Steven G Mihaylo Big Bear High School Education Foundation

EIN: 330834543 501(c)(3) Education

Big Bear Lake, CA

Total Revenue
$158,603
Total Expenses
$99,771
Total Assets
$3,090,966
Net Assets
$2,916,834
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Principal Officer
Carolyn Matson
Phone
9095568834
Tax Period
2024-04-01 to 2025-03-31

Steven G Mihaylo Big Bear High School Education Foundation, founded in 1999, is a small nonprofit in the Education sector that reported $159K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $59K, a strong 37% operating margin.

Mission

To award post secondary scholarships through fund-raising, and to provide resources which enrich and enhance educational programs that promote academic, social, emotional development, and well being of the 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $52,714
Program Service Revenue $0
Investment Income $105,889
Other Revenue $0
TOTAL REVENUE $158,603

Expense Breakdown

Grants Paid $73,762
Salaries & Benefits $13,039
Fundraising Expenses $0
Program Expenses $73,762
Other Expenses $12,970
TOTAL EXPENSES $99,771

Year-over-Year Comparison

2024 2023 Change
Revenue $158,603 $145,535 +0.1%
Expenses $99,771 $184,423 -0.5%
Net Income $58,832 $-38,888 -2.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
13

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
3
$12,000
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Barbara Boucher Executive Dir. 5.00
Officer
$12,000 $0 $12,000
Neal A Waner Board Member 0.00
Director
$0 $0 $0
Loren Hafen Board Member 0.00
Director
$0 $0 $0
Steven Hirschler Board Member 0.00
Director
$0 $0 $0
Tim McGrath Board Member 0.00
Director
$0 $0 $0
Ilora Booth Board Member 0.00
Director
$0 $0 $0
Mary Bradford Board Member 0.00
Director
$0 $0 $0
Gloria Lopez Board Member 0.00
Director
$0 $0 $0
Susanna Reynolds Board Member 0.00
Director
$0 $0 $0
Dylan Ludecke Board Member 0.00
Director
$0 $0 $0
Rob Benson Board Member 0.00
Director
$0 $0 $0
Nicole Natzic Board Member 0.00
Director
$0 $0 $0
Sandie Proctor Board Member 3.00
Officer
$0 $0 $0
Carolyn Matson Chairman 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
2025 $158,603 $99,771 $3,090,966 $58,832
2024 $145,535 $184,423 $3,029,852 $-38,888
2023 $138,638 $151,123 $2,784,208 $-12,485
2022 $189,923 $134,127 $3,035,254 $55,796
2021 $141,452 $167,782 $3,048,875 $-26,330
2020 $141,185 $152,176 $2,350,619 $-10,991
2019 $143,530 $174,885 $2,645,413 $-31,355
2018 $198,470 $179,611 $2,718,277 $18,859
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