NIGHTINGALE FOUNDATION INC (EIN 883420017) - 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

2022

Legal Domicile

Phone

8016892160

Tax Period

2024-01-01 to 2024-12-31

NIGHTINGALE FOUNDATION INC, founded in 2022, is a small nonprofit in the Education sector that reported $283K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. Expenses of $539K exceeded revenue, resulting in a 90% operating deficit.

Mission

The mission of Nightingale Foundation is to provide Nightingale Colleges nursing students with resources needed for attending and completing their academic programs.The vision of Nightingale Foundation is to improve the nations health outcomes, health equity, and eliminate the nursing shortage by increasing access to pre- and post-licensure nursing education by providing resources for traditionally underserved and underrepresented student populations.

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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 $283,155

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $283,155

Expense Breakdown

Grants Paid $204,302

Salaries & Benefits $261,819

Fundraising Expenses $0

Program Expenses $471,677

Other Expenses $72,400

TOTAL EXPENSES $538,521

Year-over-Year Comparison

	2024	2023	Change
Revenue	$283,155	$161,809	+0.7%
Expenses	$538,521	$175,354	+2.1%
Net Income	$-255,366	$-13,545	+17.9%

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

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

$1,225,197

Total Directors

$1,225,197

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKHAIL SHNEYDER	President	2.00	Officer Director	$0	$0	$528,850
JONATHAN TANNER	Vice President	2.00	Officer Director	$0	$0	$348,268
THOMAS REAMS	Treasurer	2.00	Officer Director	$0	$0	$348,079
KATY SHOEMAKER	Executive Dir.	40.00	Director	$0	$0	$0
OLUWAGBEMILEKE ADEDOTUN	MEMBER	0.25	Director	$0	$0	$0
THOMAS JURBALA	MEMBER	0.25	Director	$0	$0	$0
NATHAN DAHL	MEMBER	0.25	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	$283,155	$538,521	$124,311	$-255,366

NIGHTINGALE FOUNDATION INC