LAGUNA BEACH HIGH SCHOOL SCHOLARSHIP FOUNDATION (EIN 461524681) - 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

JONATHON COHEN

Tax Period

2024-01-01 to 2024-12-31

LAGUNA BEACH HIGH SCHOOL SCHOLARSHIP FOUNDATION, founded in 2012, is a small nonprofit in the Education sector that reported $607K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $521K left a modest 14% surplus.

Mission

THE FOUNDATION AWARDS SCHOLARSHIP GRANTS TO ASSIST LAGUNA BEACH HIGH SCHOOL GRADUATES IN PURSUING EDUCATIONAL GOALS AT VARIOUS POST HIGH SCHOOL ACADEMIC LEVELS.

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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 $458,107

Program Service Revenue $0

Investment Income $148,803

Other Revenue $0

TOTAL REVENUE $606,910

Expense Breakdown

Grants Paid $429,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $444,084

Other Expenses $92,057

TOTAL EXPENSES $521,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$606,910	$464,575	+0.3%
Expenses	$521,307	$329,993	+0.6%
Net Income	$85,603	$134,582	-0.4%

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

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
FRANK ARONOFF	Director	1.00	Director	$0	$0	$0
DIANE BABCOCK	Director	1.00	Director	$0	$0	$0
AMANDA HORTON	Secretary	1.00	Officer Director	$0	$0	$0
JACQUIE COHN	Director	1.00	Director	$0	$0	$0
KERRY RUBEL	Director	1.00	Director	$0	$0	$0
JENNIFER SWEET	President	2.50	Officer Director	$0	$0	$0
MARSHA ARONOFF	Past President	1.00	Director	$0	$0	$0
MARY FEGRAUS	Director	1.00	Director	$0	$0	$0
ALIX JARRARD	Director	1.00	Director	$0	$0	$0
LORI LEVINE	Director	1.00	Director	$0	$0	$0
GAIL ONODERA	Director	1.00	Director	$0	$0	$0
CHRIS TEBBUTT	Director	1.00	Director	$0	$0	$0
MISSY PALINO	Vice President	2.50	Officer Director	$0	$0	$0
WALT LAWSON	Director	1.00	Director	$0	$0	$0
BARBARA MACGILLIVRAY	Director	1.00	Director	$0	$0	$0
DEBBIE NAUDE	Director	1.00	Director	$0	$0	$0
JONATHON COHEN	Treasurer	2.50	Officer Director	$0	$0	$0
VICTORIA STROMBOM-GERSHENSON	Director	1.00	Director	$0	$0	$0
ELEANOR TINER	Past President	1.00	Director	$0	$0	$0
KATHI TINKESS	Past President	1.00	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
2024	$606,910	$521,307	$3,082,216	$85,603
2023	$464,575	$329,993	$2,834,979	$134,582
2022	$342,370	$400,437	$2,533,427	$-58,067
2021	$584,889	$382,505	$2,989,854	$202,384
2020	$327,783	$325,003	$2,698,763	$2,780
2019	$490,371	$372,445	$2,477,397	$117,926
2018	$488,458	$376,484	$2,173,136	$111,974

LAGUNA BEACH HIGH SCHOOL SCHOLARSHIP FOUNDATION