ORGANIZATIONS"). THE FOUNDATION PROVIDES FINANCIAL SUPPORT AND SERVICES TO THE SUPPORTED ORGANIZATIONS AS RECOMMENDED BY THE FOUNDATION BOARD. THE FOUNDATION BOARD MEMBERS ARE ALSO MEMBERS OF THE BOARDS OF THE SUPPORTED ORGANIZATIONS TO ENSURE THAT ALL ACTIVITIES DIRECTLY FURTHER THE EXEMPT PURPOSES OF THOSE SUPPORTED ORGANIZATIONS.

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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 $100,000

Program Service Revenue $0

Investment Income $37,922

Other Revenue $0

TOTAL REVENUE $137,922

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $500,000

Other Expenses $4,847

TOTAL EXPENSES $504,847

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,922	$726,036	-0.8%
Expenses	$504,847	$1,084,001	-0.5%
Net Income	$-366,925	$-357,965	+0.0%

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

$578,535

Total Directors

$404,234

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE A BUTLER	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
EUGENE A DELLEA	VICE CHAIRMAN	0.50	Officer Director	$0	$0	$0
SHAUN CUSSON	PRESIDENT & CEO	0.50	Officer Director	$0	$55,638	$404,234
KATIE BRELSFORD	CLERK	0.50	Officer Director	$0	$0	$0
TIMOTHY P BURKE	DIRECTOR	0.50	Director	$0	$0	$0
PAUL CLARK	DIRECTOR	0.50	Director	$0	$0	$0
HANNAH KEATOR	DIRECTOR	0.50	Director	$0	$0	$0
SHELA LEVANTE	DIRECTOR	0.50	Director	$0	$0	$0
CELIA R NORCROSS	DIRECTOR	0.50	Director	$0	$0	$0
TESS SORRENTINO	DIRECTOR	0.50	Director	$0	$0	$0
SANDRA WADSWORTH	DIRECTOR	0.50	Director	$0	$0	$0
JOHN WALSH	DIRECTOR	0.50	Director	$0	$0	$0
JASON F CUYLER	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS GOGGINS	DIRECTOR	0.50	Director	$0	$0	$0
ROSEMARIE PHELPS	DIRECTOR	0.50	Director	$0	$0	$0
MARK A PLACIDO	TREASURER	0.50	Officer	$0	$18,351	$174,301

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	$137,922	$504,847	$1,607,664	$-366,925
2024	$726,036	$1,084,001	$1,959,881	$-357,965
2023	$697,413	$8,493	$2,315,442	$688,920
2022	$219,542	$1,538,343	$2,337,257	$-1,318,801
2021	$1,583,685	$909,244	$3,038,125	$674,441
2020	$1,046,361	$5,411	$2,310,598	$1,040,950
2019	$711,786	$2,935	$1,252,164	$708,851
2018	$6,531	$1,882	$520,194	$4,649

HILLCREST EDUCATIONAL FOUNDATION INC