FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC (EIN 562648081) - 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

2007

Legal Domicile

Principal Officer

PAUL LOONEY

Phone

5028758661

Tax Period

2020-07-01 to 2021-06-30

FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC, founded in 2007, is a micro nonprofit in the Education sector that reported $68K in total revenue in fiscal year 2020. The organization ran a surplus of $55K, a strong 81% operating margin.

Mission

SOLICIATION, COLLECTION, MANAGEMENT AND DISTRIBUTION OF FUNDS TO SUPPORT FACILITIES, PROGRAMS AND STUDENTS OF THE FRANKFORT INDEPENDENT SCHOOL DISTRICT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $67,583

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $67,583

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,791

Other Expenses $12,678

TOTAL EXPENSES $12,678

Year-over-Year Comparison

	2020	2019	Change
Revenue	$67,583	$69,211	0.0%
Expenses	$12,678	$18,369	-0.3%
Net Income	$54,905	$50,842	+0.1%

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

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
FREIDA HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
BILL RODGERS	BOARD MEMBER	1.00	Director	$0	$0	$0
SHEILA MASON BURTON	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHRYN MITCHELL	BOARD MEMBER	1.00	Director	$0	$0	$0
PAUL LOONEY	Chairman	1.00	Officer	$0	$0	$0
STEVE BROOKS	Secretary	1.00	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
2024	No data	No data	No data	No data
2021	$67,583	$12,678	$317,917	$54,905
2020	$69,211	$18,369	$263,012	$50,842
2019	$265,973	$65,763	$212,170	$200,210

FRANKFORT INDEPENDENT SCHOOLS EDUCATION FOUNDATION INC