VERMILLION PUBLIC SCHOOLS FOUNDATION (EIN 510646036) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

Andy Schulz

Phone

6056777000

Tax Period

2023-01-01 to 2023-12-31

VERMILLION PUBLIC SCHOOLS FOUNDATION, founded in 2006, is a small nonprofit in the Education sector that reported $608K in total revenue in fiscal year 2021. Revenue surged 509% from the prior year, signaling strong growth momentum. The organization ran a surplus of $553K, a strong 91% operating margin.

Mission

Mission: To Support Opportunities for Learners to Confidently Succeed in a Diverse World. Our Primary Purpose is to Benefit the Public Education of Vermillion SD PK-12 Students.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $438,464

Program Service Revenue $0

Investment Income $63,471

Other Revenue $0

TOTAL REVENUE $501,935

Expense Breakdown

Grants Paid $225,204

Salaries & Benefits $19,942

Fundraising Expenses $0

Program Expenses $225,204

Other Expenses $9,803

TOTAL EXPENSES $254,949

Year-over-Year Comparison

	2023	2022	Change
Revenue	$501,935	$136,843	+2.7%
Expenses	$254,949	$94,414	+1.7%
Net Income	$246,986	$42,429	+4.8%

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

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

$18,525

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Giffin	Executive Director	20	Key Emp Highest	$0	$0	$18,525
Tim Schorn	President	5	Officer Director	$0	$0	$0
Elizabeth Frankin	Vice President	3	Officer Director	$0	$0	$0
Andy Schulz	Treasurer	5	Officer Director	$0	$0	$0
Melissa Berninger	Secretary	2	Officer Director	$0	$0	$0
Dan Mourlam	Past President	2	Director	$0	$0	$0
Joanne Ustad	Director	1	Director	$0	$0	$0
Chuck Lubbers	Director	1	Director	$0	$0	$0
Sarah Wittmuss	Director	1	Director	$0	$0	$0
Susan Hackemar	Director	1	Director	$0	$0	$0
Katharina Wymar	Past-President	1	Director	$0	$0	$0
Catherine Johnson	Former Director	1	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	No data	No data	No data	No data
2023	$501,935	$254,949	$1,118,000	$246,986
2022	$136,843	$94,414	$871,074	$42,429
2021	$608,494	$55,205	$828,645	$553,289

VERMILLION PUBLIC SCHOOLS FOUNDATION