NICHOLS SCHOOL OF BUFFALO (EIN 160755808) - 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

1892

Legal Domicile

Principal Officer

DANIEL DOLAN

Phone

7163326300

Tax Period

2023-07-01 to 2024-06-30

NICHOLS SCHOOL OF BUFFALO, founded in 1892, is a mid-sized nonprofit in the Education sector that reported $23.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $100.8M represent 52 months of operating reserves.

Mission

PRIVATE CO-EDUCATIONAL SECONDARY SCHOOL SERVING GRADES 5-12 WITH A 2023-24 ENROLLMENT OF 582 STUDENTS.

🔒

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 $3,007,543

Program Service Revenue $17,587,327

Investment Income $2,159,379

Other Revenue $321,021

TOTAL REVENUE $23,075,270

Expense Breakdown

Grants Paid $4,890,938

Salaries & Benefits $11,277,806

Fundraising Expenses $1,500,095

Program Expenses $18,929,384

Other Expenses $6,554,055

TOTAL EXPENSES $22,722,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,075,270	$20,989,636	+0.1%
Expenses	$22,722,799	$21,543,495	+0.1%
Net Income	$352,471	$-553,859	-1.6%

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

232

Volunteers

125

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

$695,169

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEODORE BK WALSH	CHAIR	2.00	Officer Director	$0	$0	$0
MONTGOMERY POOLEY	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
ALYSON SPAULDING	VICE-CHAIR	2.00	Officer Director	$0	$0	$0
ANDREW FORS	TREASURER	2.00	Officer Director	$0	$0	$0
KRISTAN CARLSON ANDERSEN	SECRETARY	2.00	Officer Director	$0	$0	$0
MELISSA BALBACH	TRUSTEE	2.00	Director	$0	$0	$0
JONATHON BLUMHAGEN	TRUSTEE	2.00	Director	$0	$0	$0
MARAGARET BOSCARINO	TRUSTEE	2.00	Director	$0	$0	$0
THOMAS CHAMBERS	TRUSTEE	2.00	Director	$0	$0	$0
JODI PRISELAC DE RISZNER	TRUSTEE	2.00	Director	$0	$0	$0
GREGORY DESAUTELS	TRUSTEE	2.00	Director	$0	$0	$0
BRIGID DOHERTY	TRUSTEE	2.00	Director	$0	$0	$0
SONJA GALLEN-KALLELA-SIREN	TRUSTEE	2.00	Director	$0	$0	$0
COLLEEN HEIDINGER	TRUSTEE	2.00	Director	$0	$0	$0
LISA JACKSON	TRUSTEE	2.00	Director	$0	$0	$0
GEORGE T LAUB	TRUSTEE	2.00	Director	$0	$0	$0
BRIDGET LETT	TRUSTEE	2.00	Director	$0	$0	$0
MATTHEW D MILLER	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL F NEWMAN	TRUSTEE	2.00	Director	$0	$0	$0
BONNIE PADWA	TRUSTEE	2.00	Director	$0	$0	$0
SCOTT SOCHA	TRUSTEE	2.00	Director	$0	$0	$0
NICHOLAS TZETZO	TRUSTEE	2.00	Director	$0	$0	$0
CYNTHIA VANCE	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTOPHER D BURNER	HEAD OF SCHOOL	50.00	Officer	$418,730	$42,638	$461,368
DANIEL DOLAN	CHIEF FINANCIAL OFFICER	50.00	Officer	$197,313	$36,488	$233,801
LESLIE GARCIA	ASST HEAD OF SCHOOL - ADVANCEMENT	50.00	Highest	$157,399	$19,696	$177,095
PETER WICKMAN	DEAN OF ENROLLMENT	50.00	Highest	$147,909	$13,552	$161,461
ARANYA MARITIME	DEAN OF ACADEMICS	50.00	Highest	$126,222	$7,528	$133,750
MICHAEL SULLIVAN	DIRECTOR OF TECHNOLOGY	50.00	Highest	$123,466	$6,519	$129,985
ROBERT STEWART	DIRECTOR OF ATHLETICS	50.00	Highest	$114,423	$27,941	$142,364

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	$23,075,270	$22,722,799	$108,711,314	$352,471
2023	$20,989,636	$21,543,495	$103,494,019	$-553,859
2022	$33,650,078	$20,282,166	$98,993,345	$13,367,912
2021	$42,213,694	$18,835,830	$102,003,479	$23,377,864
2020	$19,092,147	$17,304,870	$76,188,863	$1,787,277
2019	$19,378,722	$17,163,628	$73,611,341	$2,215,094
2018	$19,818,127	$18,096,770	$69,305,557	$1,721,357

NICHOLS SCHOOL OF BUFFALO