FOUNDATION IN SUPPORT OF EDUCATIONAL EXCELLENCE INC (EIN 862086586) - 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

2021

Legal Domicile

Principal Officer

SOBEIDA CRUZ

Phone

9144765070

Tax Period

2023-07-01 to 2024-06-30

FOUNDATION IN SUPPORT OF EDUCATIONAL EXCELLENCE INC, founded in 2021, is a small nonprofit in the Education sector that reported $254K in total revenue in fiscal year 2023. Expenses of $240K left a modest 5% surplus.

Mission

TO PROVIDE SUPPORT TO THE CHARTER SCHOOL OF EDUCATIONAL EXCELLENCE AND TO FURTHER ITS VISION.

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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 $190,641

Program Service Revenue $0

Investment Income $1,708

Other Revenue $61,630

TOTAL REVENUE $253,979

Expense Breakdown

Grants Paid $164,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $164,000

Other Expenses $76,499

TOTAL EXPENSES $240,499

Year-over-Year Comparison

	2023	2022	Change
Revenue	$253,979	$262,860	0.0%
Expenses	$240,499	$262,349	-0.1%
Net Income	$13,480	$511	+25.4%

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
JANE B BIERWIRTH	TRUSTEE	0.10	Director	$0	$0	$0
ELIZABETH BRACKEN-THOMPSON	TRUSTEE	0.10	Director	$0	$0	$0
NOLAN BURGOS	TRUSTEE	0.10	Director	$0	$0	$0
MICHAEL V CARUSO	TRUSTEE	0.10	Director	$0	$0	$0
ERIC CRUZ	TRUSTEE	0.10	Director	$0	$0	$0
SOBEIDA CRUZ	VICE CHAIR &	0.25	Officer Director	$0	$0	$0
MICHAEL DESIMONE	TRUSTEE	0.10	Director	$0	$0	$0
JOESPH P CARLUCCI ESQ	TRUSTEE	0.10	Director	$0	$0	$0
BRENDA HELLER	TRUSTEE	0.10	Director	$0	$0	$0
STEVE HELLER	TRUSTEE	0.10	Director	$0	$0	$0
BETTY HIMMEL	TRUSTEE	0.10	Director	$0	$0	$0
AMELIA LAGUERRE	SECRETARY	0.25	Officer Director	$0	$0	$0
CINDY LOPEZ	TRUSTEE	0.10	Director	$0	$0	$0
PHIL MCGRATH	TRUSTEE	0.10	Director	$0	$0	$0
PETER PHILIPS	TRUSTEE	0.10	Director	$0	$0	$0
SHIRLEY PHILIPS	TRUSTEE	0.10	Director	$0	$0	$0
MARK A ROMNEY	TRUSTEE	0.10	Director	$0	$0	$0
HON CECILE SINGER	TRUSTEE	0.10	Director	$0	$0	$0
BETSY MAY STERN	CHAIRPERSON	0.25	Officer Director	$0	$0	$0
ELNOR URSTADT	TRUSTEE	0.10	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	No data	No data	No data	No data
2024	$253,979	$240,499	$281,495	$13,480
2023	$262,860	$262,349	$273,537	$511
2022	$172,876	$62,949	$269,504	$109,927

FOUNDATION IN SUPPORT OF EDUCATIONAL EXCELLENCE INC