HANOVER NURSERY SCHOOL INC (EIN 026000369) - 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

1951

Legal Domicile

Principal Officer

MICHAEL PRYLES

Phone

6036433315

Tax Period

2024-07-01 to 2025-06-30

HANOVER NURSERY SCHOOL INC, founded in 1951, is a small nonprofit that reported $160K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $186K exceeded revenue, resulting in a 16% operating deficit.

Mission

HANOVER NURSERY SCHOOL PROVIDES PRE-SCHOOL EDUCATION WITH MORNING AND AFTERNOON CLASSES DURING THE REGULAR SCHOOL YEAR AND OFFERS WEEKLY SESSIONS DURING THE SUMMER.

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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 $44,488

Program Service Revenue $112,388

Investment Income $1,897

Other Revenue $1,714

TOTAL REVENUE $160,487

Expense Breakdown

Grants Paid $7,546

Salaries & Benefits $123,077

Fundraising Expenses $0

Program Expenses $181,396

Other Expenses $55,554

TOTAL EXPENSES $186,177

Year-over-Year Comparison

	2024	2023	Change
Revenue	$160,487	$176,503	-0.1%
Expenses	$186,177	$199,763	-0.1%
Net Income	$-25,690	$-23,260	+0.1%

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

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

$2,580

Total Directors

$55,241

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA JACK	DIRECTOR	30.00	Director	$52,661	$0	$52,661
MISTIE BOULE	TREASURER	5.00	Officer Director	$2,580	$0	$2,580
KAITLYN BARRETTE	SECRETARY	1.00	Officer Director	$0	$0	$0
ROB CORNELL	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MICHAEL PRYLES	PRESIDENT	1.00	Director	$0	$0	$0
KATHRYN RHODES	PARENT LIASO	1.00	Director	$0	$0	$0
ANASTASIA RODZIANKO	REGISTRAR	1.00	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	$160,487	$186,177	$473,433	$-25,690
2024	$176,503	$199,763	$435,217	$-23,260
2023	$201,223	$179,651	$449,987	$21,572
2022	$242,735	$159,968	$482,947	$82,767

HANOVER NURSERY SCHOOL INC