SPRINGFIELD SCHOOL VOLUNTEERS FOUN… - Form 990 Financial Data

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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

2004

Legal Domicile

Principal Officer

DENISE COGMAN

Phone

4137877017

Tax Period

2023-01-01 to 2023-12-31

SPRINGFIELD SCHOOL VOLUNTEERS FOUNDATION INC, founded in 2004, is a micro nonprofit in the Education sector that reported $28K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring.

Mission

SEE PART I LINE 1

Program Service Accomplishments

Program 1

Support Springfield Public Schools

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $27,792

Other Revenue $0

TOTAL REVENUE $27,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2023	2022	Change
Revenue	$27,792	$36,151	-0.2%
Expenses	N/A	N/A	N/A
Net Income	N/A	$36,151	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

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

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

$101,920

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Denise Cogman	President CEO	001.00	Officer	$0	$6,874	$101,920
Lisa Bakowski	Director	001.00	Director	$0	$0	$0
Michelle Norman	Director	001.00	Director	$0	$0	$0
Yvette Frisby	Director	001.00	Director	$0	$0	$0
Cheryl Ray-Bass	Director	001.00	Director	$0	$0	$0
Carol Kinsley	Director Emeriti	001.00	Director	$0	$0	$0
B John Dill	Director Emeriti	001.00	Director	$0	$0	$0
Gilberto Amador	Vice Chair	001.00	Officer	$0	$0	$0
Dr Lucie Lewis	Chair	001.00	Officer	$0	$0	$0
Joel Senez	Clerk	001.00	Officer	$0	$0	$0
Matthew Nash	Treasurer	001.00	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
2023	$27,792	No data	$1,048,409	No data
2022	$36,151	No data	$912,730	No data
2021	$45,513	No data	$1,064,217	No data
2020	$177,501	No data	$947,765	No data
2019	$14,823	No data	$858,673	No data
2018	$15,307	No data	$752,823	No data

SPRINGFIELD SCHOOL VOLUNTEERS FOUNDATION INC