INDIANA ASSOCIATION OF SCHOOL PRINCIPALS INC (EIN 351188078) - 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

1989

Legal Domicile

Principal Officer

TODD BESS

Phone

3178919900

Tax Period

2024-01-01 to 2024-12-31

INDIANA ASSOCIATION OF SCHOOL PRINCIPALS INC, founded in 1989, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024.

Mission

TO LEAD IN THE ADVOCACY AND SUPPORT OF ALL PRINCIPALS IN THEIR COMMITMENT TO EVERY CHILD.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,361,363

Program Service Revenue $719,633

Investment Income $49,079

Other Revenue $50,117

TOTAL REVENUE $2,180,192

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,011,273

Fundraising Expenses $22,789

Program Expenses $1,653,317

Other Expenses $1,136,950

TOTAL EXPENSES $2,148,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,180,192	$2,203,661	0.0%
Expenses	$2,148,223	$2,200,405	0.0%
Net Income	$31,969	$3,256	+8.8%

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

Volunteers

108

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

$279,542

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRET BAILEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HOLLY ARNOLD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JANE BITTING	DIRECTOR	1.00	Director	$0	$0	$0
RAIMEKA GRAHAM	NAESP STATE REPRESENTATIVE	1.00	Officer Director	$0	$0	$0
DAVE STROUSE	NASSP STATE COORDINATOR	1.00	Officer Director	$0	$0	$0
ANDY ALLEN	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
APRIL HOLDER	DIRECTOR	1.00	Director	$0	$0	$0
BAKARI POSEY	DIRECTOR	1.00	Director	$0	$0	$0
BILL WILMSEN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD STONEKING	DIRECTOR	1.00	Director	$0	$0	$0
CRYSTAL MURFF THORPE	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTIE HEERSCHOP	DIRECTOR	1.00	Director	$0	$0	$0
DEB CARTER	DIRECTOR	1.00	Director	$0	$0	$0
DUKE LINES	DIRECTOR	1.00	Director	$0	$0	$0
DOUG MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JACOB WHITE	DIRECTOR	1.00	Director	$0	$0	$0
GREG BODIE	DIRECTOR	1.00	Director	$0	$0	$0
JARAD LEIKER	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY YATES	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA POE	DIRECTOR	1.00	Director	$0	$0	$0
KATIE METZ	DIRECTOR	1.00	Director	$0	$0	$0
KELLIE BROTHERTON	DIRECTOR	1.00	Director	$0	$0	$0
KERT BOEDICKER	DIRECTOR	1.00	Director	$0	$0	$0
KRIS WARNER	DIRECTOR	1.00	Director	$0	$0	$0
KEN NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
SARAH GORE	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT FRYE	DIRECTOR	1.00	Director	$0	$0	$0
SEAN GALIHER	DIRECTOR	1.00	Director	$0	$0	$0
SHANNON CAUBLE	DIRECTOR	1.00	Director	$0	$0	$0
KIRSTEN CLARK	DIRECTOR	1.00	Director	$0	$0	$0
TERESA STUCKEY	DIRECTOR	1.00	Director	$0	$0	$0
TIM LONG	DIRECTOR	1.00	Director	$0	$0	$0
TIM SHOAFF	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA TOBON	DIRECTOR	1.00	Director	$0	$0	$0
WENDY IVEY	DIRECTOR	1.00	Director	$0	$0	$0
WES HALL	DIRECTOR	1.00	Director	$0	$0	$0
LESLEY MOULTON	DIRECTOR	1.00	Director	$0	$0	$0
MATT MILLER	DIRECTOR	1.00	Director	$0	$0	$0
ROB WILLMAN	DIRECTOR	1.00	Director	$0	$0	$0
SEAN FISHER	DIRECTOR	1.00	Director	$0	$0	$0
STACEY HUNT	DIRECTOR	1.00	Director	$0	$0	$0
TYNEASHA BANKS	DIRECTOR	1.00	Director	$0	$0	$0
TODD BESS	EXECUTIVE DIRECTOR	35.00	Key Emp	$170,973	$67,700	$279,542

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	$2,180,192	$2,148,223	$3,090,944	$31,969
2023	$2,203,661	$2,200,405	$2,999,902	$3,256
2022	$2,115,308	$2,245,067	$3,145,742	$-129,759
2021	$2,046,406	$1,880,441	$3,354,760	$165,965
2020	$1,530,134	$1,709,154	$2,781,157	$-179,020
2019	$2,121,636	$2,254,551	$3,262,135	$-132,915
2018	$2,057,086	$1,951,218	$3,227,324	$105,868

INDIANA ASSOCIATION OF SCHOOL PRINCIPALS INC