FENNVILLE PUBLIC SCHOOLS EDUCATIONAL FOUNDATION

EIN: 382751646 501(c)(3)

FENNVILLE, MI

Total Revenue
$214,879
Total Expenses
$237,793
Total Assets
$3,474,589
Net Assets
$3,469,844
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
MI
Principal Officer
MARY MCCRACKEN
Phone
2696053607
Tax Period
2024-07-01 to 2025-06-30

FENNVILLE PUBLIC SCHOOLS EDUCATIONAL FOUNDATION, founded in 1987, is a small nonprofit that reported $215K in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. Expenses of $238K exceeded revenue, resulting in a 11% operating deficit.

Mission

ENHANCE EDUCATIONAL OPPORTUNITIES FOR STUDENTS AT FENNVILLE PUBLIC SCHOOLS.

Program Service Accomplishments

Program 1
Expenses: $203,750

COLLEGE SCHOLARSHIPS TO 56 GRADUATES OF FENNVILLE HIGH SCHOOL

Program 2
Expenses: $1,847

MINI GRANTS TO BENEFIT STUDENTS OF FENNVILLE PUBLIC SCHOOLS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,224
Program Service Revenue $0
Investment Income $197,655
Other Revenue $0
TOTAL REVENUE $214,879

Expense Breakdown

Grants Paid $205,597
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $205,597
Other Expenses $32,196
TOTAL EXPENSES $237,793

Year-over-Year Comparison

2024 2023 Change
Revenue $214,879 $143,215 +0.5%
Expenses $237,793 $200,628 +0.2%
Net Income $-22,914 $-57,413 -0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
12

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY MCCRACKEN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DAN RASTALL VICE CHAIR 2.00
Officer Director
$0 $0 $0
ALICIA RODRIGUEZ TREASURER 2.00
Officer Director
$0 $0 $0
AMY COOK RECORDING SE 2.00
Officer Director
$0 $0 $0
TOM PANTELLERIA CORR. SECRET 2.00
Officer Director
$0 $0 $0
MERRI-LOU MOREHEAD FINANCE CHAI 1.00
Director
$0 $0 $0
CASANDRA GARPOW DIRECTOR 1.00
Director
$0 $0 $0
HEATHER CONLEY DIRECTOR 1.00
Director
$0 $0 $0
KATHRYN BEEMER DIRECTOR 1.00
Director
$0 $0 $0
ANGIE PENA-SMITH SCHOOL BOARD 1.00
Director
$0 $0 $0
DR DOUG GREER SUPERINTENDE 1.00
Director
$0 $0 $0
ALBERT LOMBARD SUPERINTENDE 1.00
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 $214,879 $237,793 $3,474,589 $-22,914
2024 $143,215 $200,628 $3,281,637 $-57,413
2023 $230,006 $224,732 $3,120,205 $5,274
2022 $261,857 $147,040 $2,894,031 $114,817
2021 $119,284 $138,447 $3,431,089 $-19,163
2020 $152,936 $146,816 $2,673,190 $6,120
2019 $191,106 $125,676 $2,718,497 $65,430
2018 $174,420 $124,389 $2,693,839 $50,031
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