THE FOUNDATION FOR EXCELLENCE OWENSBORO INDEPENDENT SCHOOLS (EIN 611349137) - 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

1998

Legal Domicile

Principal Officer

DION MOORMAN

Phone

2706861000

Tax Period

2023-01-01 to 2023-12-31

THE FOUNDATION FOR EXCELLENCE OWENSBORO INDEPENDENT SCHOOLS, founded in 1998, is a small nonprofit in the Education sector that reported $270K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 19% operating margin.

Mission

TO HELP STUDENTS ACHIEVE EXCELLENCE IN ALL AREAS OF LIFE THROUGH SCHOLARSHIPS, GRANTS, AND OTHER 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 (2023)

Revenue Breakdown

Contributions & Grants $224,361

Program Service Revenue $0

Investment Income $45,917

Other Revenue $0

TOTAL REVENUE $270,278

Expense Breakdown

Grants Paid $180,613

Salaries & Benefits $0

Fundraising Expenses $227

Program Expenses $180,613

Other Expenses $38,277

TOTAL EXPENSES $218,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$270,278	$216,061	+0.3%
Expenses	$218,890	$219,933	0.0%
Net Income	$51,388	$-3,872	-14.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DION MOORMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDY JOHNSON	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
DR TOM MADDOX JR	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA DECKER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
DR MIKE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
JOSH KELLY	DIRECTOR	1.00	Director	$0	$0	$0
JULIA KIMBRELL	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KIRK	DIRECTOR	1.00	Director	$0	$0	$0
ANNE LEAZENBY	DIRECTOR	1.00	Director	$0	$0	$0
FORREST ROBERTS	DIRECTOR	1.00	Director	$0	$0	$0
JANET SUWANSKI	DIRECTOR	1.00	Director	$0	$0	$0
MINGA TROGDLEN	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER LUTTRELL	EX-OFFICIO BOARD MEMBER	1.00	Director	$0	$0	$0
ANITA BURNETTE	EX-OFFICIO BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS GADDIS	EXECUTIVE DIRECTOR	1.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$270,278	$218,890	$1,015,787	$51,388
2022	$216,061	$219,933	$892,784	$-3,872
2021	$212,837	$169,018	$1,023,973	$43,819
2020	$582,687	$136,540	$943,287	$446,147
2019	$365,336	$389,240	$435,620	$-23,904
2018	$322,912	$122,751	$429,093	$200,161

THE FOUNDATION FOR EXCELLENCE OWENSBORO INDEPENDENT SCHOOLS