SHASTA SECONDARY HOME SCHOOL INC (EIN 200263574) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

MATTHEW WAHLMAN

Phone

5302452600

Tax Period

2024-07-01 to 2025-06-30

SHASTA SECONDARY HOME SCHOOL INC, founded in 2005, is a community nonprofit in the Education sector that reported $4.7M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $757K, a strong 16% operating margin.

Mission

OPERATE A PUBLIC CHARTER SCHOOL FOR NONCLASSROOM-BASED INSTRUCTION

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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 $4,475,668

Program Service Revenue $0

Investment Income $169,043

Other Revenue $41,737

TOTAL REVENUE $4,686,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,238,001

Fundraising Expenses $0

Program Expenses $3,765,998

Other Expenses $691,937

TOTAL EXPENSES $3,929,938

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,686,448	$4,242,979	+0.1%
Expenses	$3,929,938	$3,796,583	+0.0%
Net Income	$756,510	$446,396	+0.7%

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

$409,049

Total Directors

$116,644

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON PAINE	TEACHER / MEMBER & STAFF REP	41.00	Director	$101,195	$15,449	$116,644
LESLIE MACRAE	CHAIR	1.00	Officer Director	$0	$0	$0
DESIREE COMER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CARLIE HINDERSCHEID	MEMBER	1.00	Director	$0	$0	$0
JENNIFER WALTMAN	MEMBER	1.00	Director	$0	$0	$0
DON HESS	MEMBER	1.00	Director	$0	$0	$0
BENJAMIN CLAASSEN	DIRECTOR/CEO	40.00	Officer	$182,812	$30,555	$213,367
MATTHEW WAHLMAN	CBO/TREASURER & SECRETARY	40.00	Officer	$166,872	$28,810	$195,682
PATRICK BLOOM	TEACHER	40.00	Highest	$128,935	$18,907	$147,842
DAVID PIERCE	TEACHER	40.00	Highest	$129,142	$17,627	$146,769
CHAD ST JOHN	TEACHER	40.00	Highest	$110,499	$15,278	$125,777
CHRISTINA CHACON	TEACHER	40.00	Highest	$119,612	$18,089	$137,701
DEBBIE GRIGSBY	TEACHER	40.00	Highest	$111,850	$17,412	$129,262

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	$4,686,448	$3,929,938	$6,876,057	$756,510
2024	$4,242,979	$3,796,583	$6,133,571	$446,396
2023	$4,205,477	$3,595,386	$5,811,820	$610,091
2022	$3,132,282	$3,299,621	$5,386,358	$-167,339
2021	$3,324,676	$2,960,230	$5,986,576	$364,446
2020	$3,138,298	$2,990,164	$5,666,394	$148,134
2019	$2,945,829	$2,564,066	$5,892,664	$381,763
2018	$2,566,060	$2,318,348	$5,745,324	$247,712

SHASTA SECONDARY HOME SCHOOL INC