GRASSLAND SCHOOL COMMUNITY ASSOCIA… - 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

1978

Legal Domicile

Principal Officer

RANEY CRONIN

Phone

6159692469

Tax Period

2024-07-01 to 2025-06-30

GRASSLAND SCHOOL COMMUNITY ASSOCIATION, founded in 1978, is a small nonprofit in the Education sector that reported $132K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $21K, a strong 16% operating margin.

Mission

TO RAISE FUNDS FOR SUPPORT OF ACADEMIC AND EDUCATIONAL ENRICHMENT ACTIVITIES AT GRASSLAND COMMUNITY SCHOOL IN BRENTWOOD, TENNESSEE.

Program Service Accomplishments

Program 1

Expenses: $29,628

GENERAL CLASSROOM IMPROVEMENTS THROUGH GRASSLAND ELEMENTARY SCHOOL CAMPUS.

Program 2

Expenses: $10,399

DIRECT ACADEMIC PROGRAM SUPPORT

Program 3

Expenses: $16,229

STAFF AND PARENT ON-CAMPUS EVENTS

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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 $130,079

Program Service Revenue $0

Investment Income $0

Other Revenue $2,306

TOTAL REVENUE $132,385

Expense Breakdown

Grants Paid $79,099

Salaries & Benefits $0

Fundraising Expenses $29,749

Program Expenses $56,256

Other Expenses $32,560

TOTAL EXPENSES $111,659

Year-over-Year Comparison

	2024	2023	Change
Revenue	$132,385	$121,528	+0.1%
Expenses	$111,659	$108,720	+0.0%
Net Income	$20,726	$12,808	+0.6%

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

N/A

Independent Members

N/A

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	Role	Reportable Comp	Other Comp	Total
ELIZABETH KEPLEY	PRESIDENT	Officer	$0	$0	$0
CAROLYN CONOVER	TREASURER	Officer	$0	$0	$0
REGINA BERRELL	SECRETARY	Officer	$0	$0	$0
LYNN SANDSTROM	2ND VP	Officer	$0	$0	$0
CIARA MEYERS	EXECUTIVE VP	Officer	$0	$0	$0
HOLLY CARTER	FIRST VP	Officer	$0	$0	$0
JENNIFER K STYLL	COMMUNITY LIASON	Officer	$0	$0	$0
LEAH POWERS	RECORDING SECRETARY	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	$132,385	$111,659	$128,022	$20,726
2024	$121,528	$108,720	$109,096	$12,808
2023	$127,145	$100,216	$96,052	$26,929
2022	$110,087	$105,104	$74,135	$4,983
2021	$54,236	$68,542	$69,152	$-14,306
2020	$119,994	$120,995	$83,458	$-1,001

GRASSLAND SCHOOL COMMUNITY ASSOCIATION