EDUINNOVATE FOUNDATION INC

EIN: 823956167 501(c)(3) Education

ELLINGTON, CT

Total Revenue
$26,367
Total Expenses
N/A
Total Assets
$1,105,608
Net Assets
$1,105,608
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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
2018
Legal Domicile
CT
Principal Officer
PETER TOTH
Phone
8608365272
Tax Period
2025-01-01 to 2025-12-31

EDUINNOVATE FOUNDATION INC, founded in 2018, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2025.

Mission

TO STIMULATE INNOVATION AND SUPPORT EXCELLENCE IN EDUCATION, BOTH IN ELLINGTON AND BEYOND BY PROVIDING FUNDING FOR PROJECTS AND PROGRAMS THAT ENHANCE THE EDUCATIONAL EXPERIENCE FOR PUBLIC SCHOOL STUDENTS.

Program Service Accomplishments

Program 1

IN 2023, THE FOUNDATION FUNDED 8 PROJECTS. FUNDING IMPACTED 3 PUBLIC SCHOOLS AND INCLUDED PROJECTS FOR FOR AUTOMOTIVE, MATHEMATICS, ROBOTICS, INTERIOR DESIGN, STEM GUITAR, HEALTH AND LITERACY.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $26,367
Other Revenue $0
TOTAL REVENUE $26,367

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $26,367 $26,811 0.0%
Expenses N/A $37,728 -1.0%
Net Income N/A $-10,917 N/A
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

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Governance

Voting Members
6
Independent Members
6
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON MOSER PRESIDENT N/A
Officer Director
$0 $0 $0
SARAH WHELAN VICE PRESIDE N/A
Officer Director
$0 $0 $0
JOSIE SCHNEIDER SECRETARY N/A
Officer Director
$0 $0 $0
PETER TOTH TREASURER N/A
Officer Director
$0 $0 $0
TIM MCDONOUGH MEMBER N/A
Director
$0 $0 $0
JIM DESROCHER MEMBER N/A
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 $26,367 No data $1,105,608 No data
2024 No data No data No data No data
2023 $23,732 $103,769 $824,386 $-80,037
2022 $30,094 $52,433 $833,030 $-22,339
2021 $20,782 $37,662 $962,776 $-16,880
2020 $271,474 $21,489 $836,887 $249,985
2019 $100,288 $38,970 $644,537 $61,318
2018 $510,203 $1,116 $520,513 $509,087
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