DESERT SANDS USD SCHOOL BUILDING CORPORATION (EIN 237439910) - 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

1975

Legal Domicile

Principal Officer

MICHAEL BRACKEN

Phone

7607774200

Tax Period

2023-07-01 to 2024-06-30

DESERT SANDS USD SCHOOL BUILDING CORPORATION, founded in 1975, is a community nonprofit in the Education sector that reported $6.6M in total revenue in fiscal year 2023. Net assets of $135.1M represent 247 months of operating reserves.

Mission

ACQUISITION, CONSTRUCTION AND FINANCING OF EDUCATIONAL FACILITIES FOR THE DESERT SANDS UNIFIED SCHOOL DISTRICT

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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 $0

Program Service Revenue $6,572,479

Investment Income $2

Other Revenue $0

TOTAL REVENUE $6,572,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,572,492

Other Expenses $6,572,492

TOTAL EXPENSES $6,572,492

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,572,481	$6,568,482	+0.0%
Expenses	$6,572,492	$6,568,481	+0.0%
Net Income	$-11	$1	-12.0%

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

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
MICHAEL BRACKEN	PRESIDENT	0.50	Officer Director	$0	$0	$0
SABBY JONATHAN	TREASURER	0.50	Officer Director	$0	$0	$0
VAN TANNER	SECRETARY & TREASURER	0.50	Officer Director	$0	$0	$0
MICHAEL OLIPHANT	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
TARAH KENNEDY	MEMBER	0.50	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	No data	No data	No data	No data
2024	$6,572,481	$6,572,492	$142,944,516	$-11
2023	$6,568,482	$6,568,481	$149,054,693	$1
2022	$6,567,628	$6,567,631	$154,587,199	$-3
2021	$6,567,160	$6,567,381	$160,042,202	$-221
2020	$8,558,997	$8,559,631	$165,237,423	$-634
2019	$8,539,217	$8,544,581	$172,083,057	$-5,364
2018	$8,553,495	$9,965,222	$178,638,421	$-1,411,727

DESERT SANDS USD SCHOOL BUILDING CORPORATION