Marengo Area Schools Foundation Inc (EIN 363830330) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

Suzanne Polnow

Phone

6307466367

Tax Period

2024-07-01 to 2025-06-30

Marengo Area Schools Foundation Inc, founded in 1992, is a micro nonprofit that reported $65K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $58K left a modest 11% surplus.

Mission

To raise funds to support Marengo Area Schools.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,337

Program Service Revenue $0

Investment Income $49,545

Other Revenue $4,033

TOTAL REVENUE $64,915

Expense Breakdown

Grants Paid $39,154

Salaries & Benefits $0

Fundraising Expenses $96

Program Expenses $39,154

Other Expenses $18,889

TOTAL EXPENSES $58,043

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,915	$68,539	-0.1%
Expenses	$58,043	$55,889	+0.0%
Net Income	$6,872	$12,650	-0.5%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
Sue Polnow	President	001.00	Officer Director	$0	$0	$0
Suellen Lopez	Vice President	001.00	Officer Director	$0	$0	$0
Laura Powers	Treasurer	002.00	Officer Director	$0	$0	$0
Mary Noe	Secretary	002.00	Officer Director	$0	$0	$0
Julie Amendt - 070124-012825	Director	000.20	Director	$0	$0	$0
Wendi Aubry	Director	000.20	Director	$0	$0	$0
Lauren Logue	Director	000.20	Director	$0	$0	$0
Tonya Metras	Director	001.00	Director	$0	$0	$0
Jessica Scholfield	Director	000.10	Director	$0	$0	$0
Diana Long 012825 - 063025	Director	000.20	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	$64,915	$58,043	$1,164,188	$6,872
2024	$68,539	$55,889	$1,089,177	$12,650
2023	$45,423	$46,776	$981,214	$-1,353
2022	$31,875	$54,110	$924,190	$-22,235
2021	$213,212	$104,197	$1,099,298	$109,015
2020	$24,432	$50,969	$943,368	$-26,537
2019	$44,893	$51,729	$965,806	$-6,836

Marengo Area Schools Foundation Inc