SCHOFIELD SCHOOL PARENT TEACHER ORGANIZATION

EIN: 043230047 501(c)(3) Education

WELLESLEY, MA

Total Revenue
$164,837
Total Expenses
$112,514
Total Assets
$231,248
Net Assets
$231,248
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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
1993
Legal Domicile
MA
Principal Officer
TED FINNERTY
Phone
7817721188
Tax Period
2024-07-01 to 2025-06-30

SCHOFIELD SCHOOL PARENT TEACHER ORGANIZATION, founded in 1993, is a small nonprofit in the Education sector that reported $165K in total revenue in fiscal year 2024. The organization ran a surplus of $52K, a strong 32% operating margin.

Mission

TO ENHANCE AND SUPPORT THE EDUCATIONAL EXPERIENCE AT SCHOFIELD ELEMENTARY SCHOOL, TO DEVELOP A CLOSER CONNECTION BETWEEN SCHOOL AND HOME BY ENCOURAGING PARENT INVOLVEMENT, AND TO IMPROVE THE ENVIRONMENT AT SCHOFIELD ELEMENTARY SCHOOL THROUGH VOLUNTEER AND FINANCIAL SUPPORT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $164,558
Program Service Revenue $0
Investment Income $1,947
Other Revenue $-1,668
TOTAL REVENUE $164,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $33,721
Program Expenses $72,591
Other Expenses $112,514
TOTAL EXPENSES $112,514

Year-over-Year Comparison

2024 2023 Change
Revenue $164,837 N/A N/A
Expenses $112,514 N/A N/A
Net Income $52,323 N/A N/A
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
6
Independent Members
6
Employees
N/A
Volunteers
300

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
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIZABETH RUCCI PRESIDENT 20.00
Officer Director
$0 $0 $0
LAYNE FINNERTY CO-VICE PRES 5.00
Officer Director
$0 $0 $0
BRIT KELLY CO-VICE PRES 5.00
Officer Director
$0 $0 $0
CHRISTINA O'BRIEN SECRETARY 2.00
Officer Director
$0 $0 $0
TED FINNERTY CO-TREASURER 10.00
Officer Director
$0 $0 $0
RONALD LI CO-TREASURER 10.00
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
2025 $164,837 $112,514 $231,248 $52,323
2019 $172,453 $74,572 $199,803 $97,881
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