TFalls Foundation Inc (EIN 832649082) - 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

2019

Legal Domicile

Principal Officer

David Kirkpatrick

Phone

6787706087

Tax Period

2024-01-01 to 2024-12-31

TFalls Foundation Inc, founded in 2019, is a small nonprofit in the Human Services sector that reported $232K in total revenue in fiscal year 2024. Expenses of $258K exceeded revenue, resulting in a 11% operating deficit.

Mission

TFalls is building a hopeful and prosperous future for generations of Kenyan children through the construction of high-quality educational centers.

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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 (2024)

Revenue Breakdown

Contributions & Grants $231,245

Program Service Revenue $0

Investment Income $1,132

Other Revenue $0

TOTAL REVENUE $232,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $247,988

Other Expenses $257,771

TOTAL EXPENSES $257,771

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,377	$220,763	+0.1%
Expenses	$257,771	$161,807	+0.6%
Net Income	$-25,394	$58,956	-1.4%

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

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
Charles Wangondu	President	4.00	Officer Director	$0	$0	$0
David Kirkpatrick	Board Chair	2.00	Officer Director	$0	$0	$0
Lezlie Renee Pipes	Secretary/Treasurer	2.00	Officer Director	$0	$0	$0
Sam Maguire	Board Member	1.00	Director	$0	$0	$0
Paula Paglioni	Board Member	1.00	Director	$0	$0	$0
Patty Turpin	Board Member	1.00	Director	$0	$0	$0
Jim Maske	Board Member	1.00	Director	$0	$0	$0
Timothy Muthoga	Board Member	1.00	Director	$0	$0	$0
Scott Peterzell	Board Member	1.00	Director	$0	$0	$0
Carolyn Abbott	Board Member	1.00	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	$232,377	$257,771	$122,142	$-25,394
2023	$220,763	$161,807	$147,536	$58,956

TFalls Foundation Inc