CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION (EIN 561421977) - 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

1983

Legal Domicile

Principal Officer

MADELINE BLOBE

Phone

9196988000

Tax Period

2024-07-01 to 2025-06-30

CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION, founded in 1983, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $453K, a strong 26% operating margin.

Mission

AS A CHAMPION FOR PUBLIC EDUCATION, THE CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION PROVIDES ADDITIONAL FUNDING TO SUPPORT TEACHER AND STUDENTS INCLUDING GRANTS TO SUPPORT INNOVATIVE IDEAS, FUNDING FOR EQUITABLE OPPORTUNITIES, AND AWARDS FOR EXCELLENCE IN TEACHING.

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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 $1,521,279

Program Service Revenue $0

Investment Income $253,915

Other Revenue $-35,776

TOTAL REVENUE $1,739,418

Expense Breakdown

Grants Paid $1,012,710

Salaries & Benefits $218,104

Fundraising Expenses $45,972

Program Expenses $1,150,550

Other Expenses $55,606

TOTAL EXPENSES $1,286,420

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,739,418	$1,072,441	+0.6%
Expenses	$1,286,420	$769,195	+0.7%
Net Income	$452,998	$303,246	+0.5%

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

175

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

$77,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMARA RICE	PRESIDENT	2.00	Officer Director	$0	$0	$0
KATHERINE BLASS ASARO	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CEDRIC BUSH	SECRETARY	0.50	Officer Director	$0	$0	$0
GLEN GREENSTREET	TREASURER	0.50	Officer Director	$0	$0	$0
TAMMY LEMOINE	PAST PRESIDENT	1.00	Director	$0	$0	$0
GEORGE GRIFFIN	BOARD OF EDUCATION LIAISON	0.50	Director	$0	$0	$0
SHERENE BITAR	BOARD MEMBER	0.50	Director	$0	$0	$0
GEORGES CASIMIR	BOARD MEMBER	0.50	Director	$0	$0	$0
NIK GANDHI	BOARD MEMBER	0.50	Director	$0	$0	$0
SHELLEY GOLDEN PHD	BOARD MEMBER	0.50	Director	$0	$0	$0
HAZEL GIBBS	BOARD MEMBER	0.50	Director	$0	$0	$0
LAURA HORRIGAN	BOARD MEMBER	0.50	Director	$0	$0	$0
JIM KITCHEN	BOARD MEMBER	0.50	Director	$0	$0	$0
BRIAN MACK	BOARD MEMBER	0.50	Director	$0	$0	$0
DENNY MARCIN	BOARD MEMBER	0.50	Director	$0	$0	$0
MAE MCLENDON	BOARD MEMBER	0.50	Director	$0	$0	$0
CASSIE RICE	BOARD MEMBER	0.50	Director	$0	$0	$0
MATTHEW ROTHMAN	BOARD MEMBER	0.50	Director	$0	$0	$0
SOFIA SCHILO	BOARD MEMBER	0.50	Director	$0	$0	$0
KENDALL THOMASON	BOARD MEMBER	0.50	Director	$0	$0	$0
ASHLEY WILSON	BOARD MEMBER	0.50	Director	$0	$0	$0
STEPHANIE YOST	BOARD MEMBER	0.50	Director	$0	$0	$0
MADELINE BLOBE	EXECUTIVE DIRECTOR	40.00	Officer	$77,800	$0	$77,800

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	$1,739,418	$1,286,420	$5,500,202	$452,998
2024	$1,072,441	$769,195	$5,119,249	$303,246
2023	$1,378,755	$705,419	$4,460,022	$673,336
2022	$690,793	$505,735	$3,253,653	$185,058
2021	$1,092,738	$955,984	$4,078,348	$136,754
2020	$965,019	$642,567	$4,342,376	$322,452
2019	$785,073	$592,563	$2,731,772	$192,510

CHAPEL HILL-CARRBORO PUBLIC SCHOOL FOUNDATION