LANCASTER ENDOWMENT FUND SCHOOL ASSOCIAT (EIN 320744204) - 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

2023

Legal Domicile

Principal Officer

SARAH SCHMALZ

Phone

2187625400

Tax Period

2024-01-01 to 2024-12-31

LANCASTER ENDOWMENT FUND SCHOOL ASSOCIAT, founded in 2023, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2024. The organization ran a surplus of $206K, a strong 99% operating margin.

Mission

TO PROVIDE AN ONGOING SOURCE OF ADDITIONAL NON-TAXPAYER DISCRETIONARY FUNDS TO LANCASTER SCHOOL (MINNESOTA INDEPENDENT DISTRICT #356) VIA AN ENDOWMENT WHICH IS INTENDED TO BE PERPETUAL IN NATURE.

🔒

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 $195,026

Program Service Revenue $0

Investment Income $11,855

Other Revenue $1,590

TOTAL REVENUE $208,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,659

Other Expenses $2,659

TOTAL EXPENSES $2,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$208,471	N/A	N/A
Expenses	$2,659	N/A	N/A
Net Income	$205,812	$0	N/A

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
JESSE STREGE	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
JULIE PETERSON	DIRECTOR	1.00	Director	$0	$0	$0
LACEY LUPIEN	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON BOWLIN	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE THOMPSON	PRESIDENT	1.00	Officer	$0	$0	$0
CLIFFORD PETERSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MELINDA COFFIELD	SECRETARY	2.00	Officer	$0	$0	$0
SARAH SCHMALZ	TREASURER	3.00	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
2024	$208,471	$2,659	$224,498	$205,812

LANCASTER ENDOWMENT FUND SCHOOL ASSOCIAT