GLASGOW HIGH SCHOOL EDUCATIONAL TR… - Form 990 Financial Data

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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

1964

Legal Domicile

Principal Officer

JEANINE MARKLE

Phone

4062282858

Tax Period

2024-07-01 to 2025-06-30

GLASGOW HIGH SCHOOL EDUCATIONAL TRUST, founded in 1964, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 89% operating margin.

Mission

THE PURPOSE OF THE TRUST IS TO GRANT FINANCIAL AID TO GLASGOW HIGH SCHOOL GRADUATES IN THEIR PURSUIT OF HIGHER EDUCATION

Program Service Accomplishments

Program 1

Expenses: $126,082

GIFTED NUMEROUS SCHOLARSHIPS TO QUALIFYING INDIVIDUALS

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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 $97,235

Program Service Revenue $0

Investment Income $1,076,493

Other Revenue $0

TOTAL REVENUE $1,173,728

Expense Breakdown

Grants Paid $126,082

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $126,082

Other Expenses $5,666

TOTAL EXPENSES $131,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,173,728	$892,241	+0.3%
Expenses	$131,748	$192,709	-0.3%
Net Income	$1,041,980	$699,532	+0.5%

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	Role	Reportable Comp	Other Comp	Total
BETH KNODEL	TRUSTEE	Director	$0	$0	$0
DREW MARKLE	CRO	Officer Director	$0	$0	$0
ROBERT MARTIN	TRUSTEE	Director	$0	$0	$0
JEREMIAH HOPSTAD	TRUSTEE	Director	$0	$0	$0
JEANINE MARKLE	CEO	Officer Director	$0	$0	$0
DANIELLE ANDERSON	EO	Officer Director	$0	$0	$0
DORIS LEADER	CFO	Officer 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	$1,173,728	$131,748	$12,936,140	$1,041,980
2024	No data	No data	No data	No data
2023	$781,791	$118,779	$11,194,628	$663,012
2022	$584,198	$208,864	$10,531,616	$375,334
2021	$629,101	$244,936	$10,156,282	$384,165
2020	$2,074,600	$158,829	$9,772,117	$1,915,771
2019	$1,418,081	$181,387	$7,856,346	$1,236,694
2018	$479,129	$195,374	$6,619,652	$283,755

GLASGOW HIGH SCHOOL EDUCATIONAL TRUST