PARENT TEACHER ASSOCIATION OF PS 261 (EIN 113134458) - 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

1996

Legal Domicile

Phone

7183309275

Tax Period

2024-07-01 to 2025-06-30

PARENT TEACHER ASSOCIATION OF PS 261, founded in 1996, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024.

Mission

PTA OF P.S. 261 PROVIDES A HIGH QUALITY, AFFORDABLE AND DIVERSE AFTER SCHOOL PROGRAM FOR ALL PARTICIPATING CHILDREN, FEATURING AN ARRAY OF AGE APPROPRIATE PROGRAM OPTIONS THAT REFLECT CHILDREN'S INTEREST.

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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 (2024)

Revenue Breakdown

Contributions & Grants $91,836

Program Service Revenue $1,136,389

Investment Income $0

Other Revenue $110,077

TOTAL REVENUE $1,338,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $864,881

Fundraising Expenses $770

Program Expenses $1,316,655

Other Expenses $497,514

TOTAL EXPENSES $1,362,395

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,338,302	$1,348,876	0.0%
Expenses	$1,362,395	$1,252,936	+0.1%
Net Income	$-24,093	$95,940	-1.3%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT PATRICK	President	10.00	Officer	$0	$0	$0
DAVID GONZALES	Treasurer	2.00	Officer	$0	$0	$0
WHITNEY DANGERFIELD	Secretary	3.00	Officer	$0	$0	$0
CHRISTINE CHANG	A S CO-CHAIR	5.00	Officer	$0	$0	$0
JEN SONG	A S CO-CHAIR	5.00	Officer	$0	$0	$0
JOSEPH ANZALONE	A S TREASURER	2.00	Officer	$0	$0	$0
NICK COSTA	A S TREASURER	2.00	Officer	$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	$1,338,302	$1,362,395	$282,980	$-24,093
2024	$1,348,876	$1,252,936	$308,754	$95,940
2023	$1,096,871	$1,141,998	$205,184	$-45,127
2022	$925,956	$839,390	$252,486	$86,566
2021	$290,749	$304,633	$175,688	$-13,884
2020	$883,320	$861,346	$186,126	$21,974
2019	$1,184,334	$1,043,277	$183,463	$141,057
2018	$982,400	$1,111,283	$54,503	$-128,883

PARENT TEACHER ASSOCIATION OF PS 261