CARTERSVILLE SCHOOLS FOUNDATION INC

EIN: 582622779 501(c)(3) Education

Cartersville, GA

Total Revenue
$410,153
Total Expenses
$268,787
Total Assets
$2,497,379
Net Assets
$2,497,379
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
GA
Principal Officer
Lisa Bell
Phone
7703874710
Tax Period
2024-07-01 to 2025-06-30

CARTERSVILLE SCHOOLS FOUNDATION INC, founded in 1995, is a small nonprofit in the Education sector that reported $410K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $141K, a strong 34% operating margin.

Mission

Provide support to students and staff of the Cartersville City School System to enhance the educational experience. Provide needs-based college scholarships to selected students of Cartersville High School.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $166,857
Program Service Revenue $0
Investment Income $51,161
Other Revenue $192,135
TOTAL REVENUE $410,153

Expense Breakdown

Grants Paid $126,246
Salaries & Benefits $0
Fundraising Expenses $12,685
Program Expenses $240,727
Other Expenses $142,541
TOTAL EXPENSES $268,787

Year-over-Year Comparison

2024 2023 Change
Revenue $410,153 $329,075 +0.2%
Expenses $268,787 $244,995 +0.1%
Net Income $141,366 $84,080 +0.7%
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

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Liquidity & Cash Position

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

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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
2

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
1
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jimmy Cline Board Member 0
Director
$0 $0 $0
Luke Daniel Board Member 0
Director
$0 $0 $0
Kelley Dial Board Member 0
Director
$0 $0 $0
Danny Gilreath Board Member 0
Director
$0 $0 $0
Beth Glover Board Member 1
Director
$0 $0 $0
Glenn Jordan Board Member 0
Director
$0 $0 $0
Jennifer Wiggins Matthews Board Member 0
Director
$0 $0 $0
Erika Riddle Board Member 0
Director
$0 $0 $0
Samir Patel Board Member 0
Director
$0 $0 $0
Jason Shaw Board Member 0
Director
$0 $0 $0
Marty Sonenshine Board Member 0
Director
$0 $0 $0
Jake Tripp Board Member 0
Director
$0 $0 $0
Paula Womack Board Member 0
Director
$0 $0 $0
Marc Feuerbach Board Officer 0
Director
$0 $0 $0
Jay Choate Chairman 0
Director
$0 $0 $0
Audrey Andersen Vice Chair/Secretary 0
Director
$0 $0 $0
Barry Justus Treasurer 0
Director
$0 $0 $0
Lisa Bell President 40
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 $410,153 $268,787 $2,497,379 $141,366
2024 $329,075 $244,995 $2,356,013 $84,080
2023 $444,074 $259,592 $2,271,933 $184,482
2022 $398,914 $166,633 $2,087,141 $232,281
2021 $202,361 $174,720 $1,828,632 $27,641
2020 $245,002 $182,729 $1,593,238 $62,273
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