NEW ALBANY - FLOYD COUNTY EDUCATIONAL FOUNDATION INC

EIN: 202552199 501(c)(3) Education

NEW ALBANY, IN

Total Revenue
$945,987
Total Expenses
$784,426
Total Assets
$2,039,167
Net Assets
$1,866,708
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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
2005
Legal Domicile
IN
Principal Officer
ROBIN MCCOLLOUGH
Phone
8129484662
Tax Period
2024-07-01 to 2025-06-30

NEW ALBANY - FLOYD COUNTY EDUCATIONAL FOUNDATION INC, founded in 2005, is a small nonprofit in the Education sector that reported $946K in total revenue in fiscal year 2024. The organization ran a surplus of $162K, a strong 17% operating margin.

Mission

TO ASSIST AND BENEFIT PUBLIC EDUCATION IN FLOYD COUNTY, INDIANA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $690,940
Program Service Revenue $0
Investment Income $44,627
Other Revenue $210,420
TOTAL REVENUE $945,987

Expense Breakdown

Grants Paid $459,586
Salaries & Benefits $179,962
Fundraising Expenses $123,518
Program Expenses $586,781
Other Expenses $144,878
TOTAL EXPENSES $784,426

Year-over-Year Comparison

2024 2023 Change
Revenue $945,987 $887,374 +0.1%
Expenses $784,426 $876,266 -0.1%
Net Income $161,561 $11,108 +13.5%
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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Governance

Voting Members
18
Independent Members
18
Employees
3
Volunteers
18

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
6
$113,075
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY SIGMAN DAVIS BOARD MEMBER 2.00
Director
$0 $0 $0
BRAD BENSON BOARD MEMBER 2.00
Director
$0 $0 $0
CARL WILLIAMS BOARD MEMBER 2.00
Director
$0 $0 $0
CARLY LANIUS BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID BAUER BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA PUGH BOARD MEMBER 2.00
Director
$0 $0 $0
JOE GLOVER BOARD MEMBER 2.00
Director
$0 $0 $0
JOSH KORNBERG BOARD MEMBER 2.00
Director
$0 $0 $0
KELLY TRASK BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELE DAY BOARD MEMBER 2.00
Director
$0 $0 $0
MOLLY RUBESH BOARD MEMBER 2.00
Director
$0 $0 $0
ROBIN MCCOLLOUGH BOARD MEMBER 2.00
Director
$0 $0 $0
TAMI HATFIELD-KENNEDY BOARD MEMBER 2.00
Director
$0 $0 $0
TRISH FREDERICK BOARD MEMBER 2.00
Director
$0 $0 $0
ALLEN PLATT CHAIR 2.00
Officer Director
$0 $0 $0
JULIE LARNER VICE CHAIR 2.00
Officer Director
$0 $0 $0
LAURA MUNCY SECRETARY 2.00
Officer Director
$0 $0 $0
ELIZABETH HILBRICH TREASURER 2.00
Officer Director
$0 $0 $0
TYLER BLISS EXECUTIVE DIRECTOR - PART YEAR 40.00
Officer
$102,152 $0 $102,152
SHANE STUBER EXECUTIVE DIRECTOR - PART YEAR 40.00
Officer
$10,923 $0 $10,923
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 $945,987 $784,426 $2,039,167 $161,561
2024 $887,374 $876,266 $1,783,735 $11,108
2023 $886,196 $547,497 $1,568,483 $338,699
2022 $895,820 $581,315 $1,272,312 $314,505
2021 $676,708 $417,048 $936,421 $259,660
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