ARCHIE TONGE EDUCATION FUND (EIN 941630925) - 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

1966

Legal Domicile

Principal Officer

Larry M Ballew

Phone

5303634614

Tax Period

2024-07-01 to 2025-06-30

ARCHIE TONGE EDUCATION FUND, founded in 1966, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $445K, a strong 36% operating margin.

Mission

TO PROVIDE GRANTS TO BENEFIT OR CARRY OUT THE PURPOSE OF THE SEVENTH DAY ADVENTIST CHURCH.

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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 $0

Program Service Revenue $0

Investment Income $1,220,199

Other Revenue $4,656

TOTAL REVENUE $1,224,855

Expense Breakdown

Grants Paid $501,935

Salaries & Benefits $51,217

Fundraising Expenses $0

Program Expenses $501,935

Other Expenses $227,159

TOTAL EXPENSES $780,311

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,224,855	$1,470,169	-0.2%
Expenses	$780,311	$812,233	0.0%
Net Income	$444,544	$657,936	-0.3%

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

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

$44,342

Total Directors

$95,420

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mayra Thompson	Director	1.00	Director	$600	$66,546	$90,020
Larry M Ballew	CEO	10.00	Officer	$41,642	$0	$41,642
Larry Pressley	Chairperson	1.00	Officer Director	$900	$0	$900
Jennifer Zinke	President	1.00	Officer Director	$900	$0	$900
Margaret Tonge Klammer	Director	1.00	Director	$900	$0	$900
Kathleen Tonge	Director	1.00	Director	$900	$0	$900
Judith Jones Coyle	Director	1.00	Director	$900	$0	$900
Ian Johnson	Secretary/Treas	1.00	Officer Director	$900	$0	$900

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
2025	$1,224,855	$780,311	$16,603,011	$444,544
2024	$1,470,169	$812,233	$16,158,467	$657,936
2023	$661,810	$1,089,177	$15,500,531	$-427,367
2022	$1,787,797	$805,952	$15,927,898	$981,845
2021	$1,697,812	$626,139	$14,946,053	$1,071,673
2020	$18,717	$657,472	$13,874,380	$-638,755
2019	$783,919	$699,918	$14,513,136	$84,001

ARCHIE TONGE EDUCATION FUND