VERNA S OLLER FOUNDATION

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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

2010

Legal Domicile

Phone

3607832067

Tax Period

2024-01-01 to 2024-12-31

VERNA S OLLER FOUNDATION, founded in 2010, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $34K exceeded revenue, resulting in a 19% operating deficit.

Mission

To provide scholarships and education assistance to graduates and teachers of the Ocean Beach School District.

Program Service Accomplishments

Program 1

Expenses: $34,196

The organization will provide scholarships for students that have graduated from the Ocean Beach School District and it will also provide education assistance for teachers of the Ocean Beach School...

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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 $0

Program Service Revenue $0

Investment Income $28,664

Other Revenue $0

TOTAL REVENUE $28,664

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $34,196

Other Expenses $9,196

TOTAL EXPENSES $34,196

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,664	$42,357	-0.3%
Expenses	$34,196	$28,457	+0.2%
Net Income	$-5,532	$13,900	-1.4%

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

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
Guy M Glenn	Trustee	2.00		$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	$28,664	$34,196	$898,152	$-5,532
2023	$42,357	$28,457	$903,684	$13,900
2022	$34,973	$28,321	$889,784	$6,652
2021	$79,000	$24,408	$883,132	$54,592
2020	$48,556	$25,130	$828,540	$23,426
2019	$4,575	$26,298	$805,114	$-21,723
2018	$76,336	$21,365	$826,837	$54,971