CACHE EDUCATION FOUNDATION

EIN: 742540336 501(c)(3)

NORTH LOGAN, UT

Total Revenue
$1,936,168
Total Expenses
$1,625,189
Total Assets
$1,747,926
Net Assets
$1,744,845
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
UT
Principal Officer
JARED BLACK
Phone
4357523925
Tax Period
2024-07-01 to 2025-06-30

CACHE EDUCATION FOUNDATION, founded in 1988, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $311K, a strong 16% operating margin.

Mission

THE CACHE EDUCATION FOUNDATION EXISTS TO ASSIST THE CACHE COUNTY SCHOOL DISTRICT IN PROVIDING A QUALITY ENVIRONMENT FOR STUDENTS THAT SUPPORTS ACADEMIC ACHIEVEMENT THROUGH THE PROVIDENT USE OF FUNDS AND RESOURCES FROM THE COMMUNITY AND LOCAL BUSINESS MEMBERS.

Program Service Accomplishments

Program 1
Expenses: $1,510,537

CACHE EDUCATION FOUNDATION SUPPORTS THE CACHE COUNTY SCHOOL DISTRICT IN A VARIETY OF WAYS. THE FOUNDATION FUNDS VARIOUS SECONDARY SCHOOL PROGRAMS AND ACTIVITIES SUCH AS TECHNOLOGY AND ATHLETIC...

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CACHE EDUCATION FOUNDATION SUPPORTS THE CACHE COUNTY SCHOOL DISTRICT IN A VARIETY OF WAYS. THE FOUNDATION FUNDS VARIOUS SECONDARY SCHOOL PROGRAMS AND ACTIVITIES SUCH AS TECHNOLOGY AND ATHLETIC PROGRAMS, DEBATE, WE THE PEOPLE NATIONAL COMPETITION, BAND, ORCHESTRA, YOUNG WRITERS & ARTISTS FEST,AND VARIOUS OTHER NATIONAL COMPETITIONS. THE FOUNDATION PROVIDES OPPORTUNITIES FOR DISTRICT STUDENTS TO GROW THEIR TALENTS, EXPAND THEIR ABILITIES AND PURSUE ACTIVITIES WHICH MAY PROVIDE SCHOLARSHIP OPPORTUNITIES AND FUNDING FOR ADVANCED EDUCATION. CACHE EDUCATION FOUNDATION FUNDS VARIOUS AFTER SCHOOL PROGRAMS AND AFTER SCHOOL CARE TO PROVIDE A VARIETY OF EXTRACURRICULAR LEARNING OPPORTUNITIES FOR STUDENTS AS WELL AS A SECURE PLACE FOR STUDENTS TO STUDY. CACHE EDUCATION FOUNDATION AWARDS GRANTS THROUGHOUT THE SCHOOL DISTRICT FOR THE PURPOSE OF PURCHASING ADDITIONAL CLASSROOM SUPPLIES AND INSTRUCTIONAL MATERIALS. THE FOUNDATION SUPPORTS THE USE OF THE MOST CURRENT AND INFORMATIVE MATERIALS AVAILABLE TO STUDENTS. THE CACHE EDUCATION FOUNDATION ALSO PROVIDES VARIOUS STUDENT SCHOLARSHIPS AND TEACHER GRANTS AND AWARDS TO SUPPORT AND ENCOURAGE ACADEMIC ACHIEVEMENT WITHIN THE SCHOOL DISTRICT AS WELL AS FUNDS FOR VACCINES TO KEEP STUDENTS HEALTHY AND LEARNING. THE CACHE EDUCATION FOUNDATION PROVIDES SUPPORT IN WHATEVER WAY IS NEEDED TO MEET THE GOALS OF THE SCHOOL DISTRICT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,776,947
Program Service Revenue $0
Investment Income $159,221
Other Revenue $0
TOTAL REVENUE $1,936,168

Expense Breakdown

Grants Paid $1,510,537
Salaries & Benefits $79,967
Fundraising Expenses $0
Program Expenses $1,510,537
Other Expenses $34,685
TOTAL EXPENSES $1,625,189

Year-over-Year Comparison

2024 2023 Change
Revenue $1,936,168 $1,537,249 +0.3%
Expenses $1,625,189 $1,472,775 +0.1%
Net Income $310,979 $64,474 +3.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
1
Volunteers
75

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
3
$0
Total Directors
21
$74,284
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERESA LEWIS EXECUTIVE DIRECTOR 40.00
Director
$74,284 $0 $74,284
JOAN MAHONEY PRESIDENT 1.00
Officer Director
$0 $0 $0
TERI CUTLER VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
JARED BLACK TREASURER 2.00
Officer Director
$0 $0 $0
FRANK COPPIN BOARD MEMBER 1.00
Director
$0 $0 $0
TED EREKSON BOARD MEMBER 1.00
Director
$0 $0 $0
MARIAN FIELDING BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC FRANDSEN BOARD MEMBER 1.00
Director
$0 $0 $0
MITCH GREENE BOARD MEMBER 1.00
Director
$0 $0 $0
DELL LOY HANSEN BOARD MEMBER 1.00
Director
$0 $0 $0
CONNOR HOILAND BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID KASTNER BOARD MEMBER 1.00
Director
$0 $0 $0
CINDY PARKINSON BOARD MEMBER 1.00
Director
$0 $0 $0
LORI REYNOLDS BOARD MEMBER 1.00
Director
$0 $0 $0
TERI RHODES BOARD MEMBER 1.00
Director
$0 $0 $0
TIM SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT D THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
KAITLYN ALLEN BOARD MEMBER 1.00
Director
$0 $0 $0
BETH THOMPSON BOARD MEMBER 1.00
Director
$0 $0 $0
REGAN WHEELER BOARD MEMBER 1.00
Director
$0 $0 $0
KEVIN WOMACK BOARD MEMBER 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
2025 $1,936,168 $1,625,189 $1,747,926 $310,979
2024 $1,537,249 $1,472,775 $1,583,049 $64,474
2023 $2,513,014 $2,341,407 $1,552,154 $171,607
2022 $1,666,268 $1,517,127 $1,360,567 $149,141
2021 $1,298,390 $1,137,922 $1,226,971 $160,468
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