OPTIONS IN EDUCATION FOUNDATIONINC (EIN 204996801) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

JACK COLWELL

Phone

3177738659

Tax Period

2023-07-01 to 2024-06-30

OPTIONS IN EDUCATION FOUNDATIONINC is a small nonprofit in the Education sector that reported $392K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $362K left a modest 8% surplus.

Mission

TO SUPPORT EDUCATIONAL INSTITUTION, OPTIONS SCHOOLS INDIANA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,499

Program Service Revenue $0

Investment Income $1,750

Other Revenue $348,000

TOTAL REVENUE $392,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,797

Other Expenses $362,015

TOTAL EXPENSES $362,015

Year-over-Year Comparison

	2023	2022	Change
Revenue	$392,249	$512,087	-0.2%
Expenses	$362,015	$383,775	-0.1%
Net Income	$30,234	$128,312	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
LAURA ARIVE	TREASURER	N/A	Officer	$0	$0	$0
JAKE BRANDAU	FNDTN VICE P	N/A	Officer	$0	$0	$0
TRAVIS CARMEAN	BOARD CHAIR	N/A	Officer	$0	$0	$0
JACK COLWELL	CFO	N/A	Officer	$0	$0	$0
PATRICIA ELLIS	BOARD VICE C	N/A	Officer	$0	$0	$0
LEANNE FOWLER	MEMBER	N/A	Officer	$0	$0	$0
SARAH GUFFEY	SECRETARY	N/A	Officer	$0	$0	$0
MIKE GUSTIN	FOUNDATION P	N/A	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	$392,249	$362,015	$7,103,688	$30,234
2023	$512,087	$383,775	$7,227,870	$128,312
2022	$810,817	$435,583	$7,243,218	$375,234
2021	$2,119,902	$59,180	$6,962,499	$2,060,722
2020	$1,340,337	$26,646	$1,362,162	$1,313,691

OPTIONS IN EDUCATION FOUNDATIONINC