TUSTIN PUBLIC SCHOOLS FOUNDATION (EIN 330353928) - 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

1989

Legal Domicile

Principal Officer

KATE KERSTEN

Phone

7148326299

Tax Period

2024-06-01 to 2025-05-31

TUSTIN PUBLIC SCHOOLS FOUNDATION, founded in 1989, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $422K, a strong 21% operating margin.

Mission

THE TUSTIN PUBLIC SCHOOLS FOUNDATION IS DEDICATED TO FURTHERING EXCELLENCE IN LOCAL PUBLIC SCHOOLS BY MOBILIZING THE COMMUNITY AND ITS RESOURCES.

🔒

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 $373,928

Program Service Revenue $1,021,087

Investment Income $393,455

Other Revenue $225,825

TOTAL REVENUE $2,014,295

Expense Breakdown

Grants Paid $188,735

Salaries & Benefits $641,064

Fundraising Expenses $87,444

Program Expenses $1,314,875

Other Expenses $762,582

TOTAL EXPENSES $1,592,381

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,014,295	$1,822,653	+0.1%
Expenses	$1,592,381	$1,508,152	+0.1%
Net Income	$421,914	$314,501	+0.3%

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

Volunteers

700

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

$126,730

Total Directors

$71,299

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BURBY GARRET	Executive Dir.	1.00	Officer	$85,076	$0	$85,076
KRISTIN SIMPKINS	MEMBER AT LARGE	1.00	Officer Director	$41,654	$0	$41,654
ERICK FINEBERG	BOARD MEMBER	1.00	Director	$29,645	$0	$29,645
ATOUSA PATADIA	BOARD MEMBER	1.00	Director	$0	$0	$0
SUJATA MODY KAMDAR	MEMBER AT LARGE	1.00	Officer Director	$0	$0	$0
SONA SHAH	MEMBER AT LARGE	1.00	Officer Director	$0	$0	$0
MEGAN FOSS	Secretary	1.00	Officer Director	$0	$0	$0
MANUEL ARZATE	MEMBER	1.00	Director	$0	$0	$0
JOANNE ARAKAKI	BOARD MEMBER	1.00	Director	$0	$0	$0
KIRSTEN ANTONIUS	PARLIAMENTARIAN	1.00	Officer Director	$0	$0	$0
JOANNE HUANG	VP DEVELOPMENT	1.00	Director	$0	$0	$0
DOUG BAUM	BOARD MEMBER	1.00	Director	$0	$0	$0
HOLLY LONG	BOARD MEMBER	1.00	Director	$0	$0	$0
JEFF CORLESS	BOARD MEMBER	1.00	Director	$0	$0	$0
ANISHA LOONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREA DABROW	DIR OF DEVEL.	1.00	Director	$0	$0	$0
KATE KERSTEN	President	1.00	Officer Director	$0	$0	$0
CAROLINE MARCHANT	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE MORRISON	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURA L SPEZZA	OFFICE MANAGER	1.00	Director	$0	$0	$0
CURTIS RACH	BOARD MEMBER	1.00	Director	$0	$0	$0
PIA LEWIS	BOARD MEMBER	1.00	Director	$0	$0	$0
LAURIE SHENASI	BOARD MEMBER	1.00	Director	$0	$0	$0
RENEE STEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLISON HATCHER	VP COMM. REL.	1.00	Officer Director	$0	$0	$0
MICHAEL RITCHIE	Treasurer	1.00	Officer Director	$0	$0	$0
BARBARA WINN	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL DAVIDSON	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINA CHO	VP DEVELOPMENT	1.00	Director	$0	$0	$0
JONATHAN ABELOVE	TUSD SCHOOL BM	1.00	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
2025	$2,014,295	$1,592,381	$4,944,453	$421,914
2024	$1,822,653	$1,508,152	$4,669,913	$314,501
2023	$2,036,207	$1,628,847	$3,925,311	$407,360
2022	$1,450,098	$1,208,516	$3,826,823	$241,582
2021	$934,652	$723,828	$3,522,725	$210,824
2020	$1,029,801	$1,150,355	$2,381,040	$-120,554
2019	$1,551,572	$1,054,329	$2,709,892	$497,243
2018	$1,297,315	$1,015,813	$2,468,705	$281,502

TUSTIN PUBLIC SCHOOLS FOUNDATION