Cleveland County Schools Educational Foundation Inc (EIN 561491775) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

James R Davis

Phone

7044768048

Tax Period

2023-07-01 to 2024-06-30

Cleveland County Schools Educational Foundation Inc, founded in 1985, is a small nonprofit that reported $444K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $154K, a strong 35% operating margin.

Mission

To provide scholarships to students of Cleveland County Schools

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $437,789

Investment Income $6,221

Other Revenue $0

TOTAL REVENUE $444,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $20,037

Program Expenses $283,748

Other Expenses $289,966

TOTAL EXPENSES $289,966

Year-over-Year Comparison

	2023	2022	Change
Revenue	$444,010	$311,857	+0.4%
Expenses	$289,966	$318,749	-0.1%
Net Income	$154,044	$-6,892	-23.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
James R Davis	President	005.00	Officer	$0	$0	$0
Dr Stephen Fisher	Secretary	005.00	Officer	$0	$0	$0
Robert McDaniel	Treasurer	005.00	Officer	$0	$0	$0
Ben Cabaniss	Vice President	005.00	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	No data	No data	No data	No data
2024	$444,010	$289,966	$1,525,412	$154,044
2022	$430,307	$515,323	$1,344,528	$-85,016
2021	$180,551	$213,638	$1,186,168	$-33,087

Cleveland County Schools Educational Foundation Inc