MARQUETTE AREA PUBLIC SCHOOLS EDUCATION FOUNDATION

EIN: 382972673 501(c)(3)

MARQUETTE, MI

Total Revenue
$422,036
Total Expenses
$506,945
Total Assets
$2,156,494
Net Assets
$2,156,494
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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
1989
Legal Domicile
MI
Principal Officer
LINDA WINSLOW
Phone
9062255320
Tax Period
2024-07-01 to 2025-06-30

MARQUETTE AREA PUBLIC SCHOOLS EDUCATION FOUNDATION, founded in 1989, is a small nonprofit that reported $422K in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $507K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO ACQUIRE AND DISTRIBUTE FINANCIAL AND OTHER RESOURCES TO THE MARQUETTE AREA SCHOOLS FOR UNIQUE PROGRAMS AND ACTIVITIES WHICH SUPPLEMENT AND ENHANCE THE QUALITY OF EDUCATION AND PROVIDE STUDENTS WITH EXTENDED LEARNING OPPORTUNITIES

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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 $310,528
Program Service Revenue $0
Investment Income $111,508
Other Revenue $0
TOTAL REVENUE $422,036

Expense Breakdown

Grants Paid $463,748
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $463,748
Other Expenses $43,197
TOTAL EXPENSES $506,945

Year-over-Year Comparison

2024 2023 Change
Revenue $422,036 $761,626 -0.4%
Expenses $506,945 $118,952 +3.3%
Net Income $-84,909 $642,674 -1.1%
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
11
Independent Members
11
Employees
N/A
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ANDEREGG TRUSTEE N/A
Director
$0 $0 $0
ELSA CLEMENT TRUSTEE N/A
Director
$0 $0 $0
CORY FRIES TRUSTEE N/A
Director
$0 $0 $0
JIM JOHNSON TRUSTEE N/A
Director
$0 $0 $0
BARBARA KELLY SECRETARY N/A
Officer Director
$0 $0 $0
CAROLYN MCDONALD VICE-PRESIDE N/A
Officer Director
$0 $0 $0
JACKIE MENHENNICK TREASURER 0.00
Officer Director
$0 $0 $0
KAREN OGLE TRUSTEE N/A
Director
$0 $0 $0
ZACH SEDGWICK TRUSTEE N/A
Director
$0 $0 $0
ZACHARY STURDY TRUSTEE N/A
Director
$0 $0 $0
CHUCK SWANSON TRUSTEE N/A
Director
$0 $0 $0
LINDA WINSLOW PRESIDENT 0.00
Officer 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 $422,036 $506,945 $2,156,494 $-84,909
2024 No data No data No data No data
2023 $155,438 $171,113 $1,578,468 $-15,675
2022 $266,564 $118,553 $1,553,898 $148,011
2021 $231,682 $94,441 $1,756,752 $137,241
2020 $199,584 $111,127 $1,542,094 $88,457
2019 $288,993 $144,928 $1,400,662 $144,065
2018 $234,072 $110,138 $1,259,313 $123,934
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