LAKE LINDEN-HUBBELL PUBLIC SCHOOLS FOUNDATION INC (EIN 383378259) - 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

1997

Legal Domicile

Principal Officer

CRAIG SUNDBLAD

Phone

9062966211

Tax Period

2023-07-01 to 2024-06-30

LAKE LINDEN-HUBBELL PUBLIC SCHOOLS FOUNDATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $193K in total revenue in fiscal year 2023. Revenue surged 165% from the prior year, signaling strong growth momentum. Expenses of $166K left a modest 14% surplus.

Mission

TO PROVIDE GRANTS TO THE LAKE LINDEN-HUBELL SCHOOLS AND SCHOLARSHIPS TO ITS STUDENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $70,485

Program Service Revenue $0

Investment Income $122,807

Other Revenue $0

TOTAL REVENUE $193,292

Expense Breakdown

Grants Paid $137,215

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $137,245

Other Expenses $28,678

TOTAL EXPENSES $165,893

Year-over-Year Comparison

	2023	2022	Change
Revenue	$193,292	$73,019	+1.6%
Expenses	$165,893	$155,008	+0.1%
Net Income	$27,399	$-81,989	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG SUNDBLAD	PRESIDENT	N/A	Officer	$0	$0	$0
DOUGLAS ZIEMNICK	VICE PRESIDE	N/A	Officer	$0	$0	$0
LINDA ZIEMNICK	SECRETARY	N/A	Officer	$0	$0	$0
LYNN MAGNUSON	TREASURER	N/A	Officer	$0	$0	$0
BRAD CODERE	DIRECTOR	N/A	Director	$0	$0	$0
PATRICIA BURTON	DIRECTOR	N/A	Director	$0	$0	$0
MEGAN MUKAVETZ	DIRECTOR	N/A	Director	$0	$0	$0
TARA PIERCE	DIRECTOR	N/A	Director	$0	$0	$0
DEBORA NORTH	DIRECTOR	N/A	Director	$0	$0	$0
SUE HARALSON	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	$193,292	$165,893	$3,314,267	$27,399
2023	$73,019	$155,008	$3,096,882	$-81,989
2022	$184,155	$115,889	$2,996,146	$68,266
2021	$243,701	$90,846	$3,272,423	$152,855
2020	$2,560,246	$42,545	$2,800,063	$2,517,701

LAKE LINDEN-HUBBELL PUBLIC SCHOOLS FOUNDATION INC