WISHFORWARD EDUCATIONAL FOUNDATION INC (EIN 812032610) - 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

KARINA FEDASZ

Phone

9492787720

Tax Period

2023-07-01 to 2024-06-30

WISHFORWARD EDUCATIONAL FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $403K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $386K, a strong 96% operating margin.

Mission

PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT FOR THE GROWTH, OPERATIONS AND SUSTAINABILTY OF WESTSIDE INNOVATIVE SCHOOL HOUSE, INC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $355,500

Program Service Revenue $0

Investment Income $0

Other Revenue $47,659

TOTAL REVENUE $403,159

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $14,713

Other Expenses $17,504

TOTAL EXPENSES $17,504

Year-over-Year Comparison

	2023	2022	Change
Revenue	$403,159	$513,065	-0.2%
Expenses	$17,504	$25,000	-0.3%
Net Income	$385,655	$488,065	-0.2%

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
LALI DEAZTLA	MEMBER	2.00	Director	$0	$0	$0
KARINA FEDASZ	PRESIDENT	4.00	Officer Director	$0	$0	$0
GREGG GOLDFARB	MEMBER	2.00	Director	$0	$0	$0
MICHAEL GOLDSTIEN	MEMBER	2.00	Director	$0	$0	$0
PAULA KALANDIKA	MEMBER	2.00	Director	$0	$0	$0
RAJ MAKWANA	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
NEAL MENDELSOHN	MEMBER	2.00	Director	$0	$0	$0
ERIC STEINBERG	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVE TORRES	TREASURER	2.00	Officer 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	No data	No data	No data	No data
2024	$403,159	$17,504	$893,348	$385,655
2024	No data	No data	No data	No data
2023	$513,065	$25,000	$626,740	$488,065

WISHFORWARD EDUCATIONAL FOUNDATION INC