Ocean State Montessori School Inc (EIN 050350697) - 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

1973

Legal Domicile

Principal Officer

Amy Andrews

Phone

4014346913

Tax Period

2023-07-01 to 2024-06-30

Ocean State Montessori School Inc, founded in 1973, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 11% surplus.

Mission

Education

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,730,383

Investment Income $58,819

Other Revenue $25,979

TOTAL REVENUE $1,815,181

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,276,206

Fundraising Expenses $0

Program Expenses $1,284,244

Other Expenses $340,712

TOTAL EXPENSES $1,616,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,815,181	$1,637,218	+0.1%
Expenses	$1,616,918	$1,491,839	+0.1%
Net Income	$198,263	$145,379	+0.4%

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

Employees

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

Total Directors

$126,282

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amy Andrews	Current Head of School	40.00	Director	$115,000	$11,282	$126,282
Matthew McGuire	President	2.00	Officer Director	$0	$0	$0
Joshua West	President - Elect	2.00	Officer Director	$0	$0	$0
Tom Seiter	Treasurer	2.00	Officer Director	$0	$0	$0
Jill Harrington	Secretary	2.00	Officer Director	$0	$0	$0
Jessica Shoaff	Director	2.00	Director	$0	$0	$0
Diana Decesaris Champa	Director	2.00	Director	$0	$0	$0
Laura Pleasants	Director	2.00	Director	$0	$0	$0
Dominic Pisano	Director	2.00	Director	$0	$0	$0
Debbie Butler	Director	2.00	Director	$0	$0	$0
Mark Booker	Director	2.00	Director	$0	$0	$0
Issa Ramaji	Director	2.00	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	No data	No data	No data	No data
2024	$1,815,181	$1,616,918	$2,313,720	$198,263
2023	$1,637,218	$1,491,839	$2,140,511	$145,379
2022	$1,703,175	$1,406,433	$2,087,275	$296,742
2021	$1,339,008	$1,316,264	$1,802,959	$22,744
2020	$1,405,374	$1,345,476	$1,759,200	$59,898
2019	$1,415,321	$1,257,360	$1,714,459	$157,961
2018	$1,224,328	$1,122,934	$1,559,895	$101,394

Ocean State Montessori School Inc