MANATEE EDUCATION FOUNDATION INC (EIN 650037457) - 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

1987

Legal Domicile

Principal Officer

MARY GLASS

Phone

9412514937

Tax Period

2022-07-01 to 2023-06-30

MANATEE EDUCATION FOUNDATION INC, founded in 1987, is a small nonprofit that reported $837K in total revenue in fiscal year 2022. Expenses of $974K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE MANATEE EDUCATION FOUNDATION IS TO PROVIDE FUNDING FOR INNOVATIVE PROGRAMS AND ENHANCE EDUCATIONAL OPPOTUNITIES FOR TEACHERS AND STUDENTS OF MANTEE COUNTY PUBLIC SCHOOLS BEYOND STATE FUNDING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $638,057

Program Service Revenue $0

Investment Income $49,070

Other Revenue $149,975

TOTAL REVENUE $837,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $207,889

Fundraising Expenses $74,599

Program Expenses $755,541

Other Expenses $766,435

TOTAL EXPENSES $974,324

Year-over-Year Comparison

	2022	2021	Change
Revenue	$837,102	$815,733	+0.0%
Expenses	$974,324	$694,477	+0.4%
Net Income	$-137,222	$121,256	-2.1%

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

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
Nathan Carr	Chair	2.00	Officer Director	$0	$0	$0
Ross Hodges	Vice-Chair	2.00	Officer Director	$0	$0	$0
Mary Glass	Executive Director	40.00	Key Emp	$0	$0	$0
Linda Locke Agresta	Director	2.00	Director	$0	$0	$0
Jackie Barron	Director	2.00	Director	$0	$0	$0
Chad Choate	Director	2.00		$0	$0	$0
Mark Freeman	Director	2.00		$0	$0	$0
Samantha Cummins	Director	2.00		$0	$0	$0
Vernon DeSear	Director	2.00		$0	$0	$0
Brandon Fetzek	Director	2.00		$0	$0	$0
Chuck Johnson	Director	2.00		$0	$0	$0
Bob Gause	Director	2.00		$0	$0	$0
Darrell King	Director	2.00		$0	$0	$0
TJ Kornett	Director	2.00		$0	$0	$0
Stuart Henderson	Director	2.00		$0	$0	$0
Zachery McClary	Director	2.00		$0	$0	$0
Jeff Podobnik	Director	2.00		$0	$0	$0
Cynthia Saunders	Director	2.00		$0	$0	$0
Warren Simonds	Director	2.00		$0	$0	$0
Robin Thompson	Director	2.00		$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	$837,102	$974,324	$1,077,611	$-137,222
2022	$815,733	$694,477	$1,210,461	$121,256
2021	$1,009,208	$884,150	$1,113,664	$125,058
2020	$615,239	$850,212	$1,263,384	$-234,973
2019	$875,401	$788,496	$1,156,927	$86,905
2018	$746,255	$663,728	$1,045,141	$82,527

MANATEE EDUCATION FOUNDATION INC