SCHOOL DISTRICT 12 EDUCATION FOUNDATION (EIN 742401659) - 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

1985

Legal Domicile

Principal Officer

SHANNON HANCOCK

Phone

7209724342

Tax Period

2024-01-01 to 2024-12-31

SCHOOL DISTRICT 12 EDUCATION FOUNDATION, founded in 1985, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 45% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 26% operating deficit.

Mission

THE ADAMS 12 FIVE STAR SCHOOLS EDUCATION FOUNDATION CONTRIBUTES TO THE IMPROVEMENT OF THE OVERALL QUALITY OF LIFE IN OUR COMMUNITY THROUGH INVESTMENTS IN EDUCATIONAL SERVICES OF THE STUDENTS OF ADAMS COUNTY SCHOOL DISTRICT 12.

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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 $1,386,840

Program Service Revenue $0

Investment Income $47,695

Other Revenue $-58,922

TOTAL REVENUE $1,375,613

Expense Breakdown

Grants Paid $921,163

Salaries & Benefits $440,164

Fundraising Expenses $224,664

Program Expenses $1,330,708

Other Expenses $366,865

TOTAL EXPENSES $1,728,192

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,375,613	$2,510,547	-0.5%
Expenses	$1,728,192	$2,361,421	-0.3%
Net Income	$-352,579	$149,126	-3.4%

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
ADAM INGERSOLL	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
LATRICE BREWSTER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
MIKE BEASLEY	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
WES PARHAM	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JOHN HERRERA	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
DAVID FLAHERTY	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ALEJANDRA MONTES	TREASURER	2.00	Officer Director	$0	$0	$0
JERRY GLUNZ	SECRETARY	1.00	Officer Director	$0	$0	$0
JILLIAN SCIACCA	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
CARRIE GODDARD	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
AMY DINIES HALTER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
BRYAN BECKER	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
ANN HOGAN	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JAY LOPEZ	BOARD OF DIRECTORS	1.00	Director	$0	$0	$0
JUAN EVANS	BOARD OF DIRECTORS	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
2024	$1,375,613	$1,728,192	$1,444,559	$-352,579
2023	$2,510,547	$2,361,421	$1,772,514	$149,126
2022	$1,689,874	$1,272,370	$1,902,259	$417,504
2021	$714,896	$538,692	$1,148,021	$176,204
2020	$1,359,453	$1,286,541	$887,698	$72,912
2019	$494,477	$449,504	$762,691	$44,973
2018	$441,138	$383,501	$695,188	$57,637

SCHOOL DISTRICT 12 EDUCATION FOUNDATION