APPLEWOOD LEARNING CENTER INC (EIN 020433124) - 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

1989

Legal Domicile

Phone

6034343139

Tax Period

2024-09-01 to 2025-08-31

APPLEWOOD LEARNING CENTER INC, founded in 1989, is a small nonprofit that reported $940K in total revenue in fiscal year 2024. Expenses of $872K left a modest 7% surplus.

Mission

TO PROVIDE CHILD CARE AND EDUCATIONAL SERVICES TO CHILDREN AGING FROM SIX MONTHS TO 15 YEARS.

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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 $111,223

Program Service Revenue $828,476

Investment Income $0

Other Revenue $0

TOTAL REVENUE $939,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $649,823

Fundraising Expenses $8,718

Program Expenses $706,137

Other Expenses $221,952

TOTAL EXPENSES $871,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$939,699	$895,979	+0.0%
Expenses	$871,775	$825,688	+0.1%
Net Income	$67,924	$70,291	0.0%

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

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

$65,664

Total Directors

$65,664

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH BRUNETTE	EDUCATIONAL DIRECTOR	1.50	Officer Director	$65,664	$0	$65,664
ASHLEY MACKINNON	MEMBER AT LARGE	1.00	Director	$0	$0	$0
EDWARD COMBES	MEMBER AT LARGE	1.00	Director	$0	$0	$0
COURTNEY TANNER	VICE PRESIDENT	1.00	Director	$0	$0	$0
TREVOR BALDWIN	TREASURER	1.00	Director	$0	$0	$0
JULIA KAPALA	SECRETARY	1.00	Director	$0	$0	$0
ASHLEY STUDENT	TEACHER REPRESENTATIVE	1.00	Director	$0	$0	$0
JOE RUSCITTO	PRESIDENT	1.00	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	$939,699	$871,775	$1,117,242	$67,924
2024	$895,979	$825,688	$1,076,651	$70,291
2024	$895,979	$825,688	$1,076,651	$70,291
2024	$895,979	$825,688	$1,076,651	$70,291
2023	$790,235	$859,549	$1,058,591	$-69,314
2022	$1,072,174	$818,495	$1,115,663	$253,679
2021	$909,050	$763,869	$981,046	$145,181
2020	$639,424	$756,463	$843,262	$-117,039
2019	$756,658	$764,634	$911,058	$-7,976

APPLEWOOD LEARNING CENTER INC