VASHON ISLAND PUBLIC SCHOOLS FOUNDATION (EIN 273544096) - 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

2010

Legal Domicile

Principal Officer

Vanessa Richter

Phone

2064120824

Tax Period

2024-01-01 to 2024-12-31

VASHON ISLAND PUBLIC SCHOOLS FOUNDATION, founded in 2010, is a small nonprofit in the Education sector that reported $229K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $75K, a strong 33% operating margin.

Mission

The Foundation's primary purpose is to raise the funds necessary to sustain the excellence of Vashon Island School District's educational programs.

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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 $221,564

Program Service Revenue $0

Investment Income $7,008

Other Revenue $0

TOTAL REVENUE $228,572

Expense Breakdown

Grants Paid $115,031

Salaries & Benefits $19,939

Fundraising Expenses $0

Program Expenses $153,137

Other Expenses $18,167

TOTAL EXPENSES $153,137

Year-over-Year Comparison

	2024	2023	Change
Revenue	$228,572	$157,680	+0.4%
Expenses	$153,137	$229,721	-0.3%
Net Income	$75,435	$-72,041	-2.0%

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

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
Craig Klinkham	Director	1	Director	$0	$0	$0
Kirsty Hobson	Director	1	Director	$0	$0	$0
Jennifer Dempsey	Director	1	Director	$0	$0	$0
Betsy Gleb	Director	1	Director	$0	$0	$0
Claire Newman	Director	6.00	Director	$0	$0	$0
Nicole Donnelly Martin	Director	2.00	Director	$0	$0	$0
Claire Allen	Director	2	Director	$0	$0	$0
Anne Guerry	Director	1	Director	$0	$0	$0
Jordan Karr	Co-President	10	Officer	$0	$0	$0
Kennedy Leavens	Co-President	4.00	Officer	$0	$0	$0
Sunny Knight	Vice President	1	Officer	$0	$0	$0
India Alarcon	Secretary	3.5	Officer	$0	$0	$0
Vanessa Richter	Treasurer	3	Officer	$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	$228,572	$153,137	$397,919	$75,435
2022	$272,825	$62,559	$542,102	$210,266
2021	$248,002	$36,327	$443,869	$211,675
2020	$225,117	$24,033	$232,037	$201,084

VASHON ISLAND PUBLIC SCHOOLS FOUNDATION