FRIENDS OF INDEPENDENT SCHOOLS AND BETTER EDUCATION (EIN 911216755) - 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

1982

Legal Domicile

Principal Officer

PETER STROBLE

Phone

3607979497

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF INDEPENDENT SCHOOLS AND BETTER EDUCATION, founded in 1982, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $4.7M exceeded revenue, resulting in a 25% operating deficit.

Mission

FRISBE PROMOTES AND SUPPORTS EDUCATIONAL INSTITUTIONS AND THEIR INITIATIVES.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $3,706,697

Program Service Revenue $0

Investment Income $64,010

Other Revenue $0

TOTAL REVENUE $3,770,707

Expense Breakdown

Grants Paid $4,707,762

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,714,906

Other Expenses $7,144

TOTAL EXPENSES $4,714,906

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,770,707	$3,038,593	+0.2%
Expenses	$4,714,906	$1,152,764	+3.1%
Net Income	$-944,199	$1,885,829	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER STROBLE	PRESIDENT & TREASURER	1.00	Officer Director	$0	$0	$0
TERRAN SENFTLEBEN	SECRETARY	0.10	Officer Director	$0	$0	$0
REBECCA FOUNTAIN	ASST. SECRETARY & ASST. TREASURER	0.10	Officer Director	$0	$0	$0
JAMES RIGOS	DIRECTOR	0.10	Director	$0	$0	$0
TOM RIGOS	DIRECTOR	0.10	Director	$0	$0	$0
ALEXANDER MACINTOSH	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER SPICER	DIRECTOR	0.10	Director	$0	$0	$0
PATRICIA PARISI	DIRECTOR	0.10	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	$3,770,707	$4,714,906	$1,533,890	$-944,199
2024	$3,038,593	$1,152,764	$2,478,089	$1,885,829
2023	$1,945,637	$1,622,702	$592,260	$322,935
2022	$1,784,972	$2,287,244	$269,325	$-502,272
2021	$1,018,484	$825,639	$771,597	$192,845
2020	$705,160	$545,203	$578,752	$159,957

FRIENDS OF INDEPENDENT SCHOOLS AND BETTER EDUCATION