FLORA, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CARROLL EDUCATION FOUNDATION INC, founded in 2006, is a small nonprofit in the Education sector that reported $146K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 20% operating deficit.
THE EDUCATIONAL PURPOSE OF THE FOUNDATION IS TO SUPPORT AND ENHANCE THE ADVANCEMENT OF EDUCATION THROUGH STUDENT SCHOLARSHIPS, AWARDS FOR INNOVATIVE TEACHER-DRIVEN PROJECTS, RECOGNITION OF OUTSTANDING FACULTY AND STAFF, AND PROVIDING FOR NON-BUDGETED SCHOOL NEEDS. THE AREA OF SERVICE THE GEOGRAPHIC AREA SERVED BY CARROLL CONSOLIDATED SCHOOL CORPORATION IN EXECUTING THIS PURPOSE. THE COMMUNITY PURPOSE OF THE FOUNDATION IS TO ENHANCE COMMUNITY SUPPORT FOR EDUCATION BY PROMOTING AWARENESS OF SCHOOL PROGRAMS AND PROVIDING A MEANS FOR INDIVIDUALS, ORGANIZATIONS, AND THE BUSINESS COMMUNITY TO SHARE RESOURCES WITH THE SCHOOL.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $146,152 | $186,908 | -0.2% |
| Expenses | $175,854 | $166,169 | +0.1% |
| Net Income | $-29,702 | $20,739 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KATRINA SCAGNOLI | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BETH STEPHENS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY BUSH | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY POWLEN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEVE KEOWN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GREG KUNS | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MAGGIE RANDLE | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC JOHNSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH THACKERY | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $146,152 | $175,854 | $3,240,744 | $-29,702 |
| 2023 | $186,908 | $166,169 | $3,270,446 | $20,739 |
| 2022 | $186,480 | $141,394 | $3,249,707 | $45,086 |
| 2021 | $163,977 | $138,658 | $3,204,621 | $25,319 |
| 2020 | $124,315 | $117,339 | $3,179,302 | $6,976 |
| 2019 | $219,205 | $105,323 | $3,172,326 | $113,882 |
Compare CARROLL EDUCATION FOUNDATION INC with other nonprofits in Indiana and across the country.