THE FOUNDATION FOR TIGARD TUALATIN SCHOOLS (EIN 943148515) - 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

1991

Legal Domicile

Principal Officer

CHERYL PAYNE

Phone

5034314024

Tax Period

2023-01-01 to 2023-12-31

THE FOUNDATION FOR TIGARD TUALATIN SCHOOLS, founded in 1991, is a community nonprofit in the Unknown sector that reported $2.1M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO SUPPORT THE TIGARD/TUALATIN SCHOOL DISTRICT SCHOOLS AND PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS IN THE DISTRICT

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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 $2,027,309

Program Service Revenue $0

Investment Income $291

Other Revenue $46,783

TOTAL REVENUE $2,074,383

Expense Breakdown

Grants Paid $2,006,206

Salaries & Benefits $221,669

Fundraising Expenses $0

Program Expenses $2,213,861

Other Expenses $80,954

TOTAL EXPENSES $2,308,829

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,074,383	$2,237,556	-0.1%
Expenses	$2,308,829	$1,858,293	+0.2%
Net Income	$-234,446	$379,263	-1.6%

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

Volunteers

1742

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

$73,751

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGIE GREEN	EXECUTIVE DIRECTOR	40.00	Director	$73,751	$0	$73,751
KATE MANELIS	PRESIDENT	8.00	Officer	$0	$0	$0
RACHAEL GARRISON	SECRETARY	4.00	Officer	$0	$0	$0
ANDREA JOHNSON	VICE PRESIDENT	4.00	Officer	$0	$0	$0
CHERYL PAYNE	TREASURER	4.00	Officer	$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	$2,074,383	$2,308,829	$799,308	$-234,446
2022	$2,237,556	$1,858,293	$998,907	$379,263
2021	$2,728,428	$2,773,139	$645,058	$-44,711
2020	$757,142	$556,042	$668,272	$201,100

THE FOUNDATION FOR TIGARD TUALATIN SCHOOLS