NATIVITY PREPARATORY SCHOOL NEW BEDFORD INC

EIN: 043501206 501(c)(3) Education

NEW BEDFORD, MA

Total Revenue
$2,916,614
Total Expenses
$1,808,829
Total Assets
$5,324,955
Net Assets
$5,231,369
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MA
Principal Officer
CHRISTIAN GARRIS
Phone
5089943800
Tax Period
2024-07-01 to 2025-06-30

NATIVITY PREPARATORY SCHOOL NEW BEDFORD INC, founded in 2000, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 38% operating margin.

Mission

PROVIDING TUITION-FREE EDUCATION FOR NEW BEDFORD BOYS IN GRADES 5-8 FROM LOW-INCOME FAMILIES.

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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 $2,891,365
Program Service Revenue $10,885
Investment Income $7,750
Other Revenue $6,614
TOTAL REVENUE $2,916,614

Expense Breakdown

Grants Paid $0
Salaries & Benefits $999,242
Fundraising Expenses $264,252
Program Expenses $1,182,632
Other Expenses $809,587
TOTAL EXPENSES $1,808,829

Year-over-Year Comparison

2024 2023 Change
Revenue $2,916,614 $1,241,160 +1.3%
Expenses $1,808,829 $1,403,629 +0.3%
Net Income $1,107,785 $-162,469 -7.8%
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

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Governance

Voting Members
20
Independent Members
20
Employees
19
Volunteers
100

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
5
$183,215
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD ROLLER CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL O'LEARY CLERK 1.00
Officer Director
$0 $0 $0
FREDERIC MOCK TREASURER 1.00
Officer Director
$0 $0 $0
CHARLIE FELLOWS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTINE LONG BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL SURPRENANT BOARD MEMBER 1.00
Director
$0 $0 $0
ED OTTENSMEYER BOARD MEMBER 1.00
Director
$0 $0 $0
FRANK BUDA BOARD MEMBER 1.00
Director
$0 $0 $0
GEOFF WORRELL BOARD MEMBER 1.00
Director
$0 $0 $0
HELEN BURKE-MONTAGUE BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER KAISER BOARD MEMBER 1.00
Director
$0 $0 $0
JIM FEENEY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN MANNIX BOARD MEMBER 1.00
Director
$0 $0 $0
LARRY OLIVEIRA BOARD MEMBER 1.00
Director
$0 $0 $0
RICK DASILVA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT LONG BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS QUINN BOARD MEMBER 1.00
Director
$0 $0 $0
TOM BEATON BOARD MEMBER 1.00
Director
$0 $0 $0
VALARIE SILVA BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM BULLARD BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES GOLDRICK PRINCIPAL 40.00
Officer
$88,220 $0 $88,220
CHRISTIAN GARRIS HEAD OF SCHOOL 40.00
Officer
$79,577 $15,418 $94,995
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 $2,916,614 $1,808,829 $5,324,955 $1,107,785
2024 $1,241,160 $1,403,629 $4,228,811 $-162,469
2023 $1,099,934 $1,364,073 $4,390,345 $-264,139
2022 $1,219,374 $1,269,988 $4,687,459 $-50,614
2021 $1,188,543 $1,124,242 $4,697,441 $64,301
2020 $1,013,994 $1,085,043 $4,854,003 $-71,049
2019 $1,350,142 $1,076,150 $4,906,083 $273,992
2018 $2,478,282 $1,121,422 $4,519,800 $1,356,860
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