Patten Education Foundation (EIN 941570130) - 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

1944

Legal Domicile

Principal Officer

Dr Gary Moncher President

Phone

5102618500

Tax Period

2024-01-01 to 2024-12-31

Patten Education Foundation, founded in 1944, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Net assets of $4.3M represent 43 months of operating reserves.

Mission

TO PROVIDE HIGH QUALITY ACCESSIBLE AFFORDABLE UNDERGRADUATE AND GRADUATE EDUCATION THAT INTEGRATES LEADERSHIP AND SERVICE TO INSPIRE STUDENTS TO ENGAGE IN COMMUNITY AND GLOBAL TRANSFORMATION.

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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 $1,066,574

Program Service Revenue $73,049

Investment Income $680

Other Revenue $53,480

TOTAL REVENUE $1,193,783

Expense Breakdown

Grants Paid $472,434

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,013,020

Other Expenses $748,434

TOTAL EXPENSES $1,220,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,193,783	$1,155,704	+0.0%
Expenses	$1,220,868	$1,081,927	+0.1%
Net Income	$-27,085	$73,777	-1.4%

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
Pastor Tobey Montgomery	Chairman	10.00	Officer Director	$0	$0	$0
Dr Gary Moncher	President	5.00	Officer Director	$0	$0	$0
Bishop JW Macklin	Trustee	1.00	Director	$0	$0	$0
Dr Sharon Anderson	Trustee	5.00	Director	$0	$0	$0
Dr Faith Chao	Trustee	1.00	Director	$0	$0	$0
Pastor Dan Moore	Trustee	1.00	Director	$0	$0	$0
Dr Robert Crick	Trustee	1.00	Director	$0	$0	$0
Rev Wortham Fears	Trustee	1.00	Director	$0	$0	$0
Dr Carlos Moran	Trustee	1.00	Director	$0	$0	$0
Chancellor Elihu Harris	Trustee	1.00	Director	$0	$0	$0
Mr Larry Walker	Trustee	1.00	Director	$0	$0	$0
Mr Dennis McGuire	Trustee	1.00	Director	$0	$0	$0
Mr Paul Sowell	Trustee	1.00	Director	$0	$0	$0
Pastor Charles Fischer	Trustee	10.00	Director	$0	$0	$0
Mr James Gregory	Trustee	1.00	Director	$0	$0	$0
Mr John Mayer	Trustee	5.00	Director	$0	$0	$0
Mr Mark Williams	Trustee	1.00	Director	$0	$0	$0
Darla Cuadra	Vice President	15.00	Officer Director	$0	$0	$0
Kenneth Romines	Vice President	15.00	Officer 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	$1,193,783	$1,220,868	$5,361,688	$-27,085
2023	$1,155,704	$1,081,927	$5,320,105	$73,777
2022	$524,555	$858,923	$4,872,827	$-334,368
2021	$172,228	$65,661	$5,213,945	$106,567
2020	$806,039	$68,550	$5,102,356	$737,489
2019	$1,680,773	$729,882	$4,512,870	$950,891
2018	$411,270	$1,937,876	$6,155,928	$-1,526,606

Patten Education Foundation