SCHOOL BOARDS FOR ACADEMIC EXCELLE… - 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

2023

Legal Domicile

Principal Officer

DAVID HOYT

Phone

3123465700

Tax Period

2023-06-28 to 2023-12-31

SCHOOL BOARDS FOR ACADEMIC EXCELLENCE, founded in 2023, is a community nonprofit in the Civil Rights & Advocacy sector that reported $1.0M in total revenue in fiscal year 2023. The organization ran a surplus of $969K, a strong 96% operating margin.

Mission

TO RESTORE ACADEMIC EXCELLENCE AND PARENTAL RIGHTS IN THE AMERICAN EDUCATION SYSTEM BY BUILDING A NATIONAL NETWORK OF STATE-BASED ORGANIZATIONS AND SCHOOL BOARD MEMBERS DEDICATED TO REFORMING POLICIES AND PRACTICES THAT IMPROVE STUDENT OUTCOMES IN AMERICA'S SCHOOL DISTRICTS.

Program Service Accomplishments

Program 1

Expenses: $35,157

TO RESTORE ACADEMIC EXCELLENCE AND PARENTAL RIGHTS IN THE AMERICAN EDUCATION SYSTEM BY BUILDING A NATIONAL NETWORK OF STATE-BASED ORGANIZATIONS AND SCHOOL BOARD MEMBERS DEDICATED TO REFORMING...

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,010,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,010,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $35,157

Other Expenses $40,612

TOTAL EXPENSES $40,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,010,000	N/A	N/A
Expenses	$40,612	N/A	N/A
Net Income	$969,388	N/A	N/A

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY O COOKE	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
WARD CASSIDY	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
LANCE CHRISTENSEN	BOARD MEMBER	1.00	Officer 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	No data	No data	No data	No data
2023	$1,010,000	$40,612	$973,555	$969,388

SCHOOL BOARDS FOR ACADEMIC EXCELLENCE