ADRIAN SCHOOLS EDUCATION FOUNDATION

EIN: 382760130 501(c)(3)

ADRIAN, MI

Total Revenue
$260,874
Total Expenses
$236,290
Total Assets
$3,354,229
Net Assets
$3,242,246
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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
1987
Legal Domicile
MI
Principal Officer
JERALD J VAN BUREN JR
Phone
5172646650
Tax Period
2023-07-01 to 2024-06-30

ADRIAN SCHOOLS EDUCATION FOUNDATION, founded in 1987, is a small nonprofit that reported $261K in total revenue in fiscal year 2023. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $236K left a modest 9% surplus.

Mission

SUPPORTING THE EDUCATIONAL EXCELLENCE OF ADRIAN PUBLIC SCHOOLS BY PROVIDING CLASSROOM & PROJECT GRANTS FOR ADRIAN 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 (2023)

Revenue Breakdown

Contributions & Grants $162,712
Program Service Revenue $0
Investment Income $74,063
Other Revenue $24,099
TOTAL REVENUE $260,874

Expense Breakdown

Grants Paid $113,694
Salaries & Benefits $69,906
Fundraising Expenses $0
Program Expenses $113,694
Other Expenses $52,690
TOTAL EXPENSES $236,290

Year-over-Year Comparison

2023 2022 Change
Revenue $260,874 $424,547 -0.4%
Expenses $236,290 $226,884 +0.0%
Net Income $24,584 $197,663 -0.9%
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

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Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
30

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERALD J VAN BUREN JR CHAIR N/A
Officer Director
$0 $0 $0
MIKE BUKU VICE CHAIR N/A
Officer Director
$0 $0 $0
BEN NEAL TREASURER N/A
Officer Director
$0 $0 $0
ELIZABETH FAGAN RISING SECRETARY N/A
Officer Director
$0 $0 $0
MICHELLE FORCE BOARD MEMBER N/A
Director
$0 $0 $0
JULIE KOEHN BOARD MEMBER N/A
Director
$0 $0 $0
NATE PARKER BOARD MEMBER N/A
Director
$0 $0 $0
KELLY JUDSON BOARD MEMBER N/A
Director
$0 $0 $0
AARON BENARD BOARD MEMBER N/A
Director
$0 $0 $0
NAKEYIA HENAGAN MEYERS BOARD MEMBER N/A
Director
$0 $0 $0
JOSH TEJKL BOARD MEMBER N/A
Director
$0 $0 $0
MARYCELIA SEE VILLEGAS BOARD MEMBER N/A
Director
$0 $0 $0
JENNY ENGLE DIRECTOR N/A
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 $260,874 $236,290 $3,354,229 $24,584
2023 $424,547 $226,884 $3,056,078 $197,663
2022 $208,797 $212,906 $2,661,971 $-4,109
2021 $585,954 $181,148 $3,055,214 $404,806
2019 $509,159 $258,690 $2,789,094 $250,469
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