SCHOOL SETTLEMENT ASSOCIATION INC (EIN 111646304) - 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

1906

Legal Domicile

Principal Officer

JOHN D'ARIENZO

Phone

7183885454

Tax Period

2023-01-01 to 2023-12-31

SCHOOL SETTLEMENT ASSOCIATION INC, founded in 1906, is a community nonprofit in the Crime & Legal sector that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

COMMUNITY BASED SOCIAL SERVICE AGENCY WHICH PROVIDES SERVICE TO CHILDREN, TEENAGERS AND ADULTS IN BROOKLYN, NY

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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 $2,703,549

Program Service Revenue $162,816

Investment Income $127

Other Revenue $65,773

TOTAL REVENUE $2,932,265

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,928,086

Fundraising Expenses $0

Program Expenses $2,923,931

Other Expenses $1,006,929

TOTAL EXPENSES $2,935,015

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,932,265	$2,495,324	+0.2%
Expenses	$2,935,015	$2,445,241	+0.2%
Net Income	$-2,750	$50,083	-1.1%

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

116

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

$758,636

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FELICIA PECORARO	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
JOHN D'ARIENZO	PRESIDENT	0.50	Officer Director	$0	$0	$0
LISA SUMMA	MEMBER	0.50	Director	$0	$0	$0
CINDY ROSS	DIRECTOR OF FINANCE	4.26	Officer	$0	$54,779	$321,989
MICHAEL ROCHFORD	EXECUTIVE DIRECTOR	7.33	Officer	$0	$54,236	$436,647
DEBRA SUE LORENZEN	DIR OF YOUTH AND FAMILY SERVICES	3.80	Highest	$22,538	$50,485	$258,142

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
2024	No data	No data	No data	No data
2023	$2,932,265	$2,935,015	$1,278,177	$-2,750
2022	$2,495,324	$2,445,241	$1,365,257	$50,083
2021	$1,662,712	$1,569,218	$1,244,390	$93,494
2020	$1,341,895	$1,357,415	$1,169,688	$-15,520
2019	$1,419,917	$1,451,204	$1,065,554	$-31,287
2018	$1,601,262	$1,491,740	$1,145,809	$109,522

SCHOOL SETTLEMENT ASSOCIATION INC