FERNBANK ELEMENTARY SCHOOL FOUNDATION INC

EIN: 264028143 501(c)(3) Education

ATLANTA, GA

Total Revenue
$182,409
Total Expenses
$141,776
Total Assets
$390,748
Net Assets
$387,401
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Principal Officer
SARAH POCIASK
Phone
4042909737
Tax Period
2023-08-01 to 2024-07-31

FERNBANK ELEMENTARY SCHOOL FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $182K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $41K, a strong 22% operating margin.

Mission

FORMED IN 2009, THE FOUNDATION IS A NON-PROFIT, 501(C)3 ORGANIZATION. IT CONTRIBUTES TO THE LONG-TERM DEVELOPMENT AND SUCCESS OF FERNBANK ELEMENTARY SCHOOL BY RAISING AND MANAGING FUNDS FOR SUPPLEMENTAL EDUCATIONAL ENHANCEMENTS. THE FOUNDATION'S SUPPORT AUGMENTS COUNTY RESOURCES, FILLING IN THE GAPS TO GIVE FERNBANK STUDENTS THE SPECIAL TOOLS THEY NEED FOR FURTHER SUCCESS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $197,446
Program Service Revenue $0
Investment Income $706
Other Revenue $-15,743
TOTAL REVENUE $182,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $44,523
Fundraising Expenses $0
Program Expenses $134,715
Other Expenses $97,253
TOTAL EXPENSES $141,776

Year-over-Year Comparison

2023 2022 Change
Revenue $182,409 $155,327 +0.2%
Expenses $141,776 $218,892 -0.4%
Net Income $40,633 $-63,565 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
50

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAIRE HENWOOD PRESIDENT 7.50
Officer Director
$0 $0 $0
MARY COOPER ADAMS VICE PRESIDE 7.50
Officer Director
$0 $0 $0
SARAH POCIASK TREASURER 7.50
Officer Director
$0 $0 $0
BERIT BJORKLUND TURNER SECRETARY 0.50
Officer Director
$0 $0 $0
STEPHANIE JAMES PAST PRESIDE 0.50
Director
$0 $0 $0
TIANNA BAILEY DIRECTOR 0.50
Director
$0 $0 $0
BARRY DUNHAM DIRECTOR 0.50
Director
$0 $0 $0
MARK PETRALIA DIRECTOR 0.50
Director
$0 $0 $0
BETH PETTY DIRECTOR 0.50
Director
$0 $0 $0
AMANDA REDMAN DIRECTOR 0.50
Director
$0 $0 $0
ROBIN ROLAND DIRECTOR 0.50
Director
$0 $0 $0
LYNN WASHINGTON DIRECTOR 0.50
Director
$0 $0 $0
ANNE ELZEMEYER DIRECTOR 0.50
Director
$0 $0 $0
ROSEMARY CALLI DIRECTOR 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 $182,409 $141,776 $390,748 $40,633
2023 $155,327 $218,892 $357,910 $-63,565
2022 $188,966 $106,869 $422,844 $82,097
2021 $40,861 $62,989 $341,537 $-22,128
2020 $166,678 $69,989 $410,484 $96,689
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