NORTH LAKE EDUCATION FOUNDATION INC (EIN 452155198) - 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

2012

Legal Domicile

Principal Officer

GAIL BUERMANN

Phone

5415762121

Tax Period

2024-07-01 to 2025-06-30

NORTH LAKE EDUCATION FOUNDATION INC, founded in 2012, is a micro nonprofit in the Education sector that reported $36K in total revenue in fiscal year 2024. Revenue surged 115% from the prior year, signaling strong growth momentum.

Mission

THE INITIAL GOAL OF THE FOUNDATION IS TO ACT AS A SUPPORING ORGANIZATION FOR THE NORTH LAKE SCHOOL DISTRICT BY PROVIDING ENRICHMENT FUNDING FOR THOSE ACTIVITIES, MATERIAL,

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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 $35,745

Program Service Revenue $0

Investment Income $635

Other Revenue $0

TOTAL REVENUE $36,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,380	$16,923	+1.1%
Expenses	N/A	$4,072	-1.0%
Net Income	N/A	$12,851	N/A

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
CLAYTON SHARP	BOARD MEMBER	0.01	Officer	$0	$0	$0
GAIL BUERMANN	SECRETARY	0.01	Officer	$0	$0	$0
JOSE TOBIASSON	VP & Treasurer	0.01	Officer	$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	$36,380	No data	$100,905	No data
2024	$16,923	$4,072	$64,525	$12,851
2023	$14,918	$15,132	$51,674	$-214
2022	$44,310	$11,420	$51,888	$32,890
2021	$1,614	$4,718	$18,998	$-3,104
2020	$27,109	$58,384	$22,102	$-31,275
2019	$14,307	$8,920	$53,377	$5,387
2018	$150,568	$250,268	$47,990	$-99,700

NORTH LAKE EDUCATION FOUNDATION INC