BAY EDUCATION FOUNDATION INC (EIN 592987826) - 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

1989

Legal Domicile

Principal Officer

TIM PRATHER

Phone

8507674111

Tax Period

2024-07-01 to 2025-06-30

BAY EDUCATION FOUNDATION INC, founded in 1989, is a small nonprofit that reported $709K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $798K exceeded revenue, resulting in a 13% operating deficit.

Mission

DEVELOP STUDENT POTENTIAL BY PROVIDING ENHANCED OPPORTUNITIES FOR A QUALITY EDUCATION AS WELL AS ENCOURAGE EMPLOYEES AND PROMOTE GREATER COMMUNITY INVOLVEMENT.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $587,917

Program Service Revenue $0

Investment Income $61,132

Other Revenue $59,704

TOTAL REVENUE $708,753

Expense Breakdown

Grants Paid $465,858

Salaries & Benefits $174,912

Fundraising Expenses $23,991

Program Expenses $706,939

Other Expenses $156,826

TOTAL EXPENSES $797,596

Year-over-Year Comparison

	2024	2023	Change
Revenue	$708,753	$1,134,938	-0.4%
Expenses	$797,596	$1,287,307	-0.4%
Net Income	$-88,843	$-152,369	-0.4%

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

Volunteers

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

$48,327

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM PRATHER	CHAIRMAN	0.50	Director	$0	$0	$0
LARA HERTER	VICE CHAIRMA	0.50	Director	$0	$0	$0
STEVEN CLEMENTS	TREASURER	5.00	Director	$0	$0	$0
SUZANNE REMEDIES	SECRETARY	0.50	Director	$0	$0	$0
TERRY BOOKER	BOARD MEMBER	0.20	Director	$0	$0	$0
SHANE BOYETT	BOARD MEMBER	0.20	Director	$0	$0	$0
BRANDI BRINKER	BOARD MEMBER	0.20	Director	$0	$0	$0
PAMM CHAPMAN	BOARD MEMBER	0.20	Director	$0	$0	$0
HOLLY FLEIGEL	BOARD MEMBER	0.20	Director	$0	$0	$0
DARREN HAIMAN	BOARD MEMBER	0.20	Director	$0	$0	$0
SHANI LEE	BOARD MEMBER	0.20	Director	$0	$0	$0
JESSICA LYNG	BOARD MEMBER	0.20	Director	$0	$0	$0
MIKE MCGUIRE	BOARD MEMBER	0.20	Director	$0	$0	$0
HARMONY NAGY	BOARD MEMBER	0.20	Director	$0	$0	$0
TODD NEVES	BOARD MEMBER	0.20	Director	$0	$0	$0
JENNIFER VIRGIL	BOARD MEMBER	0.20	Director	$0	$0	$0
JENNIFER WATSON	BOARD MEMBER	0.20	Director	$0	$0	$0
AARON WHITE	BOARD MEMBER	0.20	Director	$0	$0	$0
KELLY LANGENBERG	FORMER EXEC.	40.00	Director	$13,327	$0	$13,327
ANDREW TAYLOR	EXECTUVE DIR	40.00	Director	$35,000	$0	$35,000

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	$708,753	$797,596	$2,906,733	$-88,843
2024	$1,134,938	$1,287,307	$2,751,477	$-152,369
2023	$452,418	$602,381	$2,852,683	$-149,963
2022	$383,198	$515,920	$2,361,688	$-132,722
2021	$353,608	$594,714	$2,795,203	$-241,106
2020	$955,709	$822,035	$2,710,460	$133,674
2019	$2,147,043	$1,508,454	$3,845,631	$638,589
2018	$1,292,957	$4,449,270	$3,207,042	$-3,156,313

BAY EDUCATION FOUNDATION INC