North Star Charter School Inc (EIN 113643458) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Marcus Young

Phone

2089399600

Tax Period

2023-07-01 to 2024-06-30

North Star Charter School Inc, founded in 2003, is a community nonprofit in the Education sector that reported $9.9M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $9.4M left a modest 4% surplus.

Mission

Public Education.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,852,082

Program Service Revenue $0

Investment Income $20,821

Other Revenue $0

TOTAL REVENUE $9,872,903

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,072,276

Fundraising Expenses $0

Program Expenses $9,125,921

Other Expenses $3,373,241

TOTAL EXPENSES $9,445,517

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,872,903	$8,205,894	+0.2%
Expenses	$9,445,517	$9,370,833	+0.0%
Net Income	$427,386	$-1,164,939	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

187

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

$118,943

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andrew Horning	Administrator	40.00	Officer	$105,549	$13,394	$118,943
Marcus Young	Chair	1.00	Officer Director	$0	$0	$0
Keli Elledge	Member	1.00	Director	$0	$0	$0
Dave Dumas	Vice Chair	1.00	Officer Director	$0	$0	$0
Cherish Anderson	Secretary	1.00	Officer Director	$0	$0	$0
Michelle Van Beek	Member	1.00	Director	$0	$0	$0
Bryan Wheeler	Member	1.00	Director	$0	$0	$0
Paul Broadbent	Treasurer	1.00	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
2025	No data	No data	No data	No data
2024	$9,872,903	$9,445,517	$11,703,390	$427,386
2023	$8,205,894	$9,370,833	$11,000,793	$-1,164,939
2022	$7,718,110	$7,950,967	$10,472,701	$-232,857
2021	$7,808,961	$8,677,721	$10,299,166	$-868,760
2020	$7,959,983	$7,465,835	$9,501,366	$494,148
2019	$6,859,873	$7,256,975	$8,940,536	$-397,102
2018	$6,425,948	$6,887,508	$9,032,909	$-461,560

North Star Charter School Inc