PITTSTON AREA SCHOOL DISTRICT EDUCATIONAL IMPROVEMENT TAX CREDIT (EIN 161734997) - 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

2005

Legal Domicile

Principal Officer

KEVIN BOOTH

Phone

5706542415

Tax Period

2024-07-01 to 2025-06-30

PITTSTON AREA SCHOOL DISTRICT EDUCATIONAL IMPROVEMENT TAX CREDIT, founded in 2005, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2024. Revenue surged 59% from the prior year, signaling strong growth momentum. Expenses of $72K exceeded revenue, resulting in a 74% operating deficit.

Mission

EDUCATIONAL AND SCIENTIFIC PURPOSES

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $41,217

Program Service Revenue $0

Investment Income $32

Other Revenue $0

TOTAL REVENUE $41,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,922

Other Expenses $71,922

TOTAL EXPENSES $71,922

Year-over-Year Comparison

	2024	2023	Change
Revenue	$41,249	$25,977	+0.6%
Expenses	$71,922	$65,688	+0.1%
Net Income	$-30,673	$-39,711	-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

N/A

Employees

N/A

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
KEVIN BOOTH	PRESIDENT	N/A	Officer	$0	$0	$0
JOHN DONAHUE	TREASURER	N/A	Officer	$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	$41,249	$71,922	$12,181	$-30,673
2024	$25,977	$65,688	$42,554	$-39,711
2023	$36,343	$107,443	$82,897	$-71,100
2022	$12,708	$97,262	$153,393	$-84,554
2021	$209,055	$76,294	$253,349	$132,761
2019	$200,194	$172,455	$374,075	$27,739
2018	$202,132	$160,518	$405,671	$41,614

PITTSTON AREA SCHOOL DISTRICT EDUCATIONAL IMPROVEMENT TAX CREDIT