LEAVENWORTH PUBLIC SCHOOLS EDUCATION FOUNDATION

EIN: 481192843 501(c)(3) Education

Leavenworth, KS

Total Revenue
$230,213
Total Expenses
$249,442
Total Assets
$1,606,577
Net Assets
$1,606,331
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
KS
Principal Officer
Holly Shehorn-Pittman
Phone
9136841400
Tax Period
2023-07-01 to 2024-06-30

LEAVENWORTH PUBLIC SCHOOLS EDUCATION FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $230K in total revenue in fiscal year 2023. Net assets of $1.6M represent 84 months of operating reserves.

Mission

The Foundation was formed as a way of supporting educational efforts in the Leavenworth community that might not otherwise become a reality. It is supported by individuals, organizations, and local business owners who seek to expand learning opportunities within the Leavenworth community. We partner with the community in order to provide extraordinary educational opportunities for our students. We are proud supporters of public education, encourage turning ideas into action and we believe the gifts we give today builds a better tomorrow.

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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 (2023)

Revenue Breakdown

Contributions & Grants $193,706
Program Service Revenue $0
Investment Income $36,507
Other Revenue $0
TOTAL REVENUE $230,213

Expense Breakdown

Grants Paid $232,978
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $232,978
Other Expenses $16,464
TOTAL EXPENSES $249,442

Year-over-Year Comparison

2023 2022 Change
Revenue $230,213 $228,802 +0.0%
Expenses $249,442 $195,504 +0.3%
Net Income $-19,229 $33,298 -1.6%
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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Governance

Voting Members
38
Independent Members
38
Employees
N/A
Volunteers
60

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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Holly Shehorn-Pittman President 5
Officer Director
$0 $0 $0
Mark Denney Vice President 5
Officer Director
$0 $0 $0
Liisa Waugh Secretary 5
Officer Director
$0 $0 $0
Chris Foster Treasurer 5
Officer Director
$0 $0 $0
Mike Reilly Past President 5
Officer Director
$0 $0 $0
Tracey Sommerla Member at Large 5
Officer 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 No data No data No data No data
2024 $230,213 $249,442 $1,606,577 $-19,229
2023 $228,802 $195,504 $1,498,559 $33,298
2022 $195,448 $201,933 $1,333,248 $-6,485
2021 $273,816 $182,687 $1,492,564 $91,129
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