PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC (EIN 592949915) - 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

1988

Legal Domicile

Principal Officer

MEGHAN MAGAMOLL

Phone

3526714167

Tax Period

2024-07-01 to 2025-06-30

PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC, founded in 1988, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 5% surplus.

Mission

TO FINANCIALLY AND MATERIALLY SUPPORT MARION COUNTY PUBLIC SCHOOLS, ITS STUDENTS AND TEACHERS. THIS IS DONE BY FOCUSING COMMUNITY INTEREST ON PUBLIC EDUCATION; INITIATING SUPPORT AND UNDERWRITING PROJECTS AND PROGRAMS THAT BENEFIT STUDENTS, TEACHERS, ADMINISTRATORS, AND MARION COUNTY PUBLIC SCHOOLS.

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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 $2,199,518

Program Service Revenue $0

Investment Income $45,208

Other Revenue $319

TOTAL REVENUE $2,245,045

Expense Breakdown

Grants Paid $1,023,374

Salaries & Benefits $596,365

Fundraising Expenses $82,257

Program Expenses $1,667,390

Other Expenses $514,363

TOTAL EXPENSES $2,134,102

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,245,045	$2,241,599	+0.0%
Expenses	$2,134,102	$2,506,644	-0.1%
Net Income	$110,943	$-265,045	-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

Volunteers

265

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

$106,209

Total Directors

$882,763

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN CHRISTIAN	BOARD MEMBER	0.95	Director	$0	$29,677	$144,492
GINGER CRUZE	BOARD MEMBER	0.30	Director	$0	$24,670	$145,666
MELISSA CONNER	BOARD MEMBER	1.05	Director	$0	$24,368	$143,150
CASEY GRIFFITH	BOARD MEMBER	0.05	Director	$0	$0	$0
DR DIANE GULLETT	BOARD MEMBER	0.15	Director	$0	$49,003	$305,606
WILLIAM HARRIS	BOARD MEMBER	0.02	Director	$0	$0	$0
KAREN HATCH	TREASURER	1.45	Officer Director	$0	$0	$0
JENNIFER HATCHETT	BOARD MEMBER	1.85	Director	$0	$0	$0
MICHAEL MILLS	BOARD MEMBER	1.25	Director	$0	$0	$0
MEL POOLE	PRESIDENT	0.82	Officer Director	$0	$0	$0
CHERI POTTER	BOARD MEMBER	0.89	Director	$0	$0	$0
GAY STREET	BOARD MEMBER	0.45	Director	$0	$24,429	$143,849
JOHN WEST	BOARD MEMBER	0.01	Director	$0	$0	$0
DR LAUREN CARTWRIGHT	BOARD MEMBER	0.25	Director	$0	$0	$0
JOHN D CERVELLERA	BOARD MEMBER	0.35	Director	$0	$0	$0
TODD DUFFY	BOARD MEMBER	0.12	Director	$0	$0	$0
DON UMPLEBY	BOARD MEMBER	0.05	Director	$0	$0	$0
CHRIS YANCEY	BOARD MEMBER	0.65	Director	$0	$0	$0
DONNA CRESS	BOARD MEMBER	0.17	Director	$0	$0	$0
DEAN BLINKHORN	BOARD MEMBER- FR 7/1	0.55	Director	$0	$0	$0
DR CHARLES MCINTOSH	BOARD MEMBER- FR 7/1	0.13	Director	$0	$0	$0
JULIE SHEALY	BOARD MEMBER- FR 7/1	0.88	Director	$0	$0	$0
CINDY HARPER	BOARD MEMBER- FR 7/1	0.23	Director	$0	$0	$0
MEGHAN MAGAMOLL	EXECUTIVE DIRECTOR	40.00	Officer	$16,000	$11,996	$106,209

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	$2,245,045	$2,134,102	$4,233,757	$110,943
2024	$2,241,599	$2,506,644	$4,045,905	$-265,045
2023	$2,309,052	$1,862,359	$4,222,267	$446,693
2022	$2,235,656	$1,871,846	$3,741,545	$363,810
2021	$1,785,372	$1,745,099	$3,498,766	$40,273
2020	$1,916,196	$1,733,421	$3,285,010	$182,775
2019	$1,710,377	$1,923,643	$3,409,001	$-213,266
2018	$1,821,360	$2,201,835	$3,332,474	$-380,475

PUBLIC EDUCATION FOUNDATION OF MARION COUNTY INC