WASHOE K-12 EDUCATION FOUNDATION (EIN 452488886) - 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

2011

Legal Domicile

Principal Officer

NICOLE LAMBOLEY

Phone

7757711612

Tax Period

2019-01-01 to 2019-12-31

WASHOE K-12 EDUCATION FOUNDATION, founded in 2011, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2019. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $391K exceeded revenue, resulting in a 45% operating deficit.

Mission

INCREASE AWARENESS IN THE COMMUNITY ABOUT THE VALUE OF INVESTING IN TARGETED K-12 EDUCATION

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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 (2019)

Revenue Breakdown

Contributions & Grants $283,897

Program Service Revenue $0

Investment Income $0

Other Revenue $-13,619

TOTAL REVENUE $270,278

Expense Breakdown

Grants Paid $339,212

Salaries & Benefits $50,000

Fundraising Expenses $5,000

Program Expenses $381,712

Other Expenses $2,164

TOTAL EXPENSES $391,376

Year-over-Year Comparison

	2019	2018	Change
Revenue	$270,278	$437,245	-0.4%
Expenses	$391,376	$434,658	-0.1%
Net Income	$-121,098	$2,587	-47.8%

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE LAMBOLEY	CHAIR	1.00	Officer Director	$0	$0	$0
JIM PFROMMER	VICE CHAIR/TREAS - THROUGH FEBRUARY	1.00	Officer Director	$0	$0	$0
TODD FERGUSON	TREASURER - JULY THROUGH DECEMBER	1.00	Officer Director	$0	$0	$0
MICHONNE ASCUAGA	TRUSTEE	1.00	Director	$0	$0	$0
SANDY ROGERS	TRUSTEE	1.00	Director	$0	$0	$0
JAFETH SANCHEZ	TRUSTEE	1.00	Director	$0	$0	$0
CONNOR ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
CARYN SWOBE	EXECUTIVE DIRECTOR	40.00	Officer Director	$50,000	$0	$50,000

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
2019	$270,278	$391,376	$288,033	$-121,098
2018	$437,245	$434,658	$409,131	$2,587

WASHOE K-12 EDUCATION FOUNDATION