BRIGHTER CHOICE ELEMENTARY CHARTER SCHOOLS (EIN 141830896) - 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

2001

Legal Domicile

Principal Officer

MARTHA SNYDER

Phone

5186944100

Tax Period

2023-07-01 to 2024-06-30

BRIGHTER CHOICE ELEMENTARY CHARTER SCHOOLS, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $13.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.6M, a strong 20% operating margin.

Mission

PROVIDE QUALITY EDUCATIONAL ALTERNATIVE FOR AT-RISK ELEMENTARY STUDENTS IN ALBANY, NY.

🔒

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 $3,240,866

Program Service Revenue $9,525,146

Investment Income $455,717

Other Revenue $1,632

TOTAL REVENUE $13,223,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,363,681

Fundraising Expenses $0

Program Expenses $8,851,245

Other Expenses $4,224,861

TOTAL EXPENSES $10,588,542

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,223,361	$11,303,408	+0.2%
Expenses	$10,588,542	$10,066,152	+0.1%
Net Income	$2,634,819	$1,237,256	+1.1%

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

126

Volunteers

N/A

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
MARTHA SNYDER	CHAIR	2.00	Officer Director	$0	$0	$0
TRUDY HAMNER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ZOE NELSON	SECRETARY	1.00	Officer Director	$0	$0	$0
NILSA VELILLA	TRUSTEE	1.00	Director	$0	$0	$0
NOAH CLEMENT	TRUSTEE	1.00	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	$13,223,361	$10,588,542	$22,183,573	$2,634,819
2023	$11,303,408	$10,066,152	$20,247,250	$1,237,256
2022	$10,972,851	$10,263,065	$20,027,387	$709,786
2020	$5,319,765	$4,512,207	$10,437,244	$807,558
2019	$5,295,430	$4,751,491	$9,466,780	$543,939

BRIGHTER CHOICE ELEMENTARY CHARTER SCHOOLS