ASSUMPTION FOUNDATION FOR K-12 SCHOOLS (EIN 237311256) - Form 990 Financial Analysis & Trantor Score

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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

1973

Legal Domicile

Phone

5633283104

Tax Period

2023-01-01 to 2023-12-31

ASSUMPTION FOUNDATION FOR K-12 SCHOOLS, founded in 1973, is a small nonprofit that reported $783K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $491K, a strong 63% operating margin.

Mission

TO ADVOCATE FOR AND ADVANCE THE EXCELLENCE OF CATHOLIC EDUCATION AT ASSUMPTION HIGH SCHOOL, AND IN THE CATHOLIC ELEMENTARY SCHOOLS OF SCOTT COUNTY, IOWA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $452,814

Program Service Revenue $0

Investment Income $330,099

Other Revenue $86

TOTAL REVENUE $782,999

Expense Breakdown

Grants Paid $239,994

Salaries & Benefits $40,032

Fundraising Expenses $0

Program Expenses $239,994

Other Expenses $11,604

TOTAL EXPENSES $291,630

Year-over-Year Comparison

	2023	2022	Change
Revenue	$782,999	$968,827	-0.2%
Expenses	$291,630	$417,190	-0.3%
Net Income	$491,369	$551,637	-0.1%

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
DAN TIMMONS	DIRECTOR	N/A	Director	$0	$0	$0
ERIC VANSEVERAN	DIRECTOR	N/A	Director	$0	$0	$0
JAN WEST	DIRECTOR	N/A	Director	$0	$0	$0
JEFF O'ROUKE	DIRECTOR	N/A	Director	$0	$0	$0
MIKE CORYN	DIRECTOR	N/A	Director	$0	$0	$0
BEN JOBGEN	DIRECTOR	N/A	Director	$0	$0	$0
DAN CONROY	DIRECTOR	N/A	Director	$0	$0	$0
MARTY EILERS	DIRECTOR	N/A	Director	$0	$0	$0
MIKE BYRNE	DIRECTOR	N/A	Director	$0	$0	$0
NICK HAUT	DIRECTOR	N/A	Director	$0	$0	$0
ROSEMARY BARTON	DIRECTOR	N/A	Director	$0	$0	$0
BILL BARRETT	DIRECTOR	N/A	Director	$0	$0	$0
DENNIS CONARD	DIRECTOR	N/A	Director	$0	$0	$0
DOUG JENNINGS	DIRECTOR	N/A	Director	$0	$0	$0
TOM SUNDERBRUCH	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN DUFFY	DIRECTOR	N/A	Director	$0	$0	$0
JOHN CARROLL	DIRECTOR	N/A	Director	$0	$0	$0
KRISTYN TJADEN	DIRECTOR	N/A	Director	$0	$0	$0
DOUG JENKINS	DIRECTOR	N/A	Director	$0	$0	$0
ELEONOR GONZALEZ	DIRECTOR	N/A	Director	$0	$0	$0
MICHAEL VONDERHAAR	DIRECTOR	N/A	Director	$0	$0	$0
N/A	TRUSTEE	N/A		$37,155	$0	$37,155

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	No data	No data	No data	No data
2023	$782,999	$291,630	$7,339,782	$491,369
2022	$618,184	$163,621	$6,745,633	$454,563

ASSUMPTION FOUNDATION FOR K-12 SCHOOLS