SARATOGA SPRINGS, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SARATOGA INDEPENDENT SCHOOL, founded in 1991, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $2.7M exceeded revenue, resulting in a 14% operating deficit.
SARATOGA INDEPENDENT SCHOOL IS A NEW YORK CHARTERED PRIVATE ELEMENTARY SCHOOL FOR CHILDREN IN PRESCHOOL THROUGH GRADE 8. THEIR MISSION IS TO EMPOWER STUDENTS TO BECOME CONFIDENT LEARNERS WHO ARE CAPABLE OF CRITICAL THINKING, PROBLEM SOLVING AND TEAMWORK. THEY STRIVE TO EQUIP STUDENTS WITH THE KNOWLEDGE AND SKILLS THEY WILL NEED TO SUCCEED IN AN INCREASINGLY COMPLEX WORLD, WHILE ENRICHING EACH DAY OF THEIR CHILDHOOD.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,402,964 | $2,721,590 | -0.1% |
| Expenses | $2,747,143 | $3,006,157 | -0.1% |
| Net Income | $-344,179 | $-284,567 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JASON BROOKS | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL BUCKLEY | PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ASHLEY BUDD | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ERICA FULLER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRANDON HIMOFF | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ADAM HOSTETTER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| THOMAS HUNT | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY HULIHAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SAMANTHA KERCULL | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAYNE KIRBER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER SMITH | VICE TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICK TOLOSKY | RISK MANAGEMENT CHAIR & FACILITIES CHAIR | 2.00 |
Director
|
$0 | $0 | $0 |
| ROBERT AHRENS | HEAD OF SCHOOL | 40.00 |
Officer
|
$142,352 | $12,776 | $155,128 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,402,964 | $2,747,143 | $4,162,542 | $-344,179 |
| 2024 | $2,721,590 | $3,006,157 | $4,546,609 | $-284,567 |
| 2023 | $2,585,351 | $2,704,010 | $4,900,851 | $-118,659 |
| 2022 | $2,558,665 | $2,620,604 | $4,993,765 | $-61,939 |
| 2021 | $2,149,046 | $2,019,045 | $5,237,381 | $130,001 |
| 2020 | $2,081,259 | $2,077,776 | $5,104,765 | $3,483 |
| 2019 | $2,376,001 | $1,660,644 | $5,081,898 | $715,357 |
Compare SARATOGA INDEPENDENT SCHOOL with other nonprofits in New York and across the country.