FOUNDATION FOR CLOVIS SCHOOLS (EIN 770140576) - 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

JEFF MARKARIAN

Phone

5593279090

Tax Period

2024-07-01 to 2025-06-30

FOUNDATION FOR CLOVIS SCHOOLS, founded in 1987, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $752K, a strong 65% operating margin.

Mission

TO HELP STUDENTS CONTINUALLY IMPROVE ACADEMIC AND PERSONAL ACHEIVEMENT BY PROVIDING FUNDING FOR INNOVATIVE CLASSROOM IDEAS AND EDUCATIONAL PROGRAMS THAT STIMULATE AND ENCOURAGE STUDENTS TO AIM HIGH.

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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 $593,646

Program Service Revenue $0

Investment Income $446,386

Other Revenue $121,446

TOTAL REVENUE $1,161,478

Expense Breakdown

Grants Paid $287,273

Salaries & Benefits $0

Fundraising Expenses $18,061

Program Expenses $367,662

Other Expenses $122,122

TOTAL EXPENSES $409,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,161,478	$859,683	+0.4%
Expenses	$409,395	$443,437	-0.1%
Net Income	$752,083	$416,246	+0.8%

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

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF MARKARIAN	DIRECTOR	3.00	Officer Director	$0	$0	$0
DIANNE NURY	DIRECTOR	3.00	Director	$0	$0	$0
PAT V RICCHIUTI	DIRECTOR	3.00	Director	$0	$0	$0
ROBERT GOUSSE	DIRECTOR	3.00	Director	$0	$0	$0
MIKE FENNACY	DIRECTOR	3.00	Director	$0	$0	$0
WES QUALLS	TREASURER	3.00	Officer Director	$0	$0	$0
JOSHUA PHANCO	CHAIRPERSON	3.00	Officer Director	$0	$0	$0
TODD COOK	VICE CHAIRPERSON	3.00	Officer Director	$0	$0	$0
DOUG BENIK	DIRECTOR	3.00	Director	$0	$0	$0
ADAM HOLT	SECRETARY	3.00	Officer Director	$0	$0	$0
MATT JAMES	DIRECTOR	3.00	Director	$0	$0	$0
JIMMY DUNN	DIRECTOR	3.00	Director	$0	$0	$0
JAMES BITTER	DIRECTOR	3.00	Director	$0	$0	$0
JOSHUA PETERSON	DIRECTOR	3.00	Director	$0	$0	$0
SHANNON ULRICH	DIRECTOR	3.00	Director	$0	$0	$0
DES HAUS	DIRECTOR	3.00	Director	$0	$0	$0
RICK MERLO	DIRECTOR	3.00	Director	$0	$0	$0
TANNER HEDRICK	DIRECTOR	3.00	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	$1,161,478	$409,395	$9,642,179	$752,083
2024	No data	No data	No data	No data
2023	$5,440,960	$310,329	$7,991,594	$5,130,631
2022	$408,293	$377,332	$2,710,182	$30,961
2021	$375,821	$207,667	$2,866,154	$168,154
2020	$181,462	$289,350	$2,559,475	$-107,888
2019	$522,179	$337,807	$2,821,099	$184,372
2018	$479,553	$295,495	$2,650,506	$184,058

FOUNDATION FOR CLOVIS SCHOOLS