SPIRO SCHOOL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC

EIN: 731378896 501(c)(3) Education

SPIRO, OK

Total Revenue
$341,124
Total Expenses
$45,997
Total Assets
$1,799,853
Net Assets
$1,516,613
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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
1991
Legal Domicile
OK
Phone
9189622401
Tax Period
2023-01-01 to 2023-12-31

SPIRO SCHOOL FOUNDATION FOR EDUCATIONAL EXCELLENCE INC, founded in 1991, is a small nonprofit in the Education sector that reported $341K in total revenue in fiscal year 2023. Revenue surged 220% from the prior year, signaling strong growth momentum. The organization ran a surplus of $295K, a strong 87% operating margin.

Mission

The Spiro School Foundation for Excellence in Education is committed to advancing the educational goals and opportunities of Spiro Public Schools, a vital institution serving approximately 1,000 students across grades K-12 in Spiro, Oklahoma. In our pursuit of public support, the foundation engages in a multifaceted approach aimed at fostering a sense of community and inclusivity.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $309,087
Program Service Revenue $0
Investment Income $31,319
Other Revenue $718
TOTAL REVENUE $341,124

Expense Breakdown

Grants Paid $36,032
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,805
Other Expenses $9,965
TOTAL EXPENSES $45,997

Year-over-Year Comparison

2023 2022 Change
Revenue $341,124 $106,480 +2.2%
Expenses $45,997 $42,218 +0.1%
Net Income $295,127 $64,262 +3.6%
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

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Governance

Voting Members
12
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
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GARON MCCLURE President 0.00
Director
$0 $0 $0
BRADLEY DEDMON Vice President 0.00
Director
$0 $0 $0
NICHOLAS GRANT Secretary 0.00
Director
$0 $0 $0
BRIAN BROOKS Trustee 0.00
Director
$0 $0 $0
KEIFER FISHER Trustee 0.00
Director
$0 $0 $0
MELANIE LAWSON Trustee 0.00
Director
$0 $0 $0
DEBBIE BARRETT Trustee 0.00
Director
$0 $0 $0
SARAH BRIDGES Trustee 0.00
Director
$0 $0 $0
TRUDY MCKINNEY Trustee 0.00
Director
$0 $0 $0
KAREN LAWSON Trustee 0.00
Director
$0 $0 $0
SAMANTHA GILLESPIE Trustee 0.00
Director
$0 $0 $0
MEGAN LOGGAINS Trustee 0.00
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
2024 No data No data No data No data
2023 $341,124 $45,997 $1,799,853 $295,127
2022 $106,480 $42,218 $1,296,376 $64,262
2021 $33,769 $53,841 $1,461,134 $-20,072
2020 $37,116 $43,116 $1,288,377 $-6,000
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