HELENA EDUCATION FOUNDATION

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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

2002

Legal Domicile

Phone

4064432545

Tax Period

2022-07-01 to 2023-06-30

HELENA EDUCATION FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $407K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $67K, a strong 16% operating margin.

Mission

The mission of the Helena Education Foundation HEF is "to enrich education in the Helena Public Schools through consistent community investment of time talent funding and resources." Activities include educator and student recognition grants for pilot and enrichment programs and community outreach programs.

Program Service Accomplishments

Program 1

Expenses: $52,695 Revenue: $65,739

Adult educator public education and enrichment- events in this program area include Great Conversations Carnival Classic and Celebration of Excellence. These programs offer a range of experiences...

Adult educator public education and enrichment- events in this program area include Great Conversations Carnival Classic and Celebration of Excellence. These programs offer a range of experiences including innovative discussion of current achievements and celebration of the beginning and end of year achievements of students and educators as well as family entertainment and showcasing student talent. They involve all students 8,000 and educators 600 in the school district and over 1,000 members of the public.

Program 2

Expenses: $57,137 Revenue: $46,250

Education instructor pilot and enrichment programs in classrooms -events include Great Ideas Grants and Spark Grants - the premier program achievement of the Helena Education Foundation. These...

Education instructor pilot and enrichment programs in classrooms -events include Great Ideas Grants and Spark Grants - the premier program achievement of the Helena Education Foundation. These dollars target Helena Educators who propose education programs for students in the K-12 Helena School District. Competitively based educators submit a program description and budget. If successful the educator is awarded a one-year grant based on the standards established by the HEF board. Generally 30-40 educators receive awards annually ranging from a low of $100 to a high of $5,000 for an annual budget that totals $65,000. These programs impact between 3000-5000 students. The Sensory Pathways special project addresses the growing need for students to engage in physical movement to engage cognitive function. HEF purchased 2 Sensory Pathways for all 11 elementary schools. Sensory pathways are colorful exercises designed to develop motor skills balance hand-eye coordination spatial awareness and provide critical "brain breaks" to calm and refocus students throughout the school day.1

Program 3

Expenses: $163,995 Revenue: $295,504

All other program activities including Fabulous Firsts a book for every 1st grader Pen and Ink Magazine Harrison Writing Awards Up to 4 student competitive writing cash award Issues Institutes...

All other program activities including Fabulous Firsts a book for every 1st grader Pen and Ink Magazine Harrison Writing Awards Up to 4 student competitive writing cash award Issues Institutes Trading Places General Fundraising Investment and Education and Outreach activities.

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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 (2022)

Revenue Breakdown

Contributions & Grants $406,988

Program Service Revenue $0

Investment Income $505

Other Revenue $0

TOTAL REVENUE $407,493

Expense Breakdown

Grants Paid $0

Salaries & Benefits $147,868

Fundraising Expenses $25,819

Program Expenses $273,827

Other Expenses $192,918

TOTAL EXPENSES $340,786

Year-over-Year Comparison

	2022	2021	Change
Revenue	$407,493	$374,200	+0.1%
Expenses	$340,786	$314,886	+0.1%
Net Income	$66,707	$59,314	+0.1%

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

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

$80,640

Total Directors