CLARK-PLEASANT EDUCATION FOUNDATION INC

EIN: 461152297 501(c)(3) Education

WHITELAND, IN

Total Revenue
$123,012
Total Expenses
$56,947
Total Assets
$543,183
Net Assets
$543,183
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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
IN
Principal Officer
MICHAEL BENEFIELD
Phone
3175357579
Tax Period
2025-01-01 to 2025-06-30

CLARK-PLEASANT EDUCATION FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $123K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $66K, a strong 54% operating margin.

Mission

THE CORPORATION IS FORMED TO: ENCOURAGE, RECOGNIZE, REWARD, AND SUPPORT CREATIVITY, INNOVATION, ACHIEVEMENT, AND EXCELLENCE WITHIN THE STUDENTS, TEACHERS, AND ADMINISTRATORS OF CLARK-PLEASANT COMMUNITY SCHOOL CORPORATION; DEVELOPMENT PARTNERSHIPS WITH INDIVIDUALS, FAMILIES, COMMUNITY GROUPS, LOCAL BUSINESSES, AND PHILANTHROPIES TO ENHANCE EDUCATIONAL OPPORTUNITIES WITHIN THE CLARK-PLEASANT COMMUNITY SCHOOL CORPORATION; INSPIRE PARENTS AND ALUMNI OF CLARK-PLEASANT COMMUNITY SCHOOL CORPORATION TO PARTICIPATE IN THE LEARNING PROCESS; AND TO WORK WITH TEACHERS AND ADMINISTRATORS IN ORDER TO ENHANCE THE QUALITY OF PUBLIC 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $152,043
Program Service Revenue $0
Investment Income $3,951
Other Revenue $-32,982
TOTAL REVENUE $123,012

Expense Breakdown

Grants Paid $6,138
Salaries & Benefits $0
Fundraising Expenses $2,912
Program Expenses $36,656
Other Expenses $50,809
TOTAL EXPENSES $56,947

Year-over-Year Comparison

2024 2023 Change
Revenue $123,012 $197,871 -0.4%
Expenses $56,947 $148,910 -0.6%
Net Income $66,065 $48,961 +0.3%
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
7
Employees
N/A
Volunteers
25

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
4
$0
Total Directors
5
$13,900
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNY ZAHM EXECUTIVE DI 20.00
Director
$9,900 $0 $9,900
TRACY NEER ASSISTANT DI 10.00
Director
$4,000 $0 $4,000
LESLIE BEESON BOARD MEMBER 1.00
Director
$0 $0 $0
DR TIM EDSELL BOARD MEMBER 1.00
Director
$0 $0 $0
LENELL TATE BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL BENEFIELD PRESIDENT 1.00
Officer
$0 $0 $0
TRACY MCCARTY TREASURER 1.00
Officer
$0 $0 $0
WENDY PREILIS VICE PRESIDE 1.00
Officer
$0 $0 $0
TANYA PUGH SECRETARY 1.00
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 $123,012 $56,947 $543,183 $66,065
2024 $197,871 $148,910 $384,328 $48,961
2021 $220,214 $89,773 $276,827 $130,441
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