HIGHER EDUCATION FOUNDATION (EIN 863839558) - 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

ASHOK JOSHI

Phone

8012012683

Tax Period

2022-01-01 to 2022-12-31

HIGHER EDUCATION FOUNDATION, founded in 2021, is a small nonprofit in the Human Services sector that reported $226K in total revenue in fiscal year 2022. The organization ran a surplus of $122K, a strong 54% operating margin.

Mission

THE MISSION OF THE ORGANIZATION IS TO PROMOTE HIGHER EDUCATION EXCLUSIVELY FOR EDUCATIONAL, CHARITABLE, SCIENTIFIC, MEDICAL OR LITERARY PURPOSES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $226,152

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $226,152

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,737

Other Expenses $104,151

TOTAL EXPENSES $104,151

Year-over-Year Comparison

	2022	2021	Change
Revenue	$226,152	N/A	N/A
Expenses	$104,151	N/A	N/A
Net Income	$122,001	N/A	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

Governance

Voting Members

Independent Members

N/A

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
ASHOK JOSHI	President	0.50	Officer	$0	$0	$0
MAKARAND HASTAK	Vice President	0.10	Officer	$0	$0	$0
RAHUL KARAD	SECRETARY/TREAS	0.10	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
2022	$226,152	$104,151	$122,801	$122,001

HIGHER EDUCATION FOUNDATION