LINN-MAR SCHOOL FOUNDATION (EIN 421267125) - 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

1985

Legal Domicile

Phone

3194473065

Tax Period

2024-07-01 to 2025-06-30

LINN-MAR SCHOOL FOUNDATION, founded in 1985, is a small nonprofit that reported $357K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $411K exceeded revenue, resulting in a 15% operating deficit.

Mission

THE LINN-MAR SCHOOL FOUNDATION RAISES AND DISTRIBUTES PRIVATE FUNDING IN SUPPORT OF K-12 CLASSROOMS, CURRICULUM, AND ENRICHMENT PROGRAMS IN THE LINN-MAR COMMUNITY SCHOOL DISTRICT. THEY ARE A PROUD PARTNER TO THE DISTRICT AND ARE DEDICATED TO HELP SUPPORT A QUALITY EDUCATIONAL EXPERIENCE FOR ALL STUDENTS AS WE WORK TOGETHER TO INSPIRE LEARNING, UNLOCK POTENTIAL, AND EMPOWER ACHIEVEMENT.

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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 $306,470

Program Service Revenue $0

Investment Income $57,153

Other Revenue $-6,747

TOTAL REVENUE $356,876

Expense Breakdown

Grants Paid $272,257

Salaries & Benefits $83,540

Fundraising Expenses $1,134

Program Expenses $293,910

Other Expenses $54,801

TOTAL EXPENSES $410,598

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,876	$405,212	-0.1%
Expenses	$410,598	$379,994	+0.1%
Net Income	$-53,722	$25,218	-3.1%

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

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

$51,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHELLEY SCHROEDER	Executive Dir.	30.00	Officer	$51,500	$0	$51,500
MOLLY BAYNES	Director	1.00	Director	$0	$0	$0
ADAM CALCARA	Director	1.00	Director	$0	$0	$0
ANN FRY	Director	1.00	Director	$0	$0	$0
BRITTANY BARNHART	Director	1.00	Director	$0	$0	$0
CARI FOSS	Director	1.00	Director	$0	$0	$0
KALLIE HERINK	President	2.00	Officer Director	$0	$0	$0
ROB MYERS	Past-President	2.00	Officer Director	$0	$0	$0
KAROL SHEPHERD	Secretary	2.00	Officer Director	$0	$0	$0
KIM SUDDENDORF	Director	1.00	Director	$0	$0	$0
LINDSAY WAGONER	Director	1.00	Director	$0	$0	$0
KATIE LUEKEN	Director	1.00	Director	$0	$0	$0
KATIE SLEEPER	Director	1.00	Director	$0	$0	$0
STEVE SCHREIBER	Director	1.00	Director	$0	$0	$0
AMANDA WENDLING	Director	1.00	Director	$0	$0	$0
BRANDON MARSH	Director	1.00	Director	$0	$0	$0
MACKENZIE MAXEDON	Director	1.00	Director	$0	$0	$0
MARY SULT	Director	1.00	Director	$0	$0	$0
SARAH PETERS	Treasurer	2.00	Officer Director	$0	$0	$0
SHAWN KEATING	Director	1.00	Director	$0	$0	$0
SALLY WILEY	Director	1.00	Director	$0	$0	$0
LESLEY VANCURA	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	$356,876	$410,598	$1,557,397	$-53,722
2024	$405,212	$379,994	$1,539,800	$25,218
2023	$326,341	$328,042	$1,425,733	$-1,701
2022	$345,645	$338,321	$1,400,246	$7,324
2021	$358,450	$219,225	$1,538,255	$139,225
2020	$223,290	$216,040	$1,256,755	$7,250
2019	$344,450	$282,592	$1,221,290	$61,858
2018	$305,675	$301,519	$1,130,578	$4,156

LINN-MAR SCHOOL FOUNDATION