THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS (EIN 363490560) - 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

NATALIA WIITA

Phone

4024361612

Tax Period

2024-09-01 to 2025-08-31

THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS, founded in 1989, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $5.3M exceeded revenue, resulting in a 73% operating deficit.

Mission

"THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS BELIEVES THAT ALL STUDENTS SHOULD HAVE WHAT THEY NEED TO REACH THEIR FULL POTENTIAL. WE ENGAGE OUR COMMUNITY TO INSPIRE STUDENTS AND EDUCATORS, AND CREATE EDUCATIONAL OPPORTUNITIES THAT ENHANCE ACADEMIC AND PERSONAL SUCCESS."

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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 $1,991,611

Program Service Revenue $0

Investment Income $1,052,943

Other Revenue $36

TOTAL REVENUE $3,044,590

Expense Breakdown

Grants Paid $3,830,394

Salaries & Benefits $1,082,575

Fundraising Expenses $194,863

Program Expenses $4,605,349

Other Expenses $369,384

TOTAL EXPENSES $5,282,353

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,044,590	$5,531,748	-0.4%
Expenses	$5,282,353	$3,070,622	+0.7%
Net Income	$-2,237,763	$2,461,126	-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

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

$100,407

Total Directors

$100,407

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATALIA WIITA	EXECUTIVE DI	40.00	Officer Director	$68,958	$4,904	$73,862
WENDY VAN	EXECUTIVE DI	40.00	Officer Director	$25,772	$773	$26,545
JEFFREY OWUSU ANSAH	DIRECTOR	1.00	Director	$0	$0	$0
KRIS BAACK	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
PATRICK BEANS	DIRECTOR	1.00	Director	$0	$0	$0
DR JAMES BLAKE	DIRECTOR	1.00	Director	$0	$0	$0
MO BOYD	DIRECTOR	1.00	Director	$0	$0	$0
ALEX CASSIDY	SECRETARY	1.00	Officer Director	$0	$0	$0
GINA CLAUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
BRENT COMSTOCK	DIRECTOR	1.00	Director	$0	$0	$0
TRENT FELLERS	DIRECTOR	1.00	Director	$0	$0	$0
JOAN MENDOZA GORHAM	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HOVE GRAUL	DIRECTOR	1.00	Director	$0	$0	$0
KAYE JESSKE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN LAFLIN	DIRECTOR	1.00	Director	$0	$0	$0
KARLI MACKLEY	TREASURER	1.00	Officer Director	$0	$0	$0
ANDY MARTZ	DIRECTOR	1.00	Director	$0	$0	$0
BRITTA MUHLEISEN	DIRECTOR	1.00	Director	$0	$0	$0
ANNIE MUMGAARD	DIRECTOR	1.00	Director	$0	$0	$0
DEB RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
MAX RODENBURG	DIRECTOR	1.00	Director	$0	$0	$0
ED SCHULENBERG	DIRECTOR	1.00	Director	$0	$0	$0
DR JOHN SKRETTA	DIRECTOR	1.00	Director	$0	$0	$0
MIKE TAVLIN	DIRECTOR	1.00	Director	$0	$0	$0
DR JOSEPH TOCZEK	DIRECTOR	1.00	Director	$0	$0	$0
GUY TRAININ	DIRECTOR	1.00	Director	$0	$0	$0
RUSS UHING	DIRECTOR	1.00	Director	$0	$0	$0
JAMES WALBRIDGE	EXECUTIVE CH	1.00	Officer Director	$0	$0	$0
JOHN WIRTZ	DIRECTOR	1.00	Director	$0	$0	$0
SARAH WISCHHOF	DIRECTOR	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	$3,044,590	$5,282,353	$18,431,724	$-2,237,763
2024	$5,531,748	$3,070,622	$20,307,324	$2,461,126
2023	$4,885,582	$5,367,886	$16,834,767	$-482,304
2022	$4,527,343	$2,879,071	$17,002,214	$1,648,272
2021	$3,653,642	$2,394,734	$17,939,166	$1,258,908
2020	$4,760,474	$1,849,436	$14,908,063	$2,911,038
2019	$2,183,639	$2,085,905	$11,596,769	$97,734
2018	$2,241,048	$1,955,061	$11,463,057	$285,987

THE FOUNDATION FOR LINCOLN PUBLIC SCHOOLS