PRESCHOOL FOR CREATIVE BEGINNINGS INC (EIN 043045957) - 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

Principal Officer

SUSAN GARBER

Phone

7817849770

Tax Period

2022-07-01 to 2023-06-30

PRESCHOOL FOR CREATIVE BEGINNINGS INC, founded in 1989, is a small nonprofit that reported $245K in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $305K exceeded revenue, resulting in a 24% operating deficit.

Mission

TO PROVIDE PRIMARY PRESCHOOL SERVICES FOR THE RESIDENTS OF SHARON, MA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $220,272

Investment Income $25,002

Other Revenue $0

TOTAL REVENUE $245,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,237

Fundraising Expenses $0

Program Expenses $272,026

Other Expenses $50,107

TOTAL EXPENSES $305,344

Year-over-Year Comparison

	2022	2021	Change
Revenue	$245,274	$224,478	+0.1%
Expenses	$305,344	$302,704	+0.0%
Net Income	$-60,070	$-78,226	-0.2%

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

N/A

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

$125,500

Total Directors

$125,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN GARBER	EXEC DIR	40.00	Officer Director	$125,500	$0	$125,500
SUSAN GARBER	PRES/TRES	2.00	Officer Director	$0	$0	$0
ALAN GARBER	CLERK	2.00	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
2023	$245,274	$305,344	No data	$-60,070
2022	$223,758	$186,007	$85,092	$37,751
2021	$71,581	$70,518	$47,199	$1,063
2020	$108,041	$142,594	$30,988	$-34,553
2018	$283,033	$256,840	$59,933	$26,193

PRESCHOOL FOR CREATIVE BEGINNINGS INC