OLD TRAIL SCHOOL FOUNDATION

EIN: 341664787 501(c)(3)

BATH, OH

Total Revenue
$765,544
Total Expenses
$486,998
Total Assets
$13,105,795
Net Assets
$13,105,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
OH
Principal Officer
SARAH JOHNSTON
Phone
3306661118
Tax Period
2024-07-01 to 2025-06-30

OLD TRAIL SCHOOL FOUNDATION, founded in 1990, is a small nonprofit that reported $766K in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $279K, a strong 36% operating margin.

Mission

ESTABLISHED IN 1990, THE OLD TRAIL SCHOOL FOUNDATION WAS CREATED TO SOLICIT AND RECEIVE GIFTS, ESTABLISH AND REVIEW INVESTMENT AND SPENDING POLICIES, AND OVERSEE THE MANAGEMENT OF ENDOWMENT FUNDS FOR THE SCHOOL. OLD TRAIL SCHOOL STRIVES FOR AN ENDOWMENT LARGE ENOUGH TO UNDERWRITE FACULTY SALARY INCREASES IN EXCESS OF INFLATION AND DESIRES AN ENDOWMENT SUFFICIENT TO FUND FINANCIAL AID ALLOCATIONS FOR STUDENTS WHO HAVE THE ACADEMIC ABILITY BUT NOT THE MEANS TO ATTEND OLD TRAIL SCHOOL. IT IS ESSENTIAL TO BUILD AN ENDOWMENT FUND FOR THE PHYSICAL PLANT THAT ALLOWS THE SCHOOL TO BECOME LESS RELIANT ON OPERATING EXPENSES FOR MAINTENANCE AND ENHANCEMENT. BUILDING AN ENDOWMENT TO ENHANCE SPECIFIC PROGRAMS WILL ALLEVIATE THE BURDEN ON THE ANNUAL OPERATING BUDGET FOR PROGRAM EXPENSES. AN ENDOWMENT FUND TO SUPPORT SPECIFIC AREAS SUCH AS THE LIBRARY, TECHNOLOGY, GEOGRAPHY, PROFESSIONAL DEVELOPMENT AND GUEST SPEAKERS WILL PROVIDE THE STRENGTH AND EXCELLENCE EXPECTED BY OUR FAMILIES.

Program Service Accomplishments

Program 1
Expenses: $445,873

THE ENDOWMENT SUPPORTS OLD TRAIL SCHOOL.

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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 $266,183
Program Service Revenue $0
Investment Income $499,361
Other Revenue $0
TOTAL REVENUE $765,544

Expense Breakdown

Grants Paid $445,873
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $445,873
Other Expenses $41,125
TOTAL EXPENSES $486,998

Year-over-Year Comparison

2024 2023 Change
Revenue $765,544 $1,536,753 -0.5%
Expenses $486,998 $482,754 +0.0%
Net Income $278,546 $1,053,999 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
8

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
4
$671,121
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN ARCHER PRESIDENT 0.50
Officer Director
$0 $0 $0
SHEREEN BOYER TRUSTEE 0.50
Director
$0 $0 $0
JOHN CAVANAUGH TRUSTEE 0.50
Director
$0 $0 $0
THOMAS H EATON III TRUSTEE 0.50
Director
$0 $0 $0
ANDREW HARDING TRUSTEE 0.50
Director
$0 $0 $0
RON HARRINGTON TRUSTEE 0.50
Director
$0 $0 $0
THOM MANDEL TRUSTEE 0.50
Director
$0 $0 $0
MATTHEW MCGINNES TRUSTEE 0.50
Director
$0 $0 $0
SARAH JOHNSTON HEAD OF SCHOOL 0.50
Officer
$0 $60,448 $334,913
W JOSEPH VOGEL ASSOCIATE HEAD OF SCHOOL 0.50
Officer
$0 $23,105 $168,542
MEETA NOSRATI CHIEF FINANCIAL OFFICER 0.50
Officer
$0 $22,267 $167,666
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 $765,544 $486,998 $13,105,795 $278,546
2024 No data No data No data No data
2023 $679,415 $474,033 $10,039,703 $205,382
2022 $715,809 $452,673 $8,679,736 $263,136
2021 $578,825 $428,872 $10,301,316 $149,953
2020 $171,958 $399,193 $8,631,128 $-227,235
2019 $322,099 $394,897 $8,783,541 $-72,798
2018 $1,469,743 $352,612 $8,698,014 $1,117,131
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