LANCASTER COUNTY VIRGINIA EDUCATION FOUNDATION (EIN 113818945) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

SUSAN PITTMAN

Phone

8044385064

Tax Period

2022-01-01 to 2022-12-31

LANCASTER COUNTY VIRGINIA EDUCATION FOUNDATION, founded in 2007, is a small nonprofit in the Education sector that reported $368K in total revenue in fiscal year 2022. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $213K, a strong 58% operating margin.

Mission

TO SUPPORT STUDENTS AND INSTRUCTORS IN THE LANCASTER COUNTY PUBLIC SCHOOLS WITH PRIVATE RESOURCES FOR EDUCATIONAL EXCELLENCE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $367,922

Program Service Revenue $0

Investment Income $239

Other Revenue $0

TOTAL REVENUE $368,161

Expense Breakdown

Grants Paid $17,275

Salaries & Benefits $0

Fundraising Expenses $2,835

Program Expenses $149,788

Other Expenses $137,598

TOTAL EXPENSES $154,873

Year-over-Year Comparison

	2022	2021	Change
Revenue	$368,161	$116,085	+2.2%
Expenses	$154,873	$40,901	+2.8%
Net Income	$213,288	$75,184	+1.8%

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

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
SHEILA CHEWNING	DIRECTOR	0.25	Director	$0	$0	$0
DAVID CURRAN	DIRECTOR	0.25	Director	$0	$0	$0
ALEXIS FORRESTER	DIRECTOR	0.25	Director	$0	$0	$0
MARY CATHERINE JONES	DIRECTOR	0.25	Director	$0	$0	$0
ANNA KELLUM	DIRECTOR	0.25	Director	$0	$0	$0
FAITH KEMP	DIRECTOR	0.25	Director	$0	$0	$0
KATHERINE LANTZ	DIRECTOR	0.25	Director	$0	$0	$0
VERA LEE	DIRECTOR	0.25	Director	$0	$0	$0
KEEGAN WALTERS	DIRECTOR	0.25	Director	$0	$0	$0
WILLIAM WARREN	DIRECTOR	0.25	Director	$0	$0	$0
CHIP WOODSON	DIRECTOR	0.25	Director	$0	$0	$0
SANDY WOODSON	DIRECTOR	0.25	Director	$0	$0	$0
JULIA ALDERSON	VICE PRESIDE	5.00	Officer	$0	$0	$0
KIMBERLY CROCKETT	PRESIDENT/SE	5.00	Officer	$0	$0	$0
SUSAN PITTMAN	TREASURER	5.00	Officer	$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
2022	$368,161	$154,873	$443,304	$213,288
2022	No data	No data	No data	No data

LANCASTER COUNTY VIRGINIA EDUCATION FOUNDATION