A PUBLIC SCHOOL OF CHOICE (EIN 043753649) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

LINDSEY SEALY

Phone

9196446272

Tax Period

2024-07-01 to 2025-06-30

A PUBLIC SCHOOL OF CHOICE, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $11.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $10.7M left a modest 4% surplus.

Mission

OPERATION OF A NORTH CAROLINA PUBLIC CHARTER SCHOOL

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,587,750

Program Service Revenue $369,580

Investment Income $25,423

Other Revenue $117,069

TOTAL REVENUE $11,099,822

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,740,865

Fundraising Expenses $0

Program Expenses $7,840,570

Other Expenses $2,923,675

TOTAL EXPENSES $10,664,540

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,099,822	$10,200,934	+0.1%
Expenses	$10,664,540	$10,147,519	+0.1%
Net Income	$435,282	$53,415	+7.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

138

Volunteers

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

$128,851

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE NAGEL	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
JEREMY GREENE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
SABRINA KORDYS	TREASURER	2.00	Officer Director	$0	$0	$0
MARGARET BARR	SECRETARY	2.00	Officer Director	$0	$0	$0
ADAM HABER	COMMUNITY SEAT	1.00	Officer Director	$0	$0	$0
CHARLOTTE DUNGAN	PARENT SEAT	1.00	Officer Director	$0	$0	$0
PAMELA NORCROSS	PARENT SEAT	1.00	Officer Director	$0	$0	$0
LINDSEY SEALY	EXECUTIVE DIRECTOR	40.00	Officer	$128,851	$0	$128,851
KRISTIN MARTIN	PRINCIPAL	40.00	Highest	$101,737	$0	$101,737

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	$11,099,822	$10,664,540	$12,722,848	$435,282
2024	$10,200,934	$10,147,519	$11,326,031	$53,415
2023	$9,447,413	$9,003,245	$10,765,696	$444,168
2022	$8,852,436	$8,484,388	$9,848,535	$368,048
2021	$8,390,912	$8,280,797	$10,068,669	$110,115
2020	$7,697,455	$8,105,072	$7,889,857	$-407,617

A PUBLIC SCHOOL OF CHOICE