ARDMORE SCHOOLS FOUNDATION INC

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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

2021

Legal Domicile

Principal Officer

YOLANDIA EUBANKS

Phone

2564232685

Tax Period

2024-01-01 to 2024-12-31

ARDMORE SCHOOLS FOUNDATION INC, founded in 2021, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $55K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $22K, a strong 40% operating margin.

Mission

SUPPORTS THE STUDENTS THROUGH SCHOLARSHIPS AND CLASSROOM GRANTS.

Program Service Accomplishments

Program 1

Expenses: $21,241 Revenue: $51,433

SUPPORTS THE STUDENTS THROUGH SCHOLARSHIPS AND CLASSROOM GRANTS.

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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 $3,841

Program Service Revenue $0

Investment Income $51,433

Other Revenue $0

TOTAL REVENUE $55,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $21,241

Other Expenses $33,250

TOTAL EXPENSES $33,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,274	$28,886	+0.9%
Expenses	$33,250	$11,047	+2.0%
Net Income	$22,024	$17,839	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
WADE BOGGS	PRESIDENT	Officer Director	$0	$0	$0
YOLANDIA EUBANKS	TRUSTEE	Officer Director	$0	$0	$0
STEPHEN BAUGH	TRUSTEE	Director	$0	$0	$0
NEAL DOUTHIT	TRUSTEE	Officer Director	$0	$0	$0
WILLIAM G MATTHEWS	TRUSTEE	Director	$0	$0	$0
BRENDA MORROW	TRUSTEE	Director	$0	$0	$0
KAITLIN SPARKMAN	TRUSTEE	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
2024	$55,274	$33,250	$1,054,137	$22,024
2023	$28,886	$11,047	$1,005,469	$17,839
2022	$23,033	$51,899	$919,519	$-28,866
2021	$1,000,000	$620	$999,380	$999,380