WORCESTER COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION INC

EIN: 471221617 501(c)(3) Education

NEWARK, MD

Total Revenue
$122,374
Total Expenses
$131,077
Total Assets
$1,311,907
Net Assets
$1,311,907
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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
2014
Legal Domicile
MD
Principal Officer
RAY THOMPSON
Phone
4106325000
Tax Period
2024-07-01 to 2025-06-30

WORCESTER COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION INC, founded in 2014, is a small nonprofit in the Education sector that reported $122K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Net assets of $1.3M represent 129 months of operating reserves.

Mission

TO ESTABLISH A PROACTIVE PARTNERSHIP BETWEEN THE COMMUNITY AND THE PUBLIC SCHOOL SYSTEM BY LINKING COMMUNITY RESOURCES WITH THE EDUCATIONAL NEEDS OF ITS STUDENTS TO PREPARE THEM TO SUCCEED.

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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 $66,978
Program Service Revenue $0
Investment Income $46,241
Other Revenue $9,155
TOTAL REVENUE $122,374

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,994
Fundraising Expenses $0
Program Expenses $49,598
Other Expenses $58,083
TOTAL EXPENSES $131,077

Year-over-Year Comparison

2024 2023 Change
Revenue $122,374 $105,284 +0.2%
Expenses $131,077 $36,525 +2.6%
Net Income $-8,703 $68,759 -1.1%
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
15
Independent Members
15
Employees
1
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
3
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG SHOCKLEY VICE CHAIRMA N/A
Officer Director
$0 $0 $0
CHAD VENT TREASURER N/A
Officer Director
$0 $0 $0
TONI KEISER DIRECTOR N/A
Director
$0 $0 $0
RAY THOMPSON CHAIRMAN N/A
Director
$0 $0 $0
LOUIS TAYLOR SECRETARY N/A
Officer Director
$0 $0 $0
SUSAN TRIMBLE DIRECTOR N/A
Director
$0 $0 $0
BOBBY HAMMOND DIRECTOR N/A
Director
$0 $0 $0
SARA HAMBURY DIRECTOR N/A
Director
$0 $0 $0
ANNETTE WALLACE EX-OFFICIO D N/A
Director
$0 $0 $0
HOPE PALMER DIRECTOR N/A
Director
$0 $0 $0
DENISE SHORTS EX-OFFICIO D N/A
Director
$0 $0 $0
CARRIE STERRS EX-OFFICIO D N/A
Director
$0 $0 $0
OLIVIA MOMME DIRECTOR N/A
Director
$0 $0 $0
BRIAN SHOCKLEY DIRECTOR N/A
Director
$0 $0 $0
KRISTA WATKOWSKI DIRECTOR N/A
Director
$0 $0 $0
KRISTIE FOGLE DIRECTOR N/A
$0 $0 $0
DONNA PELLINGER DIRECTOR N/A
Director
$0 $0 $0
EMILY VOCKE DIRECTOR N/A
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 $122,374 $131,077 $1,311,907 $-8,703
2024 $105,284 $36,525 $1,298,066 $68,759
2023 $189,841 $17,143 $1,080,186 $172,698
2022 $122,536 $9,701 $932,494 $112,835
2021 $69,026 $54,820 $819,659 $14,206
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