Chatom Public Schools Endowment Fund Inc

EIN: 200006862 501(c)(3) Education

Chatom, AL

Total Revenue
$977
Total Expenses
$2,096
Total Assets
$57,275
Net Assets
$57,275
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
AL
Principal Officer
Harold Crouch
Tax Period
2023-10-01 to 2024-09-30

Chatom Public Schools Endowment Fund Inc, founded in 2003, is a micro nonprofit in the Education sector that reported $977 in total revenue in fiscal year 2023. Expenses of $2K exceeded revenue, resulting in a 115% operating deficit.

Mission

To solicit and invest endowments and donations to provide a long-range source of income for the sole benefit of the Chatom, AL-area public schools, with the objective of providing supplemental funds for areas underfunded by the schools' regular funding sources.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $977
Other Revenue $0
TOTAL REVENUE $977

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,000
Other Expenses $96
TOTAL EXPENSES $2,096

Year-over-Year Comparison

2023 2022 Change
Revenue $977 N/A N/A
Expenses $2,096 N/A N/A
Net Income $-1,119 $0 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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Benjamin Jones Director 1.00
Officer Director
$0 $0 $0
Ashli O Page Treasurer 1.00
Officer Director
$0 $0 $0
Dirk Dykstra Director 1.00
Director
$0 $0 $0
Holly Jordan Director 1.00
Director
$0 $0 $0
Harold Crouch 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 $977 $2,096 $57,275 $-1,119
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