THE FOUNDATION FOR LAS VIRGENES SCHOOLS (EIN 274870865) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MARK MADNICK

Phone

8188785277

Tax Period

2024-01-01 to 2024-12-31

THE FOUNDATION FOR LAS VIRGENES SCHOOLS, founded in 2010, is a small nonprofit in the Education sector that reported $130K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $112K left a modest 14% surplus.

Mission

PROVIDE DIRECT AND INDIRECT FINANCIAL SUPPORT TO THE LAS VIRGENES UNIFIED SCHOOL DISTRICT (A 501(C)(3) ORGANIZATION) IN ORDER TO MAINTAIN THE HIGHEST QUALITY EDUCATION POSSIBLE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,241

Program Service Revenue $0

Investment Income $8,709

Other Revenue $119,706

TOTAL REVENUE $129,656

Expense Breakdown

Grants Paid $100,370

Salaries & Benefits $0

Fundraising Expenses $8,791

Program Expenses $100,370

Other Expenses $11,149

TOTAL EXPENSES $111,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$129,656	$159,119	-0.2%
Expenses	$111,519	$120,042	-0.1%
Net Income	$18,137	$39,077	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MARK MADNICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
MONICA PARMAR	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID RICE	TREASURER	2.00	Officer Director	$0	$0	$0
ANDREW WOLHWEND	SECRETARY	2.00	Officer Director	$0	$0	$0
AARON WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
TODD GILLMAN	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE FREEDMAN	DIRECTOR	2.00	Director	$0	$0	$0
RACHEL TABAK	DIRECTOR	2.00	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	$129,656	$111,519	$341,942	$18,137
2023	$159,119	$120,042	$323,805	$39,077
2022	$181,297	$153,262	$284,728	$28,035
2021	$134,398	$121,667	$256,693	$12,731
2020	$113,851	$35,696	$243,962	$78,155
2019	$132,053	$158,344	$109,730	$-26,291
2018	$157,821	$122,360	$136,021	$35,461

THE FOUNDATION FOR LAS VIRGENES SCHOOLS