Downey Foundation for Educational Opportunities (EIN 812850515) - 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

2016

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

Downey Foundation for Educational Opportunities, founded in 2016, is a community nonprofit in the Education sector that reported $9.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $9.5M left a modest 3% surplus.

Mission

Empowering students by providing equitable, affordable, and accessible entrichment programs that expand their interests, talents, confidence, and independence.

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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 $9,480,509

Program Service Revenue $320,586

Investment Income $0

Other Revenue $0

TOTAL REVENUE $9,801,095

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,513,986

Fundraising Expenses $44,070

Program Expenses $9,010,383

Other Expenses $3,970,464

TOTAL EXPENSES $9,484,450

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,801,095	$8,631,254	+0.1%
Expenses	$9,484,450	$8,855,399	+0.1%
Net Income	$316,645	$-224,145	-2.4%

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

334

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

$160,819

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sheila Tetangco-Bartolone	Executive Director	40.00	Highest	$180,625	$0	$180,625
Laura Hurtado	Programs Director	40.00	Key Emp	$160,819	$0	$160,819
Ozzie Macedo	Board Member	2.00	Director	$0	$0	$0
Elizabeth Gomez	Board Member	2.00	Director	$0	$0	$0
Vijay Patel	Board Member	2.00	Director	$0	$0	$0
Matthew Knox	President	2.00	Officer Director	$0	$0	$0
Kaye Quintero	Treasurer	2.00	Officer Director	$0	$0	$0
Gavril Gabriel	Vice President	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	$9,801,095	$9,484,450	$1,904,597	$316,645
2023	$8,631,254	$8,843,204	$1,569,285	$-211,950
2022	$2,195,467	$2,015,980	$771,874	$179,487
2021	$182,317	$154,079	$105,191	$28,238
2020	$359,386	$311,037	$76,953	$48,349

Downey Foundation for Educational Opportunities