SOLVANG SCHOOL EDUCATION FOUNDATION (EIN 770373606) - 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

2018

Legal Domicile

Phone

8052450626

Tax Period

2024-07-01 to 2025-06-30

SOLVANG SCHOOL EDUCATION FOUNDATION, founded in 2018, is a small nonprofit in the Education sector that reported $170K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $213K exceeded revenue, resulting in a 25% operating deficit.

Mission

SUPPORTING THE MUSIC, ART, DRAMA, ENRICHMENT AND SCHOOL SPIRIT PROGRAMS AT SOLVANG SCHOOL

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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 $163,428

Program Service Revenue $0

Investment Income $6,754

Other Revenue $0

TOTAL REVENUE $170,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,300

Fundraising Expenses $0

Program Expenses $202,294

Other Expenses $194,641

TOTAL EXPENSES $212,941

Year-over-Year Comparison

	2024	2023	Change
Revenue	$170,182	$185,486	-0.1%
Expenses	$212,941	$207,959	+0.0%
Net Income	$-42,759	$-22,473	+0.9%

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

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

$18,000

Total Directors

$18,300

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JODY WILLIAMS	President & CEO	9.00	Officer Director	$18,000	$0	$18,000
SARAH HAUCK	Director	1.00	Director	$300	$0	$300
SUSAN WILLIAMS	Treasurer	3.00	Officer Director	$0	$0	$0
JESSICA TADE	Secretary	1.00	Officer Director	$0	$0	$0
ERICA MEIERHANS	Director	1.00	Director	$0	$0	$0
CHRISTINA OLIVER	Director	1.00	Director	$0	$0	$0
SUSIE DURBIANO	Director	1.00	Director	$0	$0	$0
JILL HUNTER	Director	1.00	Director	$0	$0	$0
KIRSTEN MCCORMICK	Director	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	$170,182	$212,941	$172,939	$-42,759
2024	$185,486	$207,959	$245,924	$-22,473

SOLVANG SCHOOL EDUCATION FOUNDATION