THE STORM KING SCHOOL

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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

1928

Legal Domicile

Principal Officer

LISA SHAMBAUGH

Phone

8455347518

Tax Period

2024-07-01 to 2025-06-30

THE STORM KING SCHOOL, founded in 1928, is a mid-sized nonprofit in the Education sector that reported $13.6M in total revenue in fiscal year 2024. Expenses of $13.0M left a modest 4% surplus.

Mission

THE STORM KING SCHOOL, A GLOBAL COMMUNITY, PREPARES STUDENTS BY INSPIRING THEM TOWARD ACADEMIC SUCCESS AND CONFIDENCE IN AN INCLUSIVE AND DIVERSE LEARNING ENVIRONMENT THAT EMBRACES CHARACTER, BALANCE, AND TRUST.

Program Service Accomplishments

Program 1

Expenses: $10,311,763 Revenue: $11,905,990

ALL EXPENSES ARE INCURRED TO PROVIDE EDUCATION TO THE STUDENTS WHO ATTEND THE STORM KING SCHOOL. THE SCHOOL IS AN INSTITUTION RECOGNIZED BY THE NYS BOARD OF REGENTS AND PROVIDES EDUCATION TO...

ALL EXPENSES ARE INCURRED TO PROVIDE EDUCATION TO THE STUDENTS WHO ATTEND THE STORM KING SCHOOL. THE SCHOOL IS AN INSTITUTION RECOGNIZED BY THE NYS BOARD OF REGENTS AND PROVIDES EDUCATION TO APPROXIMATELY 176 BOARDING AND DAY STUDENTS IN GRADES 8 THROUGH 12.

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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 $889,431

Program Service Revenue $11,875,549

Investment Income $489,099

Other Revenue $352,793

TOTAL REVENUE $13,606,872

Expense Breakdown

Grants Paid $2,565,645

Salaries & Benefits $6,006,237

Fundraising Expenses $443,160

Program Expenses $10,311,763

Other Expenses $4,452,239

TOTAL EXPENSES $13,028,494

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,606,872	$12,877,569	+0.1%
Expenses	$13,028,494	$12,372,452	+0.1%
Net Income	$578,378	$505,117	+0.1%

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

$328,169

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT GINSBERG	CHAIR	4.00	Officer Director	$0	$0	$0
ROBERT DOCHERTY	FIRST VICE CHAIR	2.00	Officer Director	$0	$0	$0
KERRYANNE MONAHAN	SECOND VICE CHAIR	2.00	Officer Director	$0	$0	$0
SCOTT RUTTER	SECRETARY	2.00	Officer Director	$0	$0	$0
RICHARD GROSSMAN	THIRD VICE CHAIR	2.00	Officer Director	$0	$0	$0
CHRISTINE WATSON	TREASURER	2.00	Officer Director	$0	$0	$0
BRUCE HANSON	TRUSTEE	2.00	Director	$0	$0	$0
ROGER AUERBACHER	TRUSTEE	2.00	Director	$0	$0	$0
ILA BARTON	TRUSTEE	2.00	Director	$0	$0	$0
CHARLES CORDERO	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL FISCHER	TRUSTEE	2.00	Director	$0	$0	$0
JONATHAN FLORES	TRUSTEE	2.00	Director	$0	$0	$0
PETER FOX	TRUSTEE	2.00	Director	$0	$0	$0
KEN GOLDWASSER	TRUSTEE	2.00	Director	$0	$0	$0
NEIL NOVESKY	TRUSTEE	2.00	Director	$0	$0	$0
RAYMOND HECHT	ASSISTANT HEAD FOR FINANCE	50.00	Officer	$169,970	$16,181	$186,151
LISA SHAMBAUGH	HEAD OF SCHOOL (AS OF 07/24)	50.00	Officer	$107,585	$34,433	$142,018
MAREK PRAMUKA	ASSISTANT HEADMASTER FOR ADMISSIONS	50.00	Highest	$202,550	$65,557	$268,107
GLENNY TORRES	CONTROLLER	50.00	Highest	$101,167	$12,876	$114,043
EMILY COLE-CHU MACSWAIN	DEAN OF STUDENTS	50.00	Highest	$102,458	$61,177	$163,635
CINDY NEVILLE	DIRECTOR OF STUDENT HEALTH	50.00	Highest	$120,836	$13,724	$134,560

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	$13,606,872	$13,028,494	$17,678,353	$578,378
2024	$12,877,569	$12,372,452	$16,619,858	$505,117
2023	$11,707,226	$11,315,922	$16,375,642	$391,304
2022	$12,121,769	$11,430,721	$15,168,263	$691,048
2021	$12,277,317	$11,901,538	$17,765,703	$375,779
2020	$12,602,583	$11,428,774	$18,020,772	$1,173,809
2019	$11,994,707	$11,504,737	$17,406,848	$489,970