SANDUSKY EDUCATION FOUNDATION (EIN 461800323) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

TESSA STEINEMANN

Phone

4193576013

Tax Period

2024-01-01 to 2024-12-31

SANDUSKY EDUCATION FOUNDATION, founded in 2013, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 32% operating deficit.

Mission

SUPPORT SANDUSKY CITY SCHOOLS IN PROVIDING CHALLENGING AND ENRICHING EDUCATIONAL EXPERIENCES TO MAXIMIZE THE LEARNING POTENTIAL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,335,669

Program Service Revenue $0

Investment Income $35,700

Other Revenue $0

TOTAL REVENUE $1,371,369

Expense Breakdown

Grants Paid $1,796,528

Salaries & Benefits $243

Fundraising Expenses $81

Program Expenses $1,796,835

Other Expenses $8,541

TOTAL EXPENSES $1,805,312

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,371,369	$1,866,742	-0.3%
Expenses	$1,805,312	$1,008,249	+0.8%
Net Income	$-433,943	$858,493	-1.5%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
DAVID AMERINE	DIRECTOR	1.00	Director	$0	$0	$0
JUDY CORSO	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES HART	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFFREY KRABILL	DIRECTOR	1.00	Director	$0	$0	$0
RONALD CANTELLI	DIRECTOR	1.00	Director	$0	$0	$0
EUGENE SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
BILL PAHL	DIRECTOR	1.00	Director	$0	$0	$0
LOU SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
TESSA STEINEMANN	TREASURER	1.00	Officer Director	$0	$0	$0
MARRY GILES	DIRECTOR	1.00	Director	$0	$0	$0
DAN RAMBLER	DIRECTOR	1.00	Director	$0	$0	$0
LISA WILSON	DIRECTOR	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	$1,371,369	$1,805,312	$1,019,642	$-433,943
2023	$1,866,742	$1,008,249	$1,681,739	$858,493
2022	$237,529	$415,928	$805,150	$-178,399
2021	$366,666	$39,765	$986,889	$326,901
2020	$140,205	$45,934	$658,036	$94,271
2019	$340,612	$63,066	$563,196	$277,546
2018	$347,030	$92,023	$285,375	$255,007

SANDUSKY EDUCATION FOUNDATION