PALESTINE ACADEMIC FOUNDATION

EIN: 371318472 501(c)(3) Human Services

Palestine, IL

Total Revenue
$29,939
Total Expenses
$22,347
Total Assets
$623,157
Net Assets
$623,157
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
IL
Principal Officer
Stacie D Ogle
Phone
6185545547
Tax Period
2023-11-01 to 2024-10-31

PALESTINE ACADEMIC FOUNDATION, founded in 1991, is a micro nonprofit in the Human Services sector that reported $30K in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 25% operating margin.

Mission

We are a non-profit organization that helps fund the 'over and above' education needs of Palestine District students. We strive to develop pride in the educational program at both Palestine Grade and High Schools among the people of the community. We also have a desire to provide unusual learning experiences, improve general academic resources, and establish a support system for those wanting to work on advanced academic projects. We strive to enhance communication between schools and the community.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $430
Program Service Revenue $5,163
Investment Income $16,611
Other Revenue $7,735
TOTAL REVENUE $29,939

Expense Breakdown

Grants Paid $12,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,347
Other Expenses $10,347
TOTAL EXPENSES $22,347

Year-over-Year Comparison

2023 2022 Change
Revenue $29,939 $20,703 +0.4%
Expenses $22,347 $34,102 -0.3%
Net Income $7,592 $-13,399 -1.6%
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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
N/A
Volunteers
15

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lindsay Beabout Member 0.5
Director
$0 $0 $0
Aprille Musgrave Member 0.5
Director
$0 $0 $0
Airion Bollenbaugh Member 0.5
Director
$0 $0 $0
Damien Tingley Ex-Officio Member 0.5
Director
$0 $0 $0
Ashley Wlliamson Member 0.5
Director
$0 $0 $0
Bradley Fulling Member 0.5
Director
$0 $0 $0
Guillermina Fulling Member 0.5
Director
$0 $0 $0
Laura York Member 0.5
Director
$0 $0 $0
Leslie Rich Member 0.5
Director
$0 $0 $0
Tracy Tipton Member 0.5
Director
$0 $0 $0
Tammy Duffield Member 0.5
Director
$0 $0 $0
Dawn Biggs Vice President 1
Officer
$0 $0 $0
Janice Fuller Secretary 2
Officer
$0 $0 $0
Canda Pethtel President 2
Officer
$0 $0 $0
Stacie Ogle Treasurer 3.00
Officer
$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 $29,939 $22,347 $623,157 $7,592
2023 $20,703 $34,102 $613,565 $-13,399
2022 $23,133 $18,686 $626,964 $4,447
2021 $577,301 $19,388 $622,516 $557,913
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PALESTINE ACADEMIC FOUNDATION with other nonprofits in Illinois and across the country.