FARNSWORTH SCHOOL ORGANIZATION INC (EIN 453744821) - 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

KATE MAKOSKY

Phone

6512938675

Tax Period

2024-08-01 to 2025-07-31

FARNSWORTH SCHOOL ORGANIZATION INC, founded in 2011, is a small nonprofit in the Education sector that reported $230K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $218K left a modest 5% surplus.

Mission

FARNSWORTH SCHOOL ORGANIZATION, INC. (FSO) IS A NON-PROFIT 501(C)(3) COMMITTEE THAT SERVES AS THE PTO GROUP OF FARNSWORTH AEROSPACE PREK-8 MAGNET SCHOOL THAT CONSISTS OF PARENTS, STAFF MEMBERS, AND COMMUNITY MEMBERS. FSO'S PURPOSE IS TO SUPPORT THE EDUCATIONAL EXPERIENCE OF CHILDREN ATTENDING FARNSWORTH AEROSPACE PREK-8 MAGNET SCHOOL BY SUPPORTING ACADEMIC AND ENRICHMENT ACTIVITIES, AND IMPROVING THE SCHOOL ENVIRONMENT BY PROVIDING VOLUNTEER AND FINANCIAL SUPPORT. PARTICIPATION AND INVOLVEMENT OF ALL PARENTS AND CAREGIVERS, STUDENTS, STAFF AND TEACHERS, AND COMMUNITY MEMBERS IS HIGHLY ENCOURAGED AND WELCOMED.

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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 $212,975

Program Service Revenue $16,958

Investment Income $0

Other Revenue $0

TOTAL REVENUE $229,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216,886

Other Expenses $218,396

TOTAL EXPENSES $218,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$229,933	$165,877	+0.4%
Expenses	$218,396	$179,094	+0.2%
Net Income	$11,537	$-13,217	-1.9%

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
KATE MAKOSKY	CO-CHAIR	2.00	Officer	$0	$0	$0
KEESHA PFEIFER	CO-CHAIR	2.00	Officer	$0	$0	$0
ALLISON MCQUADE	CO-TREASURER	4.00	Officer	$0	$0	$0
MICHAEL RICHARDS	CO-TREASURER	2.00	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
2025	$229,933	$218,396	$437,612	$11,537
2024	$165,877	$179,094	$426,075	$-13,217
2023	$256,777	$255,193	$462,102	$1,584
2022	$19,943	$62,427	$460,518	$-42,484
2021	$501,881	$111,792	$503,002	$390,089

FARNSWORTH SCHOOL ORGANIZATION INC