The Schoolhouse Learning Center Inc

EIN: 030225740 501(c)(3)

South Burlington, VT

Total Revenue
$2,132,892
Total Expenses
$1,996,737
Total Assets
$2,703,583
Net Assets
$2,020,129
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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
1985
Legal Domicile
VT
Principal Officer
William Mitchell
Tax Period
2023-08-01 to 2024-07-31

The Schoolhouse Learning Center Inc, founded in 1985, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $2.0M left a modest 6% surplus.

Mission

A PreK childcare center and KG-Grade 8 school that values each students unique learning experience, fostering academic excellence, emotional intelligence, and social and environmental justice through five core concepts.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $481,339
Program Service Revenue $1,582,832
Investment Income $27,016
Other Revenue $41,705
TOTAL REVENUE $2,132,892

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,533,533
Fundraising Expenses $9,352
Program Expenses $1,240,432
Other Expenses $463,204
TOTAL EXPENSES $1,996,737

Year-over-Year Comparison

2023 2022 Change
Revenue $2,132,892 $2,276,915 -0.1%
Expenses $1,996,737 $1,826,932 +0.1%
Net Income $136,155 $449,983 -0.7%
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

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Governance

Voting Members
13
Independent Members
12
Employees
58
Volunteers
120

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
6
$87,158
Total Directors
6
$43,698
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Shayne Head of School 040.00
Officer
$84,646 $2,512 $87,158
Lorraine Carter-Lovejoy Staff Liaison 040.00
Director
$42,434 $1,264 $43,698
Wesley Davis Member 000.50
Director
$0 $0 $0
Katie Mather Member 000.50
Director
$0 $0 $0
Rhonda Pagnucco Member 000.50
Director
$0 $0 $0
Elizabeth Doran Member 000.50
Director
$0 $0 $0
Natanya Lara left during FY24 Member 000.50
Director
$0 $0 $0
Mary Lyons Chair 000.50
Officer
$0 $0 $0
William Mitchell Vice Chair 000.50
Officer
$0 $0 $0
Catherine Palopoli Treasurer 000.50
Officer
$0 $0 $0
Christina Colletti Secretary 000.50
Officer
$0 $0 $0
Steven Maneely left during FY24 Former treasurer 000.50
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 $2,132,892 $1,996,737 $2,703,583 $136,155
2023 $2,276,915 $1,826,932 $2,525,334 $449,983
2022 $1,643,527 $1,574,986 $2,135,193 $68,541
2021 $1,573,125 $1,461,348 $2,161,526 $111,777
2020 $1,653,192 $1,446,590 $2,014,752 $206,602
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