New London, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Interdistrict School for Arts and Communication Inc, founded in 1997, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $6.4M left a modest 8% surplus.
Interdistrict School for Arts and Communication (ISAAC) is an independent charter school that was founded in 1997. During the 2024-2025 school year, ISAAC expanded to include grade 4, in addition to serving grades 6-8, to identify and address student learning difficulties earlier. This expansion allows for timely interventions, stronger foundational skills, and continuity in instruction, particularly in literacy and math. Early data shows improved reading fluency, comprehension, and student engagement. ISAAC also introduced a flexible classroom approach, promoting student-centered learning through varied seating and collaborative workspaces. Aligned with ISAAC's motto, "Effort Creates Ability and All Students Can Succeed," these practices are supported by a rigorous, teacher-written curriculum, Interim Assessment Blocks, and daily math instruction for sixth graders to close achievement gaps. Partnerships with local organizations and the Anti-Defamation League's "No Place for Hate" prog
Interdistrict School for Arts and Communication (ISAAC) is an independent charter school that was founded in 1997. ISAAC serves students in grades six through eight and is the sole charter middle...
Interdistrict School for Arts and Communication (ISAAC) is an independent charter school that was founded in 1997. ISAAC serves students in grades six through eight and is the sole charter middle school in New London and southeastern Connecticut. ISAAC provides a safe, nurturing, and diverse middle school that delivers a highly rigorous curriculum that promotes effort through a positive mindset. ISAAC is focused on the motto all students can succeed with hard work and grit. The staff has written curriculum in a new common format and additional programs to identify learning gaps and social disparities to cultivate success for every student. ISAAC is committed to establishing equity for all students in terms of access to technology and transportation and providing engaging after-school programs that reflect cultural and athletic interests. ISAAC enjoys partnerships with local organizations such as the Mystic Seaport, Ivoryton Playhouse, United States Coast Guard Academy, Mitchell College, Project Oceanology, and Mystic Aquarium, to name a few. Furthermore, ISAAC has partnered with the Ant-Defamation League (ADL) to become a No Place for Hate school through its existing advisory program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $6,961,943 | $5,571,887 | +0.2% |
| Expenses | $6,411,163 | $5,556,025 | +0.2% |
| Net Income | $550,780 | $15,862 | +33.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dr Nicholas Spera | Executive Dir. | 40.00 |
Officer
|
$236,541 | $23,830 | $260,371 |
| William Linski | 190 Governor Winthrop Blvd. | 40.00 |
|
$147,499 | $4,397 | $151,896 |
| Tanya Collins | Interim Principal | 40.00 |
|
$137,231 | $4,090 | $141,321 |
| Amy Geary | Dir of Stu Support | 40.00 |
|
$121,111 | $3,600 | $124,711 |
| Erica Robb | Finance Dir | 40.00 |
Officer
|
$93,380 | $17,415 | $110,795 |
| Shannon Lougee | Director | 40.00 |
Director
|
$93,553 | $0 | $93,553 |
| Amanda Grundy | Director | 40.00 |
Director
|
$49,092 | $27,189 | $76,281 |
| Barbara Crouch | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Elizabeth Bumgardner | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| David Brailey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Leota Muller | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Richard Sanders | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kevin Booker Jr | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Bill Buscetto | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Spellman | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Muckle | Chairman | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $6,961,943 | $6,411,163 | $11,340,468 | $550,780 |
| 2024 | $5,571,887 | $5,556,025 | $9,673,821 | $15,862 |
| 2023 | $6,240,703 | $5,049,127 | $9,641,909 | $1,191,576 |
| 2022 | $5,193,651 | $5,014,638 | $7,124,461 | $179,013 |
| 2021 | $4,496,379 | $4,462,297 | $6,889,500 | $34,082 |
| 2020 | $4,547,583 | $4,371,670 | $6,396,837 | $175,913 |
| 2019 | $4,096,251 | $4,110,960 | $6,648,038 | $-14,709 |
| 2018 | $3,508,539 | $3,633,187 | $6,609,629 | $-124,648 |
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