SPIRIT LAKE COMMUNITY SCHOOL FOUNDATION CORP (EIN 421282141) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1986

Legal Domicile

Principal Officer

SUSAN MAAHS

Phone

7123364109

Tax Period

2024-07-01 to 2025-06-30

SPIRIT LAKE COMMUNITY SCHOOL FOUNDATION CORP, founded in 1986, is a small nonprofit that reported $451K in total revenue in fiscal year 2024. Revenue surged 180% from the prior year, signaling strong growth momentum. The organization ran a surplus of $345K, a strong 76% operating margin.

Mission

EDUCATION - PROVIDE SCHOLARSHIPS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $342,199

Program Service Revenue $0

Investment Income $109,234

Other Revenue $0

TOTAL REVENUE $451,433

Expense Breakdown

Grants Paid $83,900

Salaries & Benefits $0

Fundraising Expenses $3,605

Program Expenses $86,898

Other Expenses $22,671

TOTAL EXPENSES $106,571

Year-over-Year Comparison

	2024	2023	Change
Revenue	$451,433	$161,333	+1.8%
Expenses	$106,571	$106,839	0.0%
Net Income	$344,862	$54,494	+5.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
JOSH BOLLUYT	DIRECTOR	N/A	Director	$0	$0	$0
DEB DITSWORTH	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
TODD HUMMEL	DIRECTOR	N/A	Director	$0	$0	$0
TONY JENNINGS	DIRECTOR	N/A	Director	$0	$0	$0
ANNETTE KALKHOFF	DIRECTOR	N/A	Director	$0	$0	$0
KATHY KLEEN	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN MAAHS	PRESIDENT	2.00	Officer Director	$0	$0	$0
BARB MENDENHALL	TREASURER	1.00	Officer Director	$0	$0	$0
LORI PEDERSEN	DIRECTOR	N/A	Director	$0	$0	$0
NANCY PRINGNITZ	SECRETARY	N/A	Officer 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	$451,433	$106,571	$1,977,875	$344,862
2024	$161,333	$106,839	$1,537,837	$54,494
2023	$85,660	$91,480	$1,382,977	$-5,820
2022	$92,725	$91,704	$1,302,643	$1,021
2021	$145,355	$76,811	$1,482,844	$68,544
2020	$146,432	$142,709	$1,158,540	$3,723
2019	$82,674	$86,615	$1,190,351	$-3,941

SPIRIT LAKE COMMUNITY SCHOOL FOUNDATION CORP