ASSUMPTION FOUNDATION INC (EIN 396124767) - 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

1968

Legal Domicile

Principal Officer

MARY LA CASSE

Phone

7154220910

Tax Period

2023-07-01 to 2024-06-30

ASSUMPTION FOUNDATION INC, founded in 1968, is a small nonprofit in the Education sector that reported $329K in total revenue in fiscal year 2023. The organization ran a surplus of $83K, a strong 25% operating margin.

Mission

PROVIDE FUNDING FOR THE OPERATIONS OF ASSUMPTION CATHOLIC SCHOOLS IN WISCONSIN RAPIDS WI AND TUITION ASSISTANCE TO DESERVING STUDENTS ENROLLED IN THOSE SCHOOLS

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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 $131,399

Program Service Revenue $0

Investment Income $198,071

Other Revenue $0

TOTAL REVENUE $329,470

Expense Breakdown

Grants Paid $208,211

Salaries & Benefits $0

Fundraising Expenses $207

Program Expenses $209,248

Other Expenses $37,846

TOTAL EXPENSES $246,057

Year-over-Year Comparison

	2023	2022	Change
Revenue	$329,470	$321,088	+0.0%
Expenses	$246,057	$169,914	+0.4%
Net Income	$83,413	$151,174	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY LA CASSE	PRESIDENT	4.00	Officer Director	$0	$0	$0
SCOTT PATERICK	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
LINDA BENDER	TREASURER	4.00	Officer Director	$0	$0	$0
DIANE MOSS	SECRETARY	4.00	Officer Director	$0	$0	$0
STEVE WALCZAK	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL MINTER	DIRECTOR	1.00	Director	$0	$0	$0
REV DAVE BRUENER	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE MILAZZO	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KINZEL	DIRECTOR	1.00	Director	$0	$0	$0
DR RON KIRSCHLING	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MINARCIN	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANNE GETZIN	DIRECTOR	1.00	Director	$0	$0	$0
MARY SIGLER BRYNIARSKI	DIRECTOR	1.00	Director	$0	$0	$0
CAROL DAVIS	DIRECTOR	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	No data	No data	No data	No data
2024	$329,470	$246,057	$5,203,992	$83,413
2023	$321,088	$169,914	$4,785,420	$151,174
2022	$1,938,979	$175,923	$4,369,411	$1,763,056
2021	$352,818	$138,499	$3,433,586	$214,319
2020	$177,315	$111,681	$2,694,108	$65,634
2019	$198,081	$144,306	$2,640,645	$53,775

ASSUMPTION FOUNDATION INC