OLMSTED FALLS ENDOWMENT AND ALUMNI (EIN 341642301) - 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

1995

Legal Domicile

Principal Officer

TIM RADIGAN

Tax Period

2023-10-01 to 2024-09-30

OLMSTED FALLS ENDOWMENT AND ALUMNI, founded in 1995, is a small nonprofit that reported $141K in total revenue in fiscal year 2023. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $627K exceeded revenue, resulting in a 345% operating deficit.

Mission

ENHANCE THE QUALITY OF EDUCATION IN THE OLMSTED FALLS CITY SCHOOL DISTRICT BY SPONSORING AND DEVELOPING PROGRAMS AND ACTIVITIES TO ENRICH OR ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENTS IN THE DISTRICT.

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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 $33,414

Program Service Revenue $30,496

Investment Income $76,974

Other Revenue $0

TOTAL REVENUE $140,884

Expense Breakdown

Grants Paid $593,391

Salaries & Benefits $5,000

Fundraising Expenses $0

Program Expenses $619,125

Other Expenses $28,379

TOTAL EXPENSES $626,770

Year-over-Year Comparison

	2023	2022	Change
Revenue	$140,884	$644,040	-0.8%
Expenses	$626,770	$102,528	+5.1%
Net Income	$-485,886	$541,512	-1.9%

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
WILLIAM PATTERSON	TRUSTEE	1.00	Director	$0	$0	$0
DAN MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
KATHLEEN KOPP BUTLER	TRUSTEE	1.00	Director	$0	$0	$0
DR JIM LLOYD	EX OFFICIO	1.00	Director	$0	$0	$0
JOHN STOREY	TRUSTEE	1.00	Director	$0	$0	$0
MARIAN EGAN STEPHENS	TRUSTEE	1.00	Director	$0	$0	$0
NICK BUCHTA	TRUSTEE	1.00	Director	$0	$0	$0
CATHY HESS	ALUMNI DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA ANDERSON	TRUSTEE	1.00	Director	$0	$0	$0
TIM RADIGAN	PRESIDENT	1.00	Officer	$0	$0	$0
JACOB DAVIDSON	VICE PRESIDENT	1.00	Officer	$0	$0	$0
HOLLY KREITZER MCFADDEN	TREASURER	2.00	Officer	$0	$0	$0
KATHY WESTLING MILLER	SECRETARY	1.00	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	No data	No data	No data	No data
2024	$140,884	$626,770	$1,364,869	$-485,886
2023	$644,040	$102,528	$1,716,442	$541,512
2022	$151,548	$108,360	$1,090,587	$43,188
2021	$224,098	$80,829	$1,357,507	$143,269
2020	$210,595	$266,793	$1,075,279	$-56,198
2019	$512,503	$170,691	$1,131,477	$341,812

OLMSTED FALLS ENDOWMENT AND ALUMNI