The Potato Leadership Education and Advancement Foundation (EIN 843933797) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

William K Quarles

Phone

2026829456

Tax Period

2024-07-01 to 2025-06-30

The Potato Leadership Education and Advancement Foundation, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $351K in total revenue in fiscal year 2024. The organization ran a surplus of $76K, a strong 22% operating margin.

Mission

Growing people who grow potatoes- See Schedule O

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $127,545

Program Service Revenue $118,399

Investment Income $98,053

Other Revenue $6,811

TOTAL REVENUE $350,808

Expense Breakdown

Grants Paid $10,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $215,068

Other Expenses $264,685

TOTAL EXPENSES $274,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$350,808	$350,288	+0.0%
Expenses	$274,685	$169,326	+0.6%
Net Income	$76,123	$180,962	-0.6%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$583,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brett Jensen	Chairman of the Board	2.00	Director	$0	$0	$0
RJ Andrus	Vice Chairman of the Board	2.00	Director	$0	$0	$0
Shelley Olsen	Director	1.00	Director	$0	$0	$0
Wendy Dykstra	Director	1.00	Director	$0	$0	$0
Keith McGovern	Director	1.00	Director	$0	$0	$0
Gregg Halverson	Director	1.00	Director	$0	$0	$0
William K Quarles	President	2.00	Officer	$0	$59,260	$307,864
Michael R Wenkel	Vice President, Secretary/Treasurer	5.00	Officer	$0	$38,219	$275,482

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	$350,808	$274,685	$2,628,666	$76,123
2024	$350,288	$169,326	$2,293,045	$180,962
2023	$169,181	$148,570	$2,192,214	$20,611
2022	$202,565	$167,464	$2,204,865	$35,101
2021	$583,209	$25,644	$2,250,265	$557,565

The Potato Leadership Education and Advancement Foundation