MOUNT AIRY CITY SCHOOLS FOUNDATION… - Form 990 Financial Data

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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

2022

Legal Domicile

Principal Officer

LESA HENSLEY

Phone

3367895147

Tax Period

2024-01-01 to 2024-12-31

MOUNT AIRY CITY SCHOOLS FOUNDATION INC, founded in 2022, is a small nonprofit in the Education sector that reported $253K in total revenue in fiscal year 2024. Revenue surged 274% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 34% operating margin.

Mission

THE MISSION OF MOUNT AIRY CITY SCHOOLS FOUNDATION IS TO PROMOTE EXCELLENCE IN TEACHING AND LEARNING AND ATHLETIC SUPPORT IN MOUNT AIRY CITY SCHOOLS

Program Service Accomplishments

Program 1

Expenses: $57,750 Revenue: $0

PROVIDE ADDITIONAL FINANCIAL SUPPORT FOR PUBLIC EDUCATION IN MOUNT AIRY

Program 2

Expenses: $19,500 Revenue: $0

ENHANCE THE BOARD OF EDUCATIONS ABILITY TO FUND PROJECTS THAT PROMOTE EXCELLENCE IN TEACHING AND LEARNING

Program 3

Expenses: $81,935 Revenue: $0

SUPPLEMENT THE ATHLETIC NEEDS FROM GRADES SIX THROUGH TWELVE

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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 $174,528

Program Service Revenue $0

Investment Income $2

Other Revenue $78,155

TOTAL REVENUE $252,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $159,185

Other Expenses $166,700

TOTAL EXPENSES $166,700

Year-over-Year Comparison

	2024	2023	Change
Revenue	$252,685	$67,619	+2.7%
Expenses	$166,700	$12,525	+12.3%
Net Income	$85,985	$55,094	+0.6%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE LEONARD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
THOMAS HORTON	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DR PHILLIP BROWN	EXECUTIVE DIRECTOR	1.00	Officer Director	$0	$0	$0
LESA HENSLEY	TREASURER	1.00	Officer Director	$0	$0	$0
SKIP ECKENROD	DIRECTOR	1.00	Director	$0	$0	$0
DR KIM MORRISON	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY HAURSER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN KERLEY	DIRECTOR	1.00	Director	$0	$0	$0
DARREN LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
LIZZIE MORRISON	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA PLITT	DIRECTOR	1.00	Director	$0	$0	$0
PHIL THACKER	DIRECTOR	1.00	Director	$0	$0	$0
ELLIE WEBB	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$252,685	$166,700	$188,781	$85,985

MOUNT AIRY CITY SCHOOLS FOUNDATION INC