HAMILTON COUNTY SCHOOLS FOUNDATION

EIN: 852766414 501(c)(3) Education

Chattanooga, TN

Total Revenue
$432,711
Total Expenses
$239,310
Total Assets
$339,953
Net Assets
$338,472
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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
2020
Legal Domicile
TN
Principal Officer
Krissa Barclay
Phone
4234987020
Tax Period
2022-07-01 to 2023-06-30

HAMILTON COUNTY SCHOOLS FOUNDATION, founded in 2020, is a small nonprofit in the Education sector that reported $433K in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $193K, a strong 45% operating margin.

Mission

The Hamilton County Schools Foundation (HCSF) was formed to cultivate philanthropy in support of the strategic initiatives of Hamilton County Schools, the public school district in Hamilton County, Tennessee. The mission of HCSF is to support educational opportunities and excellence for ALL students through the effective mobilization of resources, relationships, and innovation. Activity areas align with the strategic focus areas of Hamilton County Schools.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $432,711
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $432,711

Expense Breakdown

Grants Paid $151,688
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $235,535
Other Expenses $87,622
TOTAL EXPENSES $239,310

Year-over-Year Comparison

2022 2021 Change
Revenue $432,711 $512,171 -0.2%
Expenses $239,310 $573,593 -0.6%
Net Income $193,401 $-61,422 -4.1%
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

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Fogleman Chair Emeritus 1
Director
$0 $0 $0
Greg Eaves Director 1
Director
$0 $0 $0
Martina Harris Director 1
Director
$0 $0 $0
Justin Robertson Director (Ex-Officio) 1
Director
$0 $0 $0
Althea Jones Director 1
Director
$0 $0 $0
Mary Kilbride Director 1
Director
$0 $0 $0
Jill Levine Director 1
Director
$0 $0 $0
Cindy Sexton Director 1
Director
$0 $0 $0
James McKissic Director 1
Director
$0 $0 $0
Joe Smith Director 1
Director
$0 $0 $0
Sonia Stewart Director (Ex-Officio) 1
Director
$0 $0 $0
Arie Veltenaar Director 1
Director
$0 $0 $0
Steve Zabel Director 1
Director
$0 $0 $0
Todd Womack Chair 2
Officer Director
$0 $0 $0
Blake Freeman Secretary 2.00
Officer Director
$0 $0 $0
Brent Goldberg Treasurer 2.00
Officer Director
$0 $0 $0
Dalya Qualls White Director 1
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
2023 $432,711 $239,310 $339,953 $193,401
2022 $512,171 $573,593 $147,184 $-61,422
2021 $416,809 $208,203 $208,606 $208,606
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