Lansing Public Schools Educational

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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

1984

Legal Domicile

Principal Officer

Ken Jones

Phone

5177750094

Tax Period

2024-01-01 to 2024-12-31

Lansing Public Schools Educational, founded in 1984, is a micro nonprofit that reported $54K in total revenue in fiscal year 2024. Revenue surged 406% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29K, a strong 53% operating margin.

Mission

TO ENRICH, ENHANCE AND SUPPORTTHE EDUCATIONAL EXPERIENCE FOR LANSING PUBLIC SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $21,649

LEAF OFFERS VARIOUS TYPES OF CLASSROOM CURRICULUM GRANTS AND PROFESSIONAL DEVELOPMENT FELLOWSHIPS TO TEACHERS, ACADEMIC SCHOLARSHIPS TO STUDENTS, MANAGES SEVERAL PASS-THROUGH ACCOUNTS THAT ASSIST...

LEAF OFFERS VARIOUS TYPES OF CLASSROOM CURRICULUM GRANTS AND PROFESSIONAL DEVELOPMENT FELLOWSHIPS TO TEACHERS, ACADEMIC SCHOLARSHIPS TO STUDENTS, MANAGES SEVERAL PASS-THROUGH ACCOUNTS THAT ASSIST WITH ACTIVITIES WITHIN THE LANSING SCHOOL DISTRICT AND SUPPORT PROJECTS THAT ARE SANCTIONED BY THE SCHOOL DISTRICTS ADMINISTRATION.

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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 $46,512

Program Service Revenue $0

Investment Income $7,911

Other Revenue $0

TOTAL REVENUE $54,423

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,649

Other Expenses $25,373

TOTAL EXPENSES $25,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$54,423	$10,762	+4.1%
Expenses	$25,373	$28,309	-0.1%
Net Income	$29,050	$-17,547	-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

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
Ken Jones	President	1.00	Officer Director	$0	$0	$0
Nancy Wonch	Treasurer	1.00	Officer Director	$0	$0	$0
Christina Frenzel	Secretary	1.00	Officer Director	$0	$0	$0
Kellie Dean	Director	1.00	Director	$0	$0	$0
Rick Wendorf	Director	1.00	Director	$0	$0	$0
Teri Bernero	Director	0.00	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	No data	No data	No data	No data
2024	$54,423	$25,373	$932,933	$29,050
2023	$10,185	$27,844	$854,143	$-17,659
2022	$13,120	$33,538	$845,684	$-20,418
2021	$115,811	$24,114	$981,410	$91,697
2020	$16,957	$32,329	$794,095	$-15,372
2019	$105,763	$144,450	$741,773	$-38,687
2018	$132,106	$135,456	$678,629	$-3,350