BANKS HIGH SCHOOL ALUMNI FOUNDATION INC (EIN 943089625) - 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

1988

Legal Domicile

Principal Officer

REBECCA MEHRINGER

Phone

5034766426

Tax Period

2024-03-01 to 2025-02-28

BANKS HIGH SCHOOL ALUMNI FOUNDATION INC, founded in 1988, is a small nonprofit that reported $122K in total revenue in fiscal year 2024. Revenue surged 110% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 62% operating margin.

Mission

FINANCIAL SUPPORT: FOR FUTURE EDUCATION OF BANKS HIGH SCHOOL GRADUATES.

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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 $7,570

Program Service Revenue $0

Investment Income $114,742

Other Revenue $0

TOTAL REVENUE $122,312

Expense Breakdown

Grants Paid $46,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,000

Other Expenses $496

TOTAL EXPENSES $46,496

Year-over-Year Comparison

	2024	2023	Change
Revenue	$122,312	$58,335	+1.1%
Expenses	$46,496	$51,495	-0.1%
Net Income	$75,816	$6,840	+10.1%

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
MARK WARD	PRESIDENT	1.00	Officer	$0	$0	$0
REBECCA MEHRINGER	TREASURER	2.00	Officer	$0	$0	$0
RAE WEAVER	SECRETARY	1.00	Officer	$0	$0	$0
KENNETH ACKERMAN	VICE PRESIEN	1.00	Officer	$0	$0	$0
MARILYN MCGLASSON	TRUSTEE	N/A	Director	$0	$0	$0
WILLIAM SCHLEGEL	TRUSTEE	N/A	Director	$0	$0	$0
JEFF TOLKE	TRUSTEE	N/A	Director	$0	$0	$0
COLE LINEHAN	TRUSTEE	N/A	Director	$0	$0	$0
DAN HERB	TRUSTEE	N/A	Director	$0	$0	$0
BEN BUCHANAN	TRUSTEE	N/A	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	$122,312	$46,496	$1,135,281	$75,816
2024	$58,335	$51,495	$1,057,241	$6,840
2023	$60,811	$28,436	$1,052,858	$32,375
2022	$101,035	$20,351	$1,020,773	$80,684

BANKS HIGH SCHOOL ALUMNI FOUNDATION INC