NEIGHBORHOOD SCHOOLS INC

EIN: 043124370 501(c)(3) 501(c)(3) Corporation

34 PETER PARLEY ROAD, JAMAICA PLAIN, MA, 02130

Total Revenue
$1,527,313
Total Expenses
$1,540,520
Total Assets
$526,754
Net Assets
$474,979

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
0.31
~ Moderate — 3–6 mo. reserves
Revenue Concentration
0.76
⚠ High Risk — Concentrated
Admin Flexibility
20.2%
✓ Flexible — Can reduce
Operating Sustainability
-0.9%
⚠ Deficit — Unsustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
~ MODERATE
2/4 flags
Equity deficiency (<0.25) ✓ Pass
Revenue concentration (>0.60) 🚩 Flagged
Admin too lean (<10%) ✓ Pass
Operating deficit (<0%) 🚩 Flagged

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MA
Principal Officer
ABA TAYLOR
Phone
6175220880
Tax Period
June 2024 - May 2025

NEIGHBORHOOD SCHOOLS INC is a 501(c)(3) with EIN 043124370, based in 34 PETER PARLEY ROAD, JAMAICA PLAIN, MA, 02130. Founded in 1999, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $1,527,313 in total revenue and $1,540,520 in total expenses, with net assets of $474,979. Its Trantor Score is 659 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

TO PROVIDE PERSONALIZED LEARNING WITHIN A COMMUNITY TO CHILDREN REPRESENTATIVE OF THE DIVERSITY OF BOSTON NEIGHBORHOODS.

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

659
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.68
+149 pts
Solvency (30%)
0.80
+131 pts
Sustainability (20%)
0.41
+45 pts
Efficiency (10%)
0.60
+32 pts
Learn more about the Trantor Score methodology →

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $189,905
Program Service Revenue $1,321,075
Investment Income $16,333
Other Revenue $0
TOTAL REVENUE $1,527,313

Expense Breakdown

Grants Paid $250,975
Salaries & Benefits $1,011,834
Fundraising Expenses $28,090
Program Expenses $1,201,348
Other Expenses $277,711
TOTAL EXPENSES $1,540,520

Year-over-Year Comparison

2024 2023 Change
Revenue $1,527,313 $1,461,723 +4.5%
Expenses $1,540,520 $1,407,152 +9.5%
Net Income $-13,207 $54,571 -124.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
10.39
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
7.84
Target: >2.0 is healthy
Cash Reserve
2.7
Months of expenses covered
Cash to Assets
66.0%
Liquid asset ratio
Working Capital
$353,898
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
10.17
Assets / Liabilities (>1 is solvent)
Debt Ratio
9.8%
Liabilities / Assets (lower is better)
Debt to Net Assets
0.11
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
86.5%
Program revenue / Total revenue
Donation Dependence
12.4%
Contributions / Total revenue
Revenue Concentration
86.5%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
20.2%
Target: 10–20% is optimal
Asset Turnover
2.90x
Revenue / Assets
Expense Coverage
3.7
Months can operate w/o income
Surplus Margin
-0.9%
Net income / Revenue

Growth Indicators

Net Assets Growth
-2.6%
Year-over-year change

Governance

Voting Members
8
Independent Members
6
Employees
15
Volunteers
40

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
7
$333,361
Total Directors
9
$153,801
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOCELYN HEYWOOD TREASURER 1.00
Officer Director
$0 $0 $0
JOYCE MALLORY EMERITUS/FORMER BOARD MEMBER 1.00
Officer Director
$26,367 $0 $26,367
PATRICIA MORROW CO-SCHOOL DIRECTOR/BOARD MEMBER 40.00
Officer Director
$60,629 $15,875 $76,504
JOHNNY BLAZES CLERK/TEACHER 1.00
Officer Director
$31,380 $19,550 $50,930
ABA TAYLOR CHAIR 1.00
Officer Director
$0 $0 $0
DINAH SHEPHERD BOARD MEMBER 1.00
Director
$0 $0 $0
SAMANTHA HALE BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE FEIBEL BOARD MEMBER 1.00
Director
$0 $0 $0
JEREMY PHILLIPS BOARD MEMBER 1.00
Director
$0 $0 $0
SCOTT MORROW FINANCE MANAGER/TEACHER 40.00
Officer
$75,620 $5,515 $81,135
TRACY PIMENTEL CO-SCHOOL DIRECTOR/BOARD MEMBER 40.00
Officer
$75,875 $22,550 $98,425
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 $1,527,313 $1,540,520 $526,754 $-13,207
2024 $1,461,723 $1,407,152 $532,422 $54,571
2023 $1,396,535 $1,447,375 $461,502 $-50,840
2022 $1,459,262 $1,447,382 $539,133 $11,880
2021 $1,471,067 $1,388,576 $532,623 $82,491
2020 $1,186,046 $1,197,552 $444,856 $-11,506
2019 $1,193,669 $1,162,403 $456,490 $31,266
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