Farragut High School Education Foundation (EIN 621583230) - 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

1994

Legal Domicile

Principal Officer

Christi King

Phone

8659669775

Tax Period

2024-07-01 to 2025-06-30

Farragut High School Education Foundation, founded in 1994, is a micro nonprofit in the Education sector that reported $65K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $60K left a modest 7% surplus.

Mission

Gifts to Farragut High School to enrich the education of the high school students

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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 $77,826

Program Service Revenue $0

Investment Income $457

Other Revenue $-13,509

TOTAL REVENUE $64,774

Expense Breakdown

Grants Paid $59,660

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,660

Other Expenses $690

TOTAL EXPENSES $60,350

Year-over-Year Comparison

	2024	2023	Change
Revenue	$64,774	$69,438	-0.1%
Expenses	$60,350	$70,144	-0.1%
Net Income	$4,424	$-706	-7.3%

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

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	Reportable Comp	Other Comp	Total
Stan Duke	Director at large	N/A	$0	$0	$0
Ashley Alexander	Director at large	N/A	$0	$0	$0
Eric Whitener	Vice President	N/A	$0	$0	$0
Christi King	Treasurer	N/A	$0	$0	$0
Toni Scott	President	N/A	$0	$0	$0
Michelle Hollenhead	Secretary	N/A	$0	$0	$0
Kelly Hasan	Director at large	N/A	$0	$0	$0
Gene Perkins	Director at large	N/A	$0	$0	$0
Dave Stinton	Director at large	N/A	$0	$0	$0
Eddie Courtney	Director at large	N/A	$0	$0	$0
Drew Burnette	TOF Liason	N/A	$0	$0	$0
Joey Sauls	Director at large	N/A	$0	$0	$0
Pat Scott	Director at large	N/A	$0	$0	$0
Wendy Stiles	Director at large	N/A	$0	$0	$0
Ashley Swor	Director at large	N/A	$0	$0	$0
Jennifer Vanderink	Director at large	N/A	$0	$0	$0
Derek Wright	Director at large	N/A	$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	$64,774	$60,350	$50,956	$4,424
2024	$69,438	$70,144	$46,533	$-706
2023	$57,695	$54,870	$47,238	$2,825
2022	$68,609	$65,846	$44,413	$2,763
2021	$71,545	$69,303	$41,650	$2,242

Farragut High School Education Foundation