MONROE COUNTY EDUCATION FOUNDATION INC (EIN 550784287) - 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

2001

Legal Domicile

Principal Officer

LAURA S RICE

Phone

3046462423

Tax Period

2024-07-01 to 2025-06-30

MONROE COUNTY EDUCATION FOUNDATION INC, founded in 2001, is a micro nonprofit in the Recreation & Sports sector that reported $78K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $25K, a strong 32% operating margin.

Mission

Provide Scholarships for Higher Education

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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 $56,481

Program Service Revenue $0

Investment Income $21,550

Other Revenue $0

TOTAL REVENUE $78,031

Expense Breakdown

Grants Paid $21,900

Salaries & Benefits $22,550

Fundraising Expenses $5,644

Program Expenses $42,465

Other Expenses $8,537

TOTAL EXPENSES $52,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,031	$67,131	+0.2%
Expenses	$52,987	$45,767	+0.2%
Net Income	$25,044	$21,364	+0.2%

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

$22,550

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA RICE	ADMINISTRATOR	30	Key Emp	$22,550	$0	$22,550
JOHN TERRY	DIRECTOR	2	Director	$0	$0	$0
BRAD SIBOLD	DIRECTOR	2	Director	$0	$0	$0
STEVE NEWBERRY	DIRECTOR	2	Director	$0	$0	$0
PHILLIP SHREWSBURY	DIRECTOR	2	Director	$0	$0	$0
LORI HIGGINBOTHAM	TREASURER	4	Director	$0	$0	$0
DR LYN GUY	DIRECTOR	2	Director	$0	$0	$0
NEIL DUNLAP	DIRECTOR	2.00	Director	$0	$0	$0
LETA COMER	PRESIDENT	4	Officer	$0	$0	$0
DR MARK KILCOLLIN	VICE-PRESIDENT	4	Officer	$0	$0	$0
CAROLINE SPARKS	SECRETARY	4	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	$78,031	$52,987	$1,068,500	$25,044
2024	$67,131	$45,767	$936,893	$21,364
2023	$133,506	$35,588	$828,722	$97,918
2022	$59,573	$27,979	$680,139	$31,594
2021	$195,023	$27,561	$725,436	$167,462

MONROE COUNTY EDUCATION FOUNDATION INC