SPARTA, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPARTA EDUCATION FOUNDATION, founded in 1991, is a small nonprofit in the Religion sector that reported $135K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $51K, a strong 38% operating margin.
SPARTA EDUCATION FOUNDATION EXISTS TO PROVIDE THE EXTRAS FOR EDUCATION TO SPARTA AREA SCHOOLS TEACHERS AND CLASSROOMS. WE RECEIVE REQUESTS FROM TEACHERS FOR THINGS LIKE READING, SENSORY SKILL BUILDING, THEATRE AND CULTURAL EVENTS THAT THE SCHOOLS STATE FUNDING CANNOT PROVIDE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $134,889 | $151,328 | -0.1% |
| Expenses | $83,402 | $71,642 | +0.2% |
| Net Income | $51,487 | $79,686 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| SUE LAMPEN | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| ERIN BORMES | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| KRISTI ARMOCK | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| JULIE ANDERSON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER BALDINI | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE ALSTER | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| SARAH RICHMOND | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| CHRIS HOOVER | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| STACY HELSEL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROXANNE CLAXTON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT SHIRADO | TRUSTEE | 4.00 |
Director
|
$0 | $0 | $0 |
| LEANN KITSON | PRESIDENT | 4.00 |
Officer
|
$0 | $0 | $0 |
| JAMES KIRBY | VICE-PRESIDENT | 4.00 |
Officer
|
$0 | $0 | $0 |
| SUE BLACKALL | SECRETARY | 4.00 |
Officer
|
$0 | $0 | $0 |
| PATTY VANDERWALL | TREASURER | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $134,889 | $83,402 | $1,119,319 | $51,487 |
| 2024 | $151,328 | $71,642 | $1,004,727 | $79,686 |
| 2023 | $59,235 | $69,642 | $820,453 | $-10,407 |
| 2022 | $95,946 | $52,150 | $795,392 | $43,796 |
| 2021 | $80,503 | $40,705 | $694,119 | $39,798 |
| 2020 | $90,218 | $47,170 | $654,321 | $43,048 |
| 2019 | $64,072 | $47,058 | $609,908 | $17,014 |
| 2018 | $132,668 | $53,653 | $592,894 | $79,015 |
Compare SPARTA EDUCATION FOUNDATION with other nonprofits in Michigan and across the country.