SOUTH SHORE CHARTER EDUCATIONAL FOUNDATION INC (EIN 030528760) - 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

2004

Legal Domicile

Principal Officer

ERIC GREENE

Phone

7819824202

Tax Period

2024-07-01 to 2025-06-30

SOUTH SHORE CHARTER EDUCATIONAL FOUNDATION INC, founded in 2004, is a small nonprofit in the Education sector that reported $670K in total revenue in fiscal year 2024. The organization ran a surplus of $397K, a strong 59% operating margin.

Mission

TO RAISE MONEY ON BEHALF OF SOUTH SHORE CHARTER PUBLIC SCHOOL (THE SCHOOL) AND OWN AND MAINTAIN A FACILITY FOR THE SCHOOL.

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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 $45,246

Program Service Revenue $624,230

Investment Income $173

Other Revenue $0

TOTAL REVENUE $669,649

Expense Breakdown

Grants Paid $18,563

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $268,238

Other Expenses $254,438

TOTAL EXPENSES $273,001

Year-over-Year Comparison

	2024	2023	Change
Revenue	$669,649	$657,898	+0.0%
Expenses	$273,001	$274,745	0.0%
Net Income	$396,648	$383,153	+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

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

$205,843

Total Directors

$205,843

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA SAVAGE	PRESIDENT	0.10	Officer Director	$0	$980	$205,843
JULIA SILZER	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
STEVEN GILMAN	CLERK	0.10	Officer Director	$0	$0	$0
ERIC GREENE	TREASURER	0.10	Officer Director	$0	$0	$0
JACQUELINE LEACH	DIRECTOR	0.10	Director	$0	$0	$0
JOSEPHINE LOUGHNANE	DIRECTOR	0.10	Director	$0	$0	$0
FRANK S POSLUSZNY JR	DIRECTOR	0.10	Director	$0	$0	$0
JOANNE REGAN	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTINE BODNAR	DIRECTOR	0.10	Director	$0	$0	$0
EDWIN RIVERA	DIRECTOR	0.10	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	$669,649	$273,001	$12,593,173	$396,648
2024	$657,898	$274,745	$12,810,127	$383,153
2023	$663,716	$310,455	$12,978,965	$353,261
2022	$634,199	$302,325	$13,152,999	$331,874
2021	$666,668	$311,629	$13,395,998	$355,039
2020	$657,762	$359,906	$13,526,250	$297,856
2019	$579,941	$409,012	$4,638,620	$170,929

SOUTH SHORE CHARTER EDUCATIONAL FOUNDATION INC