LETCHER CO SCHOOLS ED FOUNDATION

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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

2004

Legal Domicile

Phone

6066334455

Tax Period

2025-01-01 to 2025-12-31

LETCHER CO SCHOOLS ED FOUNDATION, founded in 2004, is a micro nonprofit in the Recreation & Sports sector that reported $2K in total revenue in fiscal year 2025. The organization ran a surplus of $1K, a strong 62% operating margin.

Mission

IMPROVE THE EDUCATION OF STUDENTS IN LETCHER COUNTY KY

Program Service Accomplishments

Program 1

CHANNELED MONEY TOWARD ENCOURAGING THE ARTS IN LETCHER COUNTY KY AS WELL AS ATHLETICS AND GENERAL SCHOLARSHIPS FOR GRADUATING LETCHER COUNTY STUDENTS

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,000

Program Service Revenue $0

Investment Income $120

Other Revenue $0

TOTAL REVENUE $2,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $805

TOTAL EXPENSES $805

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,120	$2,118	+0.0%
Expenses	$805	$1,390	-0.4%
Net Income	$1,315	$728	+0.8%

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

N/A

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
ELWOOD CORNETT	BOARD MEMBER	10.00	Director	$0	$0	$0
TONY SERGENT	BOARD MEMBER	1.00	Director	$0	$0	$0
LENA TIDAL	BOARD MEMBER	1.00	Director	$0	$0	$0
REED CAUDILL	BOARD MEMBER	0.00	Director	$0	$0	$0
DANIEL DOTSON	BOARD MEMBER	0.00	Director	$0	$0	$0
WILLIAM SMITH	BOARD MEMBER	0.00	Director	$0	$0	$0
TERRY STURGILL	BOARD MEMBER	0.00	Director	$0	$0	$0
JOAN WARD	BOARD MEMBER	0.00	Director	$0	$0	$0
JOSHUA YONTS	FOUNDATION MANAGER	0.00	Director	$0	$0	$0
DENISE YONTS	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$0
SANDY HOGG	VICE PRESIDENT	10.00	Officer	$0	$0	$0
NANCY BANKS	SECRETARY TREASURER	0.00	Officer	$0	$0	$0
STEPHEN BOGGS	PRESIDENT	0.00	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
2025	$2,120	$805	$101,044	$1,315
2024	No data	No data	No data	No data
2023	$2,117	$115	$99,001	$2,002
2022	$17,667	$10,025	$97,000	$7,642
2021	$2,125	$195	$89,358	$1,930
2020	$2,204	$2,340	$87,428	$-136
2019	$30,956	$9,221	$87,564	$21,735
2018	$6,674	$4,638	$65,829	$2,036