FRIENDS OF CARMEL UNIFIED SCHOOLS (EIN 942628895) - Form 990 Financial Analysis & Trantor Score

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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

1979

Legal Domicile

Principal Officer

Diego Reyes

Phone

8312048404

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CARMEL UNIFIED SCHOOLS, founded in 1979, is a small nonprofit in the Education sector that reported $164K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $87K, a strong 53% operating margin.

Mission

To provide funds to schools in the Carmel Unified School District for teaching supplies and equipment, as well as for the general welfare of the educational community as a whole.

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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 $10,116

Program Service Revenue $0

Investment Income $153,762

Other Revenue $0

TOTAL REVENUE $163,878

Expense Breakdown

Grants Paid $51,389

Salaries & Benefits $0

Fundraising Expenses $259

Program Expenses $58,659

Other Expenses $25,853

TOTAL EXPENSES $77,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,878	$3,156,780	-0.9%
Expenses	$77,242	$34,211	+1.3%
Net Income	$86,636	$3,122,569	-1.0%

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
Devon Crews	President	10.00	Officer Director	$0	$0	$0
Diego Reyes	TREASURER	5.00	Officer Director	$0	$0	$0
Alisa Allen Barnes	VICE PRESIDENT	5.00	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
2025	$163,878	$77,242	$3,928,552	$86,636
2024	No data	No data	No data	No data
2023	$39,490	$3,415	$644,909	$36,075
2022	$60,946	$55,965	$588,019	$4,981
2021	$52,229	$37,226	$645,497	$15,003
2020	$38,646	No data	No data	No data
2020	$71,064	$134,322	$545,958	$-63,258
2019	$85,338	$52,577	$609,216	$32,761
2018	$60,194	$57,375	$537,015	$2,819

FRIENDS OF CARMEL UNIFIED SCHOOLS