Practical Learning Center (EIN 112928703) - 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

1983

Legal Domicile

Principal Officer

Netty M Brown

Phone

7182824200

Tax Period

2021-01-01 to 2021-12-31

Practical Learning Center, founded in 1983, is a small nonprofit that reported $913K in total revenue in fiscal year 2021. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $5.2M represent 69 months of operating reserves.

Mission

Elementary 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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $913,437

Investment Income $38

Other Revenue $0

TOTAL REVENUE $913,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $393,052

Fundraising Expenses $0

Program Expenses $851,472

Other Expenses $496,941

TOTAL EXPENSES $889,993

Year-over-Year Comparison

	2021	2020	Change
Revenue	$913,475	$813,098	+0.1%
Expenses	$889,993	$713,328	+0.2%
Net Income	$23,482	$99,770	-0.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melva Kennedy	Director	1.00	Director	$0	$0	$0
Lenford Lawes PhD	Board chair	1.00	Director	$0	$0	$0
Leroy Gordon	Fiscal Officer	1.00	Officer Director	$0	$0	$0
Miriam Prince	Secretary	1.00	Officer Director	$0	$0	$0
Netty M Brown	Exec. Director	10.00	Officer 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
2021	$913,475	$889,993	$5,225,580	$23,482
2020	$813,098	$713,328	$5,222,980	$99,770
2019	$1,102,890	$1,085,474	$5,217,900	$17,416
2018	$1,232,888	$1,313,483	$5,322,699	$-80,595

Practical Learning Center