ZERVAS AFTER SCHOOL PROGRAM INC (EIN 042678114) - 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

1978

Legal Domicile

Principal Officer

MICHAEL J SHULEY

Phone

6174694185

Tax Period

2023-07-01 to 2024-06-30

ZERVAS AFTER SCHOOL PROGRAM INC, founded in 1978, is a small nonprofit in the Youth Development sector that reported $925K in total revenue in fiscal year 2023. Expenses of $881K left a modest 5% surplus.

Mission

NONPROFIT CHILD CARE CENTER WITH FOCUS ON EARLY CHILDHOOD DEVELOPMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $135,975

Program Service Revenue $782,970

Investment Income $6,497

Other Revenue $0

TOTAL REVENUE $925,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $569,208

Fundraising Expenses $0

Program Expenses $802,976

Other Expenses $312,161

TOTAL EXPENSES $881,369

Year-over-Year Comparison

	2023	2022	Change
Revenue	$925,442	$970,877	0.0%
Expenses	$881,369	$695,524	+0.3%
Net Income	$44,073	$275,353	-0.8%

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

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

$177,320

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COHEN	DIRECTOR	2.00	Director	$0	$0	$0
LISA WICHTER	DIRECTOR	0.00	Director	$0	$0	$0
ELLEN HEALY	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL SHULEY	DIRECTOR	40.00	Officer	$163,340	$13,980	$177,320
KAI SHANAHAN	PRESIDENT	2.00	Officer	$0	$0	$0
REBECCA MOZZAFARIAN	CLERK	2.00	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	$925,442	$881,369	$1,101,559	$44,073
2023	$970,877	$695,524	$1,039,033	$275,353
2022	$858,845	$592,013	$765,415	$266,832
2021	$379,998	$401,540	$506,512	$-21,542
2020	$756,520	$582,671	$489,312	$173,849
2019	$571,050	$588,782	$433,116	$-17,732
2018	$596,191	$553,001	$342,168	$43,190

ZERVAS AFTER SCHOOL PROGRAM INC