NWTI Education 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

2021

Legal Domicile

Principal Officer

Dan Douglas

Tax Period

2023-01-01 to 2023-12-31

NWTI Education Foundation, founded in 2021, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 119% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.5M, a strong 97% operating margin.

Mission

The purpose of this Foundation is to assist in providing and promoting educatorial opportunities for NWTI, its students and staff. Providing and promoting opportunities, including, but not limited to education, facilities, fundraising and scholarships.

Program Service Accomplishments

Program 1

Expenses: $10,550

Scholarships

Program 2

Expenses: $73,368

Transfer to NWTI

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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 $3,518,851

Program Service Revenue $0

Investment Income $70,775

Other Revenue $0

TOTAL REVENUE $3,589,626

Expense Breakdown

Grants Paid $83,918

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,918

Other Expenses $11,239

TOTAL EXPENSES $95,157

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,589,626	$1,637,875	+1.2%
Expenses	$95,157	$324,780	-0.7%
Net Income	$3,494,469	$1,313,095	+1.7%

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
Donaldson Larra	Secretary	002.00	Officer Director	$0	$0	$0
Douglas Dan	President	002.00	Officer Director	$0	$0	$0
Freking Tom	Vice President	002.00	Officer Director	$0	$0	$0
Gibson Don	Member	001.00	Director	$0	$0	$0
Grayson Angela	Member	001.00	Director	$0	$0	$0
Rollins Dr Joe	Member	001.00	Director	$0	$0	$0
Underhill Keith	Treasurer	002.00	Officer Director	$0	$0	$0
Wright Michael	Member	001.00	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
2023	$3,589,626	$95,157	$5,091,655	$3,494,469
2022	$1,637,875	$324,780	$1,587,375	$1,313,095
2021	$277,330	$2,450	$274,880	$274,880