SENECA R-7 SCHOOLS FOUNDATION INC (EIN 311644963) - 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

1998

Principal Officer

STACI COOPER

Phone

4177763426

Tax Period

2023-01-01 to 2023-12-31

SENECA R-7 SCHOOLS FOUNDATION INC, founded in 1998, is a small nonprofit in the Education sector that reported $346K in total revenue in fiscal year 2023. Revenue surged 154% from the prior year, signaling strong growth momentum. The organization ran a surplus of $179K, a strong 52% operating margin.

Mission

THE ORGANIZATION'S PRIMARY EXEMPT FUNCTION IS TO RAISE FUNDS AND USE EXISTING MONEY TO GIVE SCHOLARSHIPS TO HIGH SCHOOL SENIORS ANNUALLY.

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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 $333,185

Program Service Revenue $0

Investment Income $12,820

Other Revenue $0

TOTAL REVENUE $346,005

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $150,400

Other Expenses $166,849

TOTAL EXPENSES $166,849

Year-over-Year Comparison

	2023	2022	Change
Revenue	$346,005	$136,405	+1.5%
Expenses	$166,849	$61,409	+1.7%
Net Income	$179,156	$74,996	+1.4%

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
DERON BURR	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
STACI COOPER	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
BILLY FRIEND	BOARD MEMBER	N/A	Director	$0	$0	$0
BOBBY MARTIN	BOARD MEMBER	N/A	Director	$0	$0	$0
MICHAEL STEELE	PRESIDENT	N/A	Officer Director	$0	$0	$0
GLENNA WALLACE	BOARD MEMBER	N/A	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	$346,005	$166,849	$550,161	$179,156
2022	$136,405	$61,409	$418,802	$74,996
2021	$179,329	$808,131	$488,231	$-628,802

SENECA R-7 SCHOOLS FOUNDATION INC