WYOMING SCHOOL BOARDS ASSOCIATION (EIN 836003983) - 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

1945

Legal Domicile

Principal Officer

BRIAN FARMER

Phone

3076341112

Tax Period

2024-01-01 to 2024-12-31

WYOMING SCHOOL BOARDS ASSOCIATION, founded in 1945, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $493K, a strong 22% operating margin.

Mission

THE WYOMING SCHOOL BOARDS ASSOCIATION IS DEDICATED TO HELPING SCHOOL DISTRICTS ACHIEVE THEIR GOALS OF IMPROVING STUDENT ACHIEVEMENT AND PROMOTING GOOD GOVERNANCE OF THEIR SCHOOLS. THE ASSOCIATION PROVIDES SUPPORT FOR SCHOOL TRUSTEES THROUGH WORKSHOPS, TRAINING, PUBLICATIONS AND MEMBER SERVICES.

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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 $466,079

Program Service Revenue $1,188,788

Investment Income $522,543

Other Revenue $24,900

TOTAL REVENUE $2,202,310

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,157,163

Fundraising Expenses $0

Program Expenses $1,530,695

Other Expenses $552,509

TOTAL EXPENSES $1,709,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,202,310	$2,466,299	-0.1%
Expenses	$1,709,672	$1,856,387	-0.1%
Net Income	$492,638	$609,912	-0.2%

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

$222,497

Total Directors

Key Employees

$206,206

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE JOLLEY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MIKE MANN	PRESIDENT ELECT	1.00	Officer Director	$0	$0	$0
SHANE RADER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
NICHOLE WEYER	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM BOLIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL STEDILLIE	DIRECTOR	1.00	Director	$0	$0	$0
CARL MANNING	DIRECTOR	1.00	Director	$0	$0	$0
LISA DURGIN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS NELSON	DIRECTOR	1.00	Director	$0	$0	$0
CAROL JELACO	DIRECTOR	1.00	Director	$0	$0	$0
DAN WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
STACI HILL	DIRECTOR	1.00	Director	$0	$0	$0
LOREN HETH	DIRECTOR	1.00	Director	$0	$0	$0
TRACY MORRIS	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY CASTILLON	DIRECTOR	1.00	Director	$0	$0	$0
NATE MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS RANKIN	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
HOMER BENNETT	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN FARMER	EXECUTIVE DIRECTOR	40.00	Officer	$185,675	$36,822	$222,497
TERRY STERLING	DIRECTOR OF FINANCIAL SERV	40.00	Key Emp	$167,992	$38,214	$206,206
JULIE KOCOUREK	DIRECTOR OF MEMBER SERVICE	40.00	Highest	$123,414	$0	$123,414
SHEILA DUCELLO	EMPLOYEE	40.00	Highest	$103,158	$0	$103,158

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	No data	No data	No data	No data
2024	$2,202,310	$1,709,672	$7,583,459	$492,638
2023	$2,466,299	$1,856,387	$6,577,543	$609,912
2022	$969,154	$1,655,275	$5,890,621	$-686,121
2021	$1,739,257	$1,632,679	$5,832,137	$106,578
2020	$1,810,362	$1,453,506	$5,720,985	$356,856
2019	$1,709,848	$1,419,946	$4,998,782	$289,902
2018	$1,385,266	$1,235,224	$4,320,179	$150,042

WYOMING SCHOOL BOARDS ASSOCIATION