FUNDAMENTAL LITERACY FOUNDATION (EIN 473123367) - 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

2015

Legal Domicile

Principal Officer

JEANINE L PHILLIPS

Phone

3166847323

Tax Period

2024-07-01 to 2025-06-30

FUNDAMENTAL LITERACY FOUNDATION, founded in 2015, is a small nonprofit in the Education sector that reported $269K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $247K left a modest 8% surplus.

Mission

PROVIDE INTERESTED PERSONS THE ABILITY TO SUPPORT THE PHILLIPS FUNDAMENTAL LEARNING CENTER.

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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 $21,467

Program Service Revenue $0

Investment Income $247,894

Other Revenue $0

TOTAL REVENUE $269,361

Expense Breakdown

Grants Paid $157,891

Salaries & Benefits $0

Fundraising Expenses $6,812

Program Expenses $157,891

Other Expenses $89,016

TOTAL EXPENSES $246,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$269,361	$777,812	-0.7%
Expenses	$246,907	$1,218,295	-0.8%
Net Income	$22,454	$-440,483	-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

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
ROGER D LOWE	TREASURER	3.00	Officer Director	$0	$0	$0
KIM PACKEBUSH	SECRETARY	1.00	Officer Director	$0	$0	$0
DEE ROLPH	BOARD MEMBER	1.00	Director	$0	$0	$0
CODY ROLPH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIETTA WETZEL	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL PICKERT	BOARD MEMBER	1.00	Director	$0	$0	$0
JEANINE PHILLIPS	PRESIDENT	10.00	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	$269,361	$246,907	$8,923,073	$22,454
2024	$777,812	$1,218,295	$8,915,400	$-440,483
2023	$2,115,637	$12,767,270	$9,305,490	$-10,651,633
2022	$2,398,424	$1,371,687	$19,921,232	$1,026,737
2021	$9,174,146	$127,474	$18,878,644	$9,046,672
2019	$3,081,289	$203,167	$8,655,709	$2,878,122
2018	$3,330,404	$252,543	$5,777,587	$3,077,861

FUNDAMENTAL LITERACY FOUNDATION