FREEPORT AREA SCHOOL DISTRICT FOUNDATION (EIN 461033920) - 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

REGAN CORDIER

Phone

7242955143

Tax Period

2024-07-01 to 2025-06-30

FREEPORT AREA SCHOOL DISTRICT FOUNDATION, founded in 2012, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. The organization ran a surplus of $17K, a strong 19% operating margin.

Mission

THE FREEPORT AREA SCHOOL DISTRICT FOUNDATION'S MISSION IS TO PUT IDEAS FOR ENHANCED EDUCATION INTO ACTION BY FUNDING INNOVATIVE PROGRAMS, BROADENING TEACHING AND LEARNING OPPORTUNITIES, AND ENCOURAGING COMMUNITY INVOLVEMENT.

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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 $36,200

Program Service Revenue $0

Investment Income $36,300

Other Revenue $20,280

TOTAL REVENUE $92,780

Expense Breakdown

Grants Paid $62,272

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,272

Other Expenses $13,298

TOTAL EXPENSES $75,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,780	$114,100	-0.2%
Expenses	$75,570	$52,487	+0.4%
Net Income	$17,210	$61,613	-0.7%

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
REGAN CORDIER	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOSEPH V CHARLTON	DIRECTOR	1.00	Director	$0	$0	$0
MATT CRYTZER	TREASURER	1.00	Officer Director	$0	$0	$0
ADAM TONCINI	DIRECTOR	1.00	Director	$0	$0	$0
RYAN REDMOND	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LISA MCCREA	SECRETARY	1.00	Officer Director	$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	$92,780	$75,570	$1,003,029	$17,210
2024	$114,100	$52,487	$927,047	$61,613
2023	$83,655	$89,999	$796,711	$-6,344
2022	$95,734	$72,663	$748,100	$23,071
2021	$77,708	$92,178	$845,067	$-14,470
2020	$75,363	$48,308	$721,009	$27,055
2019	$72,063	$47,374	$682,409	$24,689
2018	$41,840	$46,731	$647,225	$-4,891

FREEPORT AREA SCHOOL DISTRICT FOUNDATION