WILLIAMSTON SCHOOLS FOUNDATION

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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

1981

Legal Domicile

Principal Officer

BENJAMIN EICHLER

Phone

5176557513

Tax Period

2024-09-01 to 2025-08-31

WILLIAMSTON SCHOOLS FOUNDATION, founded in 1981, is a small nonprofit in the Education sector that reported $224K in total revenue in fiscal year 2024. Revenue surged 223% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 88% operating margin.

Mission

PROVIDE FUNDS TO ENRICH AND ENHANCE THE QUALITY OF EDUCATION IN THE WILLIAMSTON COMMUNITY SCHOOL DISTRICT.

Program Service Accomplishments

Program 1

Expenses: $20,848

CONTRIBUTIONS/GRANTS TO TEACHERS AND STUDENT GROUPS IN THE WILLIAMSTON COMMUNITY SCHOOLS TO ENRICH AND ENHANCE THE QUALITY OF EDUCATION IN THE SCHOOL DISTRICT.

Program 2

Expenses: $2,500

SCHOLARSHIPS PAID TO GRADUATE SENIORS TO ASSIST IN THEIR COLLEGE EDUCATION COSTS. N/A

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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 $207,677

Program Service Revenue $0

Investment Income $16,341

Other Revenue $0

TOTAL REVENUE $224,018

Expense Breakdown

Grants Paid $18,695

Salaries & Benefits $820

Fundraising Expenses $956

Program Expenses $23,348

Other Expenses $7,179

TOTAL EXPENSES $26,694

Year-over-Year Comparison

	2024	2023	Change
Revenue	$224,018	$69,296	+2.2%
Expenses	$26,694	$183,961	-0.9%
Net Income	$197,324	$-114,665	-2.7%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
BENJAMIN EICHLER	CHARI	Officer Director	$0	$0	$0
DAWN CUNNINGHAM	VICE CHAIR	Officer Director	$0	$0	$0
DEBORAH GUENTHER	TREASURER	Officer Director	$0	$0	$0
NARDA MURPHY	TRUSTEE	Director	$0	$0	$0
NOCOLE SEVREY	TRUSTEE	Director	$0	$0	$0
ANGELA HEREK	FACULTY REPRESENTATIVE	Director	$0	$0	$0
DAVE INDISH	SCHOOL BOARD REPRESENTATIVE	Director	$0	$0	$0
ADAM SPINA	SCHOOL SUPERINTENDENT	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	$224,018	$26,694	$995,993	$197,324
2024	No data	No data	No data	No data
2023	$119,774	$61,946	$770,533	$57,828
2022	$77,375	$33,448	$668,945	$43,927
2021	$84,548	$32,761	$750,505	$51,787
2020	$252,152	$166,552	$593,975	$85,600
2019	$151,481	$86,746	$525,203	$64,735
2018	$144,210	$387,817	$507,783	$-243,607