MILWAUKEE PUBLIC SCHOOLS FOUNDATION INC (EIN 391929112) - 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

1998

Legal Domicile

Principal Officer

JOHN KERSEY

Phone

4148745291

Tax Period

2023-01-01 to 2023-12-31

MILWAUKEE PUBLIC SCHOOLS FOUNDATION INC, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $422K, a strong 23% operating margin.

Mission

TO PROMOTE EDUCATIONAL EXCELLENCE AND STRENGHTEN COMMUNITY PARTICIPATION IN MPS.

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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 $1,729,566

Program Service Revenue $0

Investment Income $78,083

Other Revenue $0

TOTAL REVENUE $1,807,649

Expense Breakdown

Grants Paid $1,210,352

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,210,352

Other Expenses $175,513

TOTAL EXPENSES $1,385,865

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,807,649	$1,816,040	0.0%
Expenses	$1,385,865	$2,691,764	-0.5%
Net Income	$421,784	$-875,724	-1.5%

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

122

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

$45,839

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH POSLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
TINA CHANG	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER FEIGIN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISTINA FIASCA	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES FRIEDMAN	TREASURER	1.00	Officer Director	$0	$0	$0
JACQUELINE HERD-BARBER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN KERSEY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
H CARL MUELLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK SABLJAK	BOARD MEMBER	1.00	Director	$0	$0	$0
XELA GARCIA	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTHONY SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED TABAK	BOARD MEMBER	1.00	Director	$0	$0	$0
JOEL HAUBRICH	BOARD MEMBER	1.00	Director	$0	$0	$0
M PAULA PHILIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
WENDELL WILLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
FRANCOIS ELZAKHEM	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIE JUDE II	EXECUTIVE DIRECTOR	40.00	Officer	$0	$16,452	$45,839

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
2024	No data	No data	No data	No data
2023	$1,807,649	$1,385,865	$3,359,253	$421,784
2022	$1,816,040	$2,691,764	$2,811,848	$-875,724
2021	$1,550,548	$1,908,171	$3,703,074	$-357,623
2020	$3,091,006	$1,477,251	$4,053,491	$1,613,755
2019	$1,802,344	$1,690,031	$2,468,049	$112,313
2018	$1,193,863	$1,260,960	$2,365,886	$-67,097

MILWAUKEE PUBLIC SCHOOLS FOUNDATION INC