EDOVO 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

2023

Legal Domicile

Principal Officer

RICHARD CROWLEY

Phone

3127575533

Tax Period

2023-08-28 to 2023-12-31

EDOVO FOUNDATION, founded in 2023, is a small nonprofit in the Crime & Legal sector that reported $311K in total revenue in fiscal year 2023. The organization ran a surplus of $311K, a strong 100% operating margin.

Mission

TO PROVIDE EDUCATIONAL, VOCATIONAL, AND REHABILITATIVE CURRICULUMS AND CONTENT TO INCARCERATED PEOPLE.

Program Service Accomplishments

Program 1

IMPROVING THE LIVES OF THOSE IMPACTED BY INCARCERATION BY PROVIDING EDUCATIONAL, VOCATIONAL AND REHABILITATIVE CURRICULA AND CONTENT TO INCARCERATED PEOPLE THROUGHOUT THE UNITED STATES THROUGH ITS...

IMPROVING THE LIVES OF THOSE IMPACTED BY INCARCERATION BY PROVIDING EDUCATIONAL, VOCATIONAL AND REHABILITATIVE CURRICULA AND CONTENT TO INCARCERATED PEOPLE THROUGHOUT THE UNITED STATES THROUGH ITS EDUCATION PLATFORM. THE ORGANIZATION'S REHABILITATIVE-FOCUSED PLATFORM IS OPTIMIZED FOR CORRECTIONAL ENVIRONMENTS AND IS FOCUSED ON LOWERING RECIDIVISM, INCREASING SAFETY INSIDE AND OUTSIDE CORRECTIONAL WALLS AND DRIVING MORE POSITIVE OUTCOMES FOR INCARCERATED PEOPLE THROUGH DIGITAL EDUCATION PROGRAMMING. THE PROGRAM PLANNING OCCURRED DURING 2023 WITH THE DONATION OF THE PLATFORM AND PROGRAMMING BEING AVAILABLE TO CORRECTIONAL INSTITUTIONS OCCURRING IN 2024.

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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 $311,301

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $311,301

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $750

TOTAL EXPENSES $750

Year-over-Year Comparison

	2023	2022	Change
Revenue	$311,301	N/A	N/A
Expenses	$750	N/A	N/A
Net Income	$310,551	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

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
BRIAN HILL	PRESIDENT	1.00	Director	$0	$0	$0
RICHARD J CROWLEY	SECRETARY AND TREASURER	1.00	Director	$0	$0	$0
WILLIAM E MCGLASHAN JR	DIRECTOR	1.00	Director	$0	$0	$0
MARA BURROS SANDLER	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$311,301	$750	$311,301	$310,551