THE BALOUSEK FAMILY FOUNDATION

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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

2006

Legal Domicile

Principal Officer

KATHLEEN BALOUSEK

Phone

9253768934

Tax Period

2024-01-01 to 2024-12-31

THE BALOUSEK FAMILY FOUNDATION, founded in 2006, is a small nonprofit in the Education sector that reported $111K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $191K exceeded revenue, resulting in a 71% operating deficit.

Mission

PROVIDING SHOES AND OTHER CLOTHING ITEMS TO NEEDY CHILDREN WHO ATTEND ELEMENTARY SCHOOLS IN ORDER TO ENHANCE THE SELF-ESTEEM OF SUCH STUDENTS AND THUS ATTEMPT TO IMPROVE THEIR SCHOLASTIC ACHIEVEMENT AND INTEREST.

Program Service Accomplishments

Program 1

Expenses: $181,165

PAIRING NEEDY SCHOOLCHILDREN AND THEIR NEEDS FOR SHOES AND CLOTHING ITEMS WITH INDIVIDUALS, GROUPS, BUSINESSES, FOUNDATIONS, AND OTHER ENTITIES WHO WISH TO PURCHASE OR DONATE FUNDS FOR THE PURCHASE...

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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 $110,403

Program Service Revenue $0

Investment Income $814

Other Revenue $0

TOTAL REVENUE $111,217

Expense Breakdown

Grants Paid $156,122

Salaries & Benefits $22,859

Fundraising Expenses $0

Program Expenses $181,165

Other Expenses $11,680

TOTAL EXPENSES $190,661

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,217	$142,577	-0.2%
Expenses	$190,661	$109,565	+0.7%
Net Income	$-79,444	$33,012	-3.4%

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
KATHLEEN BALOUSEK	SECRETARY	1.00	Director	$0	$0	$0
STANLEY ROTH	DIRECTOR	0.20	Director	$0	$0	$0
BONNIE KOOJOOLIAN	DIRECTOR	0.20	Director	$0	$0	$0
ANNEMARIE CLAYMORE	DIRECTOR	0.20	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	$111,217	$190,661	$673,273	$-79,444
2023	$142,577	$109,565	$753,315	$33,012
2022	$116,776	$103,730	$719,705	$13,046
2021	$132,987	$80,986	$706,659	$52,001
2020	$178,017	$89,851	$659,449	$88,166
2019	$144,332	$114,274	$565,221	$30,058
2018	$143,483	$65,978	$535,163	$77,505