THE TOWN SCHOOL INC (EIN 131393610) - 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

1913

Legal Domicile

Principal Officer

DOUGLAS BROPHY

Phone

2122884383

Tax Period

2023-09-01 to 2024-08-31

THE TOWN SCHOOL INC, founded in 1913, is a mid-sized nonprofit that reported $23.1M in total revenue in fiscal year 2023. Net assets of $65.6M represent 34 months of operating reserves.

Mission

THE TOWN SCHOOL IS COMMITTED TO ELEMENTARY COEDUCATION, SERVING STUDENTS IN NURSERY THROUGH EIGHTH GRADE. AS WE EMBRACE HIGH ACADEMIC AND ETHICAL STANDARDS FOR EACH STUDENT, WE ARE GUIDED BY OUR SCHOOL MOTTO, "LET THERE BE JOY IN LEARNING." TOWN'S PROGRAM BALANCES THE TRADITIONAL AND THE INNOVATIVE, EMPHASIZING EXCELLENCE IN ACADEMICS AND A THOROUGH EXPOSURE TO THE ARTS AND PHYSICAL EDUCATION. WE TEACH CHILDREN TO THINK CREATIVELY, READ CRITICALLY AND REASON LOGICALLY, STRESSING THE VALUE OF BOTH INDIVIDUAL LEARNING AND COLLABORATION. WE ARE COMMITTED TO DIVERSITY, TEACHING STUDENTS TO BE INCLUSIVE AND TO RESPECT THEMSELVES AND OTHERS. STUDENTS LEAVE TOWN AS WELL-ROUNDED, ARTICULATE, RESILIENT AND MORALLY RESPONSIBLE INDIVIDUALS. THEY ARE PREPARED TO MEET THE CHALLENGES OF A DEMANDING SECONDARY EDUCATION AND CONTINUE ON THE PATH OF LIFELONG LEARNING.

🔒

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 $2,490,826

Program Service Revenue $18,528,269

Investment Income $1,491,915

Other Revenue $585,912

TOTAL REVENUE $23,096,922

Expense Breakdown

Grants Paid $4,258,400

Salaries & Benefits $14,275,903

Fundraising Expenses $1,179,110

Program Expenses $20,458,018

Other Expenses $5,305,300

TOTAL EXPENSES $24,337,870

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,096,922	$22,268,697	+0.0%
Expenses	$24,337,870	$23,337,146	+0.0%
Net Income	$-1,240,948	$-1,068,449	+0.2%

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

145

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

$1,196,188

Total Directors

$1,065,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ADA KARCZMER	TRUSTEE (INCOMING 7/1/24)	1.00	Director	$0	$0	$0
ALISON HUNTER	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW HOFER	TREASURER	5.00	Officer Director	$0	$0	$0
AVA COLLINS	FACULTY TRUSTEE	40.00	Director	$97,853	$25,192	$123,045
CHARYL PITTS-HOWARD	TRUSTEE (INCOMING 7/1/24)	1.00	Director	$0	$0	$0
DANA LADDEN	TRUSTEE (OUTGOING 6/30/24)	1.00	Director	$0	$0	$0
DANIEL SCHUBERT	SECRETARY	5.00	Officer Director	$0	$0	$0
DOUGLAS BROPHY	HEAD OF SCHOOL	40.00	Officer Director	$573,162	$211,626	$784,788
GRACE KO	TRUSTEE	1.00	Director	$0	$0	$0
ISABEL ESTRADA	TRUSTEE	1.00	Director	$0	$0	$0
J PATRICK BENNETT	TRUSTEE	1.00	Director	$0	$0	$0
JACQUELINE Y PELZER	TRUSTEE	1.00	Director	$0	$0	$0
JAMIESON ODELL	CO-CHAIR	5.00	Officer Director	$0	$0	$0
JENNIFER ROTHBERG	TRUSTEE	1.00	Director	$0	$0	$0
JONATHAN IGER	TRUSTEE	1.00	Director	$0	$0	$0
JOSHUA HELFAT	TRUSTEE	1.00	Director	$0	$0	$0
LEON DEAN	TRUSTEE	1.00	Director	$0	$0	$0
MELKIS BAEZ	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL CUMMINS	TRUSTEE	1.00	Director	$0	$0	$0
NALEDI SEMELA	TRUSTEE	1.00	Director	$0	$0	$0
PAULA MCGLARRY	CO-CHAIR	5.00	Officer Director	$0	$0	$0
RENE FLORVILLE	TRUSTEE (OUTGOING 6/30/24)	1.00	Director	$0	$0	$0
RESHAN RICHARDS	TRUSTEE	1.00	Director	$0	$0	$0
VALERIE ANTOINE-GUSTAVE	TRUSTEE (INCOMING 7/1/24)	1.00	Director	$0	$0	$0
VALERIE RUSSO	TRUSTEE	1.00	Director	$0	$0	$0
YUKO MA KENNEALLY	FACULTY TRUSTEE	40.00	Director	$116,481	$40,801	$157,282
ZAINAB MILLER	VICE CHAIR	5.00	Officer Director	$0	$0	$0
GARY MUI	DIRECTOR OF FINANCE	40.00	Officer	$78,149	$29,105	$107,254
JASON BOSSART	CHIEF OPERATING OFFICER	40.00	Officer	$272,706	$31,440	$304,146
ALISON VASIOS FLANNERY	HEAD OF NURSERY-KINDER	40.00	Highest	$179,309	$19,242	$198,551
BETHANY STALLINGS	DIR. OF ATHLETICS & PHYSICAL ED.	40.00	Highest	$184,937	$30,419	$215,356
CHLOE GIRY	DIRECTOR OF ADM. & ENROLLMENT	40.00	Highest	$181,390	$11,905	$193,295
DAVID WOOD	HEAD OF LOWER SCHOOL	40.00	Highest	$189,350	$65,943	$255,293
PHILIP C BIEN	DIRECTOR INSTITUTIONAL ADV	40.00	Highest	$174,167	$40,043	$214,210

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	$23,096,922	$24,337,870	$74,890,753	$-1,240,948
2023	$22,268,697	$23,337,146	$68,721,382	$-1,068,449
2022	$25,437,632	$23,110,601	$66,101,816	$2,327,031
2021	$24,607,785	$22,500,492	$73,071,472	$2,107,293
2020	$21,334,646	$22,252,536	$65,185,875	$-917,890
2019	$20,774,509	$22,351,826	$59,457,929	$-1,577,317
2018	$20,424,632	$21,423,654	$60,356,478	$-999,022

THE TOWN SCHOOL INC