LOUDONVILLE-PERRYSVILLE SCHOOL FOUNDATION INC (EIN 261770657) - 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

2008

Legal Domicile

Principal Officer

MICHAEL BANDY

Phone

4196510057

Tax Period

2023-01-01 to 2023-12-31

LOUDONVILLE-PERRYSVILLE SCHOOL FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $188K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $146K, a strong 77% operating margin.

Mission

FINANCIAL SUPPORT OF LOUDONVILLE-PERRYSVILLE 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 $132,936

Program Service Revenue $0

Investment Income $41,036

Other Revenue $14,252

TOTAL REVENUE $188,224

Expense Breakdown

Grants Paid $28,251

Salaries & Benefits $1,688

Fundraising Expenses $0

Program Expenses $42,558

Other Expenses $12,619

TOTAL EXPENSES $42,558

Year-over-Year Comparison

	2023	2022	Change
Revenue	$188,224	$394,429	-0.5%
Expenses	$42,558	$30,496	+0.4%
Net Income	$145,666	$363,933	-0.6%

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

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 BANDY	PRESIDENT	10.00	Officer	$0	$0	$0
KENNY LIBBEN	VICE PRESIDE	1.00	Officer	$0	$0	$0
KERRY MACQUEEN	SECRETARY	1.00	Officer	$0	$0	$0
STACEY KINER	TREASURER	2.50	Officer	$0	$0	$0
SHARON BAKER	TRUSTEE	0.50	Director	$0	$0	$0
MOLLY KERN	TRUSTEE	0.50	Director	$0	$0	$0
VICKY STEPHENSON	TRUSTEE	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
2024	No data	No data	No data	No data
2023	$188,224	$42,558	$1,122,619	$145,666
2022	$394,429	$30,496	$880,551	$363,933
2021	$136,659	$30,898	$644,507	$105,761
2020	$77,696	$29,820	$510,688	$47,876

LOUDONVILLE-PERRYSVILLE SCHOOL FOUNDATION INC