NEW CONCEPT SCHOOLS INC (EIN 020315820) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

MARGARET WANDREY

Phone

6038834356

Tax Period

2024-09-01 to 2025-08-31

NEW CONCEPT SCHOOLS INC, founded in 1975, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 4% surplus.

Mission

THE ORGANIZATION PROVIDES NON-DENOMINATIONAL NON-SECTARIAN PRE-SCHOOL AND DAYCARE PROGRAMS SERVING THE GENERAL PUBLIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $103,096

Program Service Revenue $1,472,905

Investment Income $5,852

Other Revenue $37,566

TOTAL REVENUE $1,619,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,281,804

Fundraising Expenses $2,339

Program Expenses $1,376,491

Other Expenses $269,474

TOTAL EXPENSES $1,551,278

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,619,419	$1,341,683	+0.2%
Expenses	$1,551,278	$1,379,624	+0.1%
Net Income	$68,141	$-37,941	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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
ANGELA DERUSHA	3RD VICE PRE	0.75	Officer Director	$0	$0	$0
MARY DILORETO	CHURCH PASTO	0.75	Director	$0	$0	$0
ALYSSA GENTRY	SECRETARY	0.75	Officer Director	$0	$0	$0
CAROL LEMAY	TREASURER	0.75	Officer Director	$0	$0	$0
JODY MEAR	1ST VICE PRE	0.75	Officer Director	$0	$0	$0
MOLLY SHETLER	2ND VICE PRE	0.75	Officer Director	$0	$0	$0
COLLEEN WALKER	4TH VICE PRE	0.75	Officer Director	$0	$0	$0
MARGARET WANDREY	PRESIDENT	1.50	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	$1,619,419	$1,551,278	$608,280	$68,141
2024	$1,341,683	$1,379,624	$544,779	$-37,941
2023	$1,154,053	$1,241,221	$576,299	$-87,168
2022	$1,310,877	$1,140,133	$657,701	$170,744
2021	$1,190,099	$1,017,239	$609,711	$172,860
2020	$825,758	$1,036,136	$453,960	$-210,378
2019	$1,042,384	$984,301	$493,713	$58,083
2018	$1,014,030	$950,144	$429,739	$63,886

NEW CONCEPT SCHOOLS INC