Spring Educational Foundation (EIN 834095382) - 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

Phone

8326142958

Tax Period

2024-01-01 to 2024-12-31

Spring Educational Foundation, founded in 2019, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2024. Expenses of $3.8M left a modest 4% surplus.

Mission

Be a faith-based education provider focused on academic excellence, responsible governance and fiscally sound practices within a nurturing environment.

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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 $1,157,015

Program Service Revenue $2,822,682

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,979,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,312,502

Fundraising Expenses $909,767

Program Expenses $2,518,174

Other Expenses $1,526,177

TOTAL EXPENSES $3,838,679

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,979,697	$4,038,503	0.0%
Expenses	$3,838,679	$3,773,941	+0.0%
Net Income	$141,018	$264,562	-0.5%

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	Role	Reportable Comp	Other Comp	Total
Mohammed Awad	Director	Director	$0	$0	$0
Jad Daye	Director	Director	$0	$0	$0
Faris Mohamed	Director	Director	$0	$0	$0
Midhat Ali	COO	Officer	$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	$3,979,697	$3,838,679	$554,414	$141,018
2023	$4,038,503	$3,773,941	$628,606	$264,562
2022	$3,175,628	$3,073,740	$395,660	$101,888
2021	$2,390,515	$2,440,834	$223,429	$-50,319
2020	$2,277,759	$2,272,101	$694,792	$5,658

Spring Educational Foundation