MILLBROOK CENTRAL SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC

EIN: 010563945 501(c)(3) Education

MILLBROOK, NY

Total Revenue
$192,316
Total Expenses
$48,695
Total Assets
$308,935
Net Assets
$308,935
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NY
Principal Officer
LINDA WILTSE
Phone
8458259474
Tax Period
2023-01-01 to 2023-12-31

MILLBROOK CENTRAL SCHOOL DISTRICT EDUCATIONAL FOUNDATION INC, founded in 2001, is a small nonprofit in the Education sector that reported $192K in total revenue in fiscal year 2023. Revenue surged 681% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 75% operating margin.

Mission

THE CORPORATION IS ORGANIZED AS A NON-PROFIT CORPORATION WHOSE MAIN FUNCTION IS TO SOLICIT, INVEST, AND ALLOCATE CHARITABLE GIFTS AND GRANTS ON BEHALF OF MILLBROOK CENTRAL SCHOOL DISTRICT, MILLBROOK, NY. THE ACTIVITIES OF THE CORPORATION SHALL BE CONDUCTED IN SUCH MANNER THAT NO PART OF ITS EARNINGS SHALL INURE TO THE BENEFIT OF ANY MEMBER, TRUSTEE, ETC. OTHER THAN TO ORGANIZATIONS THAT QUALIFY AS EXEMPT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $184,155
Program Service Revenue $0
Investment Income $2,707
Other Revenue $5,454
TOTAL REVENUE $192,316

Expense Breakdown

Grants Paid $35,105
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,302
Other Expenses $13,590
TOTAL EXPENSES $48,695

Year-over-Year Comparison

2023 2022 Change
Revenue $192,316 $24,635 +6.8%
Expenses $48,695 $30,198 +0.6%
Net Income $143,621 $-5,563 -26.8%
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

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
0
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL HORTON TRUSTEE 1.00
Director
$0 $0 $0
CASSANDRA BUKANTIS TREASURER 1.00
Director
$0 $0 $0
CHRISTINA DIMITRIADIS TRUSTEE 1.00
Director
$0 $0 $0
CHRIS LABELLE TRUSTEE 1.00
Director
$0 $0 $0
DEE VOLEK TRUSTEE 1.00
Director
$0 $0 $0
DEVON AGNE TRUSTEE 1.00
Director
$0 $0 $0
LINDA LOMANGINO TRUSTEE 1.00
Director
$0 $0 $0
STEPHANIE SARANDON-TURNER TRUSTEE 1.00
Director
$0 $0 $0
RACHEL D'ASCOLI TRUSTEE 1.00
Director
$0 $0 $0
LAURA CARON TRUSTEE 1.00
Director
$0 $0 $0
KRISTA FRAGOS VICE PRESIDENT 1.00
Director
$0 $0 $0
JENNIFER MORIARTTY TRUSTEE 1.00
Director
$0 $0 $0
PAM GARCIA TRUSTEE 1.00
Director
$0 $0 $0
LINDA WILTSE SECRETARY 1.00
Director
$0 $0 $0
YULIYA KORNEVYCH TRUSTEE 1.00
Director
$0 $0 $0
SARAH GONZALEZ TRUSTEE 1.00
Director
$0 $0 $0
CAROLINE PADILLA TRUSTEE 1.00
Director
$0 $0 $0
MARIE SCAGNELLI TRUSTEE 1.00
Director
$0 $0 $0
KRISTA MEYERS PRESIDENT 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
2023 $192,316 $48,695 $308,935 $143,621
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