THE EDISON CHARITABLE FOUNDATION

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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

2017

Legal Domicile

Principal Officer

JEFFREY S EDISON

Phone

5135541110

Tax Period

2023-01-01 to 2023-12-31

THE EDISON CHARITABLE FOUNDATION, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 82% operating margin.

Mission

THE FOUNDATION IS ORGANIZED EXCLUSIVELY TO PROVIDE ASSISTANCE FOR CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3). THE PURPOSE OF THE FOUNDATION SPECIFICALLY IS 1)TO GRANT SCHOLARSHIPS FOR STUDENTS TO ATTEND ACCREDITED POST-SECONDARY EDUCATIONAL INSTITUTIONS, 2)FUND OR IMPLEMENT PROGRAMS FOR CONSERVATION AND ENVIRONMENTAL ACTIVITIES AND THE RELIEF OF THE POOR OR DISTRESSED OR OF THE UNDER PRIVILEGED, 3) TO FUND CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3).

Program Service Accomplishments

Program 1

Expenses: $93,500

THE ORGANIZATION GRANTED SCHOLARSHIPS TO SEVENTEEN RECIPIENTS TO ATTEND ACCREDITED POST SECONDARY EDUCATIONAL INSTITUTIONS.

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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 $54,620

Program Service Revenue $0

Investment Income $1,319,120

Other Revenue $0

TOTAL REVENUE $1,373,740

Expense Breakdown

Grants Paid $93,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $93,500

Other Expenses $156,061

TOTAL EXPENSES $249,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,373,740	$1,940,089	-0.3%
Expenses	$249,561	$156,338	+0.6%
Net Income	$1,124,179	$1,783,751	-0.4%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PARILEE EDISON WANG	PRESIDENT AND DIRECTOR	0.50	Officer Director	$0	$0	$0
JEFFREY S EDISON	DIRECTOR AND CEO	0.25	Officer Director	$0	$0	$0
LESLIE D EDISON	DIRECTOR	0.25	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
2024	No data	No data	No data	No data
2023	$1,373,740	$249,561	$28,040,391	$1,124,179
2022	$1,940,089	$156,338	$23,780,751	$1,783,751
2021	$7,025,662	$141,003	$25,961,474	$6,884,659
2020	$4,904,401	$104,118	$16,871,562	$4,800,283
2019	$2,794,626	$84,638	$10,475,529	$2,709,988
2018	$2,220,118	$52,762	$6,470,928	$2,167,356