Foundation for Excellence Walled Lake Schools (EIN 383041277) - Form 990 Financial Analysis & Trantor Score

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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

1972

Legal Domicile

Phone

2489562116

Tax Period

2024-07-01 to 2025-06-30

Foundation for Excellence Walled Lake Schools, founded in 1972, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $123K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $20K, a strong 16% operating margin.

Mission

FOSTER INNOVATION IN TEACHING AND LEARNING WITHIN THE WALLED LAKE CONSOLIDATED SCHOOL DISTRICT.

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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 $89,001

Program Service Revenue $0

Investment Income $6,671

Other Revenue $27,679

TOTAL REVENUE $123,351

Expense Breakdown

Grants Paid $59,227

Salaries & Benefits $38,520

Fundraising Expenses $4,173

Program Expenses $85,073

Other Expenses $5,535

TOTAL EXPENSES $103,282

Year-over-Year Comparison

	2024	2023	Change
Revenue	$123,351	$107,183	+0.2%
Expenses	$103,282	$106,221	0.0%
Net Income	$20,069	$962	+19.9%

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

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

$38,520

Total Directors

$38,520

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jackie Gurwin	Executive Dir.	32.00	Officer Director	$38,520	$0	$38,520
Michael Brodowicz	Chairman	2.00	Officer Director	$0	$0	$0
Charles Phillipson	Vice President	2.00	Officer Director	$0	$0	$0
Marsha Beattie	Secretary	2.00	Officer Director	$0	$0	$0
Marci Augenstein	Trustee	1.00	Director	$0	$0	$0
Marc Siegler	Trustee	1.00	Director	$0	$0	$0
Susanna Crafton	Treasurer	1.00	Officer Director	$0	$0	$0
Jennifer Phillips-Weckstein	Trustee	1.00	Director	$0	$0	$0
Judy Evola	Trustee	1.00	Director	$0	$0	$0
Thomas Ropek	Trustee	1.00	Director	$0	$0	$0
Bryan Feldpausch	Trustee	1.00	Director	$0	$0	$0
Matthew Hewitt	Trustee	1.00	Director	$0	$0	$0
Brian Alpert	Trustee	2.00	Director	$0	$0	$0
Nayal Maktari	Trustee	1.00	Director	$0	$0	$0
Melanie Lawley	Trustee	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	$123,351	$103,282	$462,665	$20,069
2024	$107,183	$106,221	$429,058	$962
2024	No data	No data	No data	No data
2023	$111,427	$139,227	$397,470	$-27,800
2022	$191,060	$104,879	$418,057	$86,181

Foundation for Excellence Walled Lake Schools