FOUNDATION FOR UNDERWAY EXPERIENTIA L LEARNING INC (EIN 814752116) - 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

Principal Officer

SALLY WALSH

Phone

5085609237

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR UNDERWAY EXPERIENTIA L LEARNING INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. The organization ran a surplus of $874K, a strong 54% operating margin.

Mission

FUEL OFFERS COLLEGE CURRICULUM IN AN EXPERIMENTAL FRAMEWORK ONBOARD A WORLD VOYAGING SAILING SHIP. THROUGH VOYAGES AT SEA, FUEL EMBOLDENS YOUTH TO IMPROVE THE WORLD.

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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 $1,201,725

Program Service Revenue $400,009

Investment Income $6,074

Other Revenue $0

TOTAL REVENUE $1,607,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $376,169

Fundraising Expenses $96,959

Program Expenses $511,767

Other Expenses $358,058

TOTAL EXPENSES $734,227

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,607,808	$1,498,775	+0.1%
Expenses	$734,227	$597,317	+0.2%
Net Income	$873,581	$901,458	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

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

$156,000

Total Directors

$156,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARRY DICKERSON	CHAIRMAN	5.00	Officer	$0	$0	$0
SALLY WALSH	VICE CHAIRMA	5.00	Officer	$0	$0	$0
JOHN KEENE	TREASURER	5.00	Officer	$0	$0	$0
TRACEY OVERBECK STEAD	CLERK	5.00	Director	$0	$0	$0
PETER F CARR II	DIRECTOR	2.00	Director	$0	$0	$0
DEREK FAIRCHILD-COPPOLETTI	DIRECTOR	2.00	Director	$0	$0	$0
SALLY WALSH	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN BRISTOL	DIRECTOR	2.00	Director	$0	$0	$0
HARRY DICKERSON	DIRECTOR	2.00	Director	$0	$0	$0
JOHN KEENE	DIRECTOR	2.00	Director	$0	$0	$0
TRACEY OVERBECK STEAD	DIRECTOR	2.00	Director	$0	$0	$0
DANIEL IAN RIDGEWAY	CO-EXEC DIRE	5.00	Officer Director	$78,000	$0	$78,000
CASEY BLUM	CO-EXEC DIRE	5.00	Officer Director	$78,000	$0	$78,000

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
2024	No data	No data	No data	No data
2023	$1,607,808	$734,227	$4,263,228	$873,581
2022	$1,498,775	$597,317	$3,380,593	$901,458
2021	$751,966	$800,418	$2,459,430	$-48,452
2020	$2,390,950	$2,154,146	$2,323,100	$236,804

FOUNDATION FOR UNDERWAY EXPERIENTIA L LEARNING INC