STATE COLLEGE AREA SCHOOL DISTRICT EDUCATION FOUNDATION INC (EIN 475435852) - 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

DUANE BULLOCK

Phone

8142311021

Tax Period

2024-07-01 to 2025-06-30

STATE COLLEGE AREA SCHOOL DISTRICT EDUCATION FOUNDATION INC, founded in 2015, is a small nonprofit in the Education sector that reported $311K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $288K left a modest 7% surplus.

Mission

TO SUPPORT THE MISSION AND ACTIVITIES OF THE STATE COLLEGE AREA SCHOOL DISTRICT.

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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 $298,122

Program Service Revenue $0

Investment Income $11,147

Other Revenue $2,011

TOTAL REVENUE $311,280

Expense Breakdown

Grants Paid $163,400

Salaries & Benefits $76,320

Fundraising Expenses $115,870

Program Expenses $163,400

Other Expenses $48,491

TOTAL EXPENSES $288,211

Year-over-Year Comparison

	2024	2023	Change
Revenue	$311,280	$240,559	+0.3%
Expenses	$288,211	$1,283,618	-0.8%
Net Income	$23,069	$-1,043,059	-1.0%

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

$74,329

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DUANE BULLOCK	PRESIDENT/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
LUKE MASSARO	VICE PRESIDENT/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
BILL KOCHER	TREASURER/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
MARY KAY MONTOVINO	PRESIDENT/BOARD MEMBER (UNTIL 12/24)	5.00	Officer Director	$0	$0	$0
STEVEN BODNER	BOARD MEMBER	1.00	Director	$0	$0	$0
AMBER CONCEPCION	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL DESMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE FRISCO	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROL GRIM	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUGLAS LOVISCKY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANN MCGLAUGHLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DEBORAH ANDERSON	SCHOOL BOARD LIAISON	1.00	Director	$0	$0	$0
DANIEL KOLBE	BOARD MEMBER (UNTIL 7/25)	1.00	Director	$0	$0	$0
CHRISTEN BUCKLEY	BOARD MEMBER (UNTIL 12/24)	1.00	Director	$0	$0	$0
AMY BADER	SCHOOL BOARD LIAISON (UNTIL 12/24)	1.00	Director	$0	$0	$0
CURTIS JOHNSON	EX-OFFICIO MEMBER (NON-VOTING)	1.00	Director	$0	$0	$0
RANDY BROWN	EX-OFFICIO MEMBER (NON-VOTING)	4.00	Director	$0	$0	$0
PAUL OLIVETT	EXECUTIVE DIRECTOR	20.00	Officer	$74,329	$0	$74,329

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	$311,280	$288,211	$297,211	$23,069
2024	$240,559	$1,283,618	$238,762	$-1,043,059
2023	$400,038	$431,350	$1,280,544	$-31,312
2022	$296,541	$400,355	$1,311,718	$-103,814
2021	$1,075,295	$335,326	$1,402,990	$739,969
2020	$475,555	$418,614	$663,271	$56,941
2019	$610,797	$105,476	$620,540	$505,321

STATE COLLEGE AREA SCHOOL DISTRICT EDUCATION FOUNDATION INC