PETAL ELEMENTARY SCHOOL PTO

EIN: 452974135 501(c)(3) Youth Development

PETAL, MS

Total Revenue
$31,014
Total Expenses
$37,855
Total Assets
$3,504
Net Assets
$3,504
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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
MS
Tax Period
2023-08-01 to 2024-07-31

PETAL ELEMENTARY SCHOOL PTO, founded in 2011, is a micro nonprofit in the Youth Development sector that reported $31K in total revenue in fiscal year 2023. Expenses of $38K exceeded revenue, resulting in a 22% operating deficit.

Mission

THE PTO IS A NONPROFIT ORGANIZATION THAT EXISTS FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING THE MAKING OF THE DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $99,922
Program Service Revenue $0
Investment Income $37
Other Revenue $-68,945
TOTAL REVENUE $31,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $37,855
Other Expenses $37,855
TOTAL EXPENSES $37,855

Year-over-Year Comparison

2023 2022 Change
Revenue $31,014 N/A N/A
Expenses $37,855 N/A N/A
Net Income $-6,841 N/A 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

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LINDSEY WILCOX TREASURER 10.00
Officer
$0 $0 $0
LESLIE LAMBERT SECRETARY 10.00
Officer
$0 $0 $0
KARA HERMAN PRESIDENT 32.00
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
2024 $31,014 $37,855 $3,504 $-6,841
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