JO ELLEN AND JOHN MCKENZIE FOUNDAT… - 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

2024

Legal Domicile

Principal Officer

JOHN MCKENZIE

Phone

9413499192

Tax Period

2024-07-01 to 2025-06-30

JO ELLEN AND JOHN MCKENZIE FOUNDATION INC, founded in 2024, is a small nonprofit in the Education sector that reported $395K in total revenue in fiscal year 2024.

Mission

TO SUPPORT WORKFORCE DEVELOPMENT, JOB TRAINING, AND EDUCATION AMONG YOUNG PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $393,966 Revenue: $0

THE FOUNDATION'S ACTIVITY IS TO RAISE AND DISTRIBUTE FUNDS TO HELP PROVIDE A PATHWAY OUT OF POVERTY FOR MIDDLE AND HIGH SCHOOL STUDENTS, AND TO SUPPORT THE ESTABLISHMENT AND GROWTH OF QUALITY SCHOOLS PROVIDING PATHWAYS FOR STUDENTS TO CAREER AND COLLEGE. THE FOUNDATION WILL COORDINATE WITH THE METROPOLITAN MADISON SCHOOL DISTRICT TO ENHANCE CAREER TRAINING AND OPTIONS FOR ITS HIGH SCHOOL STUDENTS.

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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 $394,700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $394,700

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $50,000

Fundraising Expenses $0

Program Expenses $393,966

Other Expenses $343,112

TOTAL EXPENSES $394,612

Year-over-Year Comparison

	2024	2023	Change
Revenue	$394,700	N/A	N/A
Expenses	$394,612	N/A	N/A
Net Income	$88	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

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

$40,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN MCKENZIE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JO ELLEN MCKENZIE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PAUL VALLAS	CHIEF EXECUTIVE OFFICER	20.00	Officer	$40,000	$0	$40,000

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	$394,700	$394,612	$88	$88

JO ELLEN AND JOHN MCKENZIE FOUNDATION INC