THE FUND FOR PUBLIC SCHOOLS INC (EIN 112656137) - 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

1982

Legal Domicile

Principal Officer

ANDY KAPLAN

Phone

2123742874

Tax Period

2023-07-01 to 2024-06-30

THE FUND FOR PUBLIC SCHOOLS INC, founded in 1982, is a mid-sized nonprofit that reported $44.6M in total revenue in fiscal year 2023. Revenue surged 43% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.6M, a strong 21% operating margin.

Mission

THE FUND FOR PUBLIC SCHOOLS IS DEDICATED TO SUPPORTING NEW YORK CITY'S PUBLIC SCHOOLS.

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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 $42,806,815

Program Service Revenue $0

Investment Income $1,817,830

Other Revenue $0

TOTAL REVENUE $44,624,645

Expense Breakdown

Grants Paid $33,651,665

Salaries & Benefits $1,005,391

Fundraising Expenses $592,306

Program Expenses $33,651,665

Other Expenses $413,091

TOTAL EXPENSES $35,070,147

Year-over-Year Comparison

	2023	2022	Change
Revenue	$44,624,645	$31,208,732	+0.4%
Expenses	$35,070,147	$24,951,045	+0.4%
Net Income	$9,554,498	$6,257,687	+0.5%

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

N/A

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

$579,654

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BANKS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
DENNIS WILLIAMS	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ANDY KAPLAN	TREASURER	2.00	Officer Director	$0	$0	$0
KATHRYN WYLDE	SECRETARY	2.00	Officer Director	$0	$0	$0
AYAH BDEIR	MEMBER	2.00	Director	$0	$0	$0
JONATHAN D HARBER	MEMBER	2.00	Director	$0	$0	$0
FRED WILSON	MEMBER	2.00	Director	$0	$0	$0
CHRIS EMDIN	MEMBER	2.00	Director	$0	$0	$0
STEPHEN COCKRELL	CEO	35.00	Officer	$214,370	$29,897	$244,267
AURELIA HOGAN	CHIEF OF STAFF	35.00	Officer	$149,478	$8,752	$158,230
ALVIN SINCKLER	CFO	35.00	Officer	$156,112	$21,045	$177,157
MARGARET S DOLLAN	CHIEF DEVELOPMENT OFFICER	35.00	Highest	$152,798	$8,414	$161,212

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	$44,624,645	$35,070,147	$66,572,563	$9,554,498
2023	$31,208,732	$24,951,045	$57,546,590	$6,257,687
2023	$31,208,732	$24,951,045	$57,546,590	$6,257,687
2022	$13,679,524	$23,073,963	$50,194,104	$-9,394,439
2021	$27,701,638	$38,997,307	$69,123,846	$-11,295,669
2020	$45,589,166	$12,972,486	$67,061,936	$32,616,680
2019	$19,356,663	$15,076,578	$35,764,751	$4,280,085
2018	$10,105,725	$15,860,738	$29,560,101	$-5,755,013

THE FUND FOR PUBLIC SCHOOLS INC