BASALT EDUCATION FOUNDATION (EIN 201638963) - 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

2004

Legal Domicile

Principal Officer

AMY HONEY

Phone

9703790784

Tax Period

2024-01-01 to 2024-06-30

BASALT EDUCATION FOUNDATION, founded in 2004, is a small nonprofit in the Education sector that reported $179K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $216K exceeded revenue, resulting in a 21% operating deficit.

Mission

THE BASALT EDUCATION FOUNDATIONS RAISES FUNDS TO ENHANCE EDUCATION IN THE BASALT PUBLIC SCHOOLS, AND SEEKS TO MAXIMIZE COMMUNITY INVESTMENT IN ORDER TO DELIVER INNOVATIVE, CREATIVE PROGRAMMING AND EXPERIENCES FOR EVERY STUDENT, WHILE ALLEVIATING SCHOOL BUDGETARY CONSTRAINTS.

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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 $152,897

Program Service Revenue $0

Investment Income $26,210

Other Revenue $0

TOTAL REVENUE $179,107

Expense Breakdown

Grants Paid $138,746

Salaries & Benefits $41,912

Fundraising Expenses $14,257

Program Expenses $178,777

Other Expenses $35,249

TOTAL EXPENSES $215,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,107	$306,435	-0.4%
Expenses	$215,907	$234,525	-0.1%
Net Income	$-36,800	$71,910	-1.5%

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
AMY HONEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
BROOK PORTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CASEY LIVINGSTON	GRANTING CHAIR	1.00	Officer Director	$0	$0	$0
DAN MARKOYA	SCHOLARSHIP CHAIR	1.00	Officer Director	$0	$0	$0
GONZO MIRICH	BOARD MEMBER	1.00	Director	$0	$0	$0
HENNING RAHM	BOARD MEMBER	1.00	Director	$0	$0	$0
JAN JENNINGS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARCI SEYMOUR	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA KNIGHT	SECRETARY	1.00	Officer Director	$0	$0	$0
MINETTE MAHONEY	TREASURER	1.00	Officer Director	$0	$0	$0
SHELLY SEARLES	BOARD MEMBER	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
2025	No data	No data	No data	No data
2024	$179,107	$215,907	$738,962	$-36,800
2023	$306,435	$234,525	$747,239	$71,910
2022	$259,920	$163,544	$662,011	$96,376
2021	$202,925	$129,276	$633,828	$73,649
2020	$158,372	$190,644	$508,919	$-32,272

BASALT EDUCATION FOUNDATION