A FOUNDATION FOR WEST AURORA SCHOOLS (EIN 363865603) - 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

1992

Legal Domicile

Principal Officer

INGRID RONEY

Phone

6307401613

Tax Period

2023-01-01 to 2023-12-31

A FOUNDATION FOR WEST AURORA SCHOOLS, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $285K in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $90K, a strong 32% operating margin.

Mission

OUR FOUNDATION PROVIDES SUPPORT THROUGH GRANTS, PROGRAMS, AND SCHOLARSHIPS TO ENHANCE LIFELONG LEARNING FOR THEIR RECIPIENTS. THE A+ FOUNDATION FOR WEST AURORA SCHOOLS SUPPORTS AND PROMOTES EDUCATIONAL, CULTURAL, AND CHARITABLE PROGRAMS FOR THE STUDENTS AND ALUMNI OF SD 129.

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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 $118,920

Program Service Revenue $0

Investment Income $87,699

Other Revenue $78,860

TOTAL REVENUE $285,479

Expense Breakdown

Grants Paid $89,085

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $189,342

Other Expenses $106,238

TOTAL EXPENSES $195,323

Year-over-Year Comparison

	2023	2022	Change
Revenue	$285,479	$173,587	+0.6%
Expenses	$195,323	$149,608	+0.3%
Net Income	$90,156	$23,979	+2.8%

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

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
DR JEFF CRAIG	DIRECTOR	10.00	Director	$0	$0	$0
CHUCK FREIHEIT	DIRECTOR	10.00	Director	$0	$0	$0
DOUGLAS HAFER	TREASURER	10.00	Officer Director	$0	$0	$0
R THOMAS HERGET	ASST. TREASU	10.00	Director	$0	$0	$0
ERICA KEGARISE	DIRECTOR	10.00	Director	$0	$0	$0
RICH KERNS	DIRECTOR	10.00	Director	$0	$0	$0
MICHAEL NELSON	DIRECTOR	10.00	Director	$0	$0	$0
RANDI OCHSENSCHLAGER	SECRETARY	35.00	Officer Director	$0	$0	$0
NEAL ORMOND	DIRECTOR	10.00	Director	$0	$0	$0
KERRY PROCZKO	VICE PRESIDE	10.00	Officer Director	$0	$0	$0
STAN RAYFORD	DIRECTOR	10.00	Director	$0	$0	$0
INGRID RONEY	EXECUTIVE DI	25.00	Officer Director	$0	$0	$0
DEBBIE STEINHEIMER	DIRECTOR	10.00	Director	$0	$0	$0
RANDY STEINHEIMER	DIRECTOR	10.00	Director	$0	$0	$0
ANNE SWEENEY	DIRECTOR	10.00	Director	$0	$0	$0
SCOTT VORIS	PRESIDENT	10.00	Officer 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
2024	No data	No data	No data	No data
2023	$285,479	$195,323	$1,767,337	$90,156
2022	$173,587	$149,608	$1,535,050	$23,979

A FOUNDATION FOR WEST AURORA SCHOOLS