THE DAVIDSON COUNTY EDUCATION FOUNDATION INC (EIN 582008178) - 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

1991

Principal Officer

MARGARET KING

Phone

3369050976

Tax Period

2022-07-01 to 2023-06-30

THE DAVIDSON COUNTY EDUCATION FOUNDATION INC, founded in 1991, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $64K in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $31K, a strong 49% operating margin.

Mission

THE DAVIDSON COUNTY EDUCATION FOUNDATION IS A NON-PROFIT, VOLUNTEER ORGANIZATION DEDICATED TO THE ENRICHMENT OF THE EDUCATIONAL OPPORTUNITIES IN DAVIDSON COUNTY. OUR MISSION IS TO PROVIDE AND SUPPORT INNOVATIVE PROGRAMS THAT BENEFIT THE STUDENTS OF DAVIDSON COUNTY.

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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 (2022)

Revenue Breakdown

Contributions & Grants $44,752

Program Service Revenue $5,580

Investment Income $13,401

Other Revenue $0

TOTAL REVENUE $63,733

Expense Breakdown

Grants Paid $5,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,687

Other Expenses $26,887

TOTAL EXPENSES $32,687

Year-over-Year Comparison

	2022	2021	Change
Revenue	$63,733	$71,253	-0.1%
Expenses	$32,687	$142,464	-0.8%
Net Income	$31,046	$-71,211	-1.4%

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

$5,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA KOONTS	ADMIN. DIREC	2.00	Officer	$5,800	$0	$5,800
MARGARET KING	PRESIDENT	N/A	Officer	$0	$0	$0
TERESA HUFFMAN	VICE-PRESIDE	N/A	Officer	$0	$0	$0
KATHY OLIVER	SECRETARY	N/A	Officer	$0	$0	$0
TEDMAN MYERS	CO-TREASURER	N/A	Officer	$0	$0	$0
KATHY KOONTS	CO-TREASURER	N/A	Officer	$0	$0	$0
JOHNATHAN BROWN	DIRECTOR	N/A	Director	$0	$0	$0
CARLA CARRICK	DIRECTOR	N/A	Director	$0	$0	$0
ALAN FRADY	DIRECTOR	N/A	Director	$0	$0	$0
BRAD GRIMES	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANIE HALL	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN HUNEYCUTT	DIRECTOR	N/A	Director	$0	$0	$0
MARK HUTSON	DIRECTOR	N/A	Director	$0	$0	$0
LINDA MCKAY	DIRECTOR	N/A	Director	$0	$0	$0
JEAN MORRISON	DIRECTOR	N/A	Director	$0	$0	$0
RANDALL PARKS	DIRECTOR	N/A	Director	$0	$0	$0
LONDA PICKET	DIRECTOR	N/A	Director	$0	$0	$0
TONYA RAGAN	DIRECTOR	N/A	Director	$0	$0	$0
KIMBERLY THOMPSON	DIRECTOR	N/A	Director	$0	$0	$0
DAN TRICARICO	DIRECTOR	N/A	Director	$0	$0	$0
DR EMILY LIPE	EX-OFFICIO M	N/A	Director	$0	$0	$0
ALAN BECK	EX-OFFICIO M	N/A	Director	$0	$0	$0
TAMERA HOLCOMB	EX-OFFICO ME	N/A	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	$63,733	$32,687	$640,683	$31,046
2022	$71,253	$142,464	$596,384	$-71,211
2021	$109,310	$74,213	$667,595	$35,097
2020	$128,123	$20,179	$632,498	$107,944
2019	$62,449	$56,326	$524,554	$6,123
2018	$71,914	$52,314	$518,431	$19,600

THE DAVIDSON COUNTY EDUCATION FOUNDATION INC