OCEAN PALMS ELEMENTARY SCHOOL PARE… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

KARA LENZ

Phone

9045473760

Tax Period

2024-08-01 to 2025-07-31

OCEAN PALMS ELEMENTARY SCHOOL PARENT TEACHER ORGANIZATION, founded in 1996, is a small nonprofit in the Education sector that reported $104K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $149K exceeded revenue, resulting in a 44% operating deficit.

Mission

THE OBJECTIVES OF THIS ORGANIZATION ARE TO PROMOTE THE WELFARE OF CHILDREN IN HOME, SCHOOL, AND COMMUNITY AND BRING INTO CLOSER RELATION THE HOME AND THE SCHOOL, THAT PARENTS AND TEACHERS MAY COOPERATE IN THE EDUCATION OF CHILDREN. WE ORGANIZE THE PARENTS, TEACHERS, AND COMMUNITY FOR THE PURPOSE OF RAISING MONEY FOR PROJECTS THAT THE PTO AND OCEAN PALMS ELEMENTARY SCHOOL (OPES) DEEM NECESSARY FOR IMPROVING OPES.

Program Service Accomplishments

Program 1

Revenue: $25,060

MEMBERSHIP DUES

Program 2

Expenses: $149,348

TEACHER ASSISTANCE

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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 $25,060

Program Service Revenue $0

Investment Income $1,700

Other Revenue $76,961

TOTAL REVENUE $103,721

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,348

Other Expenses $149,348

TOTAL EXPENSES $149,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$103,721	$195,872	-0.5%
Expenses	$149,348	$133,297	+0.1%
Net Income	$-45,627	$62,575	-1.7%

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

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

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
SIERRA BOYCE	PRESIDENT	20.00	Officer Director	$0	$0	$0
CARYN DREW	VICE PRESIDENT	10.00	Director	$0	$0	$0
KARA LENZ	TREASURER	5.00	Director	$0	$0	$0
CORINNE GRECO-YANO	CO-TREASURER	2.00	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
2025	$103,721	$149,348	$126,516	$-45,627
2024	$195,872	$133,297	$172,143	$62,575
2023	$159,632	$263,574	$90,632	$-103,942
2022	$221,721	$119,441	$194,574	$102,280
2021	$119,162	$78,600	$92,294	$40,562
2020	$114,573	$139,669	$51,731	$-25,096
2019	$146,496	$173,497	$76,827	$-27,001
2018	$221,903	$162,356	$103,828	$59,547

OCEAN PALMS ELEMENTARY SCHOOL PARENT TEACHER ORGANIZATION