School Facility Development Inc (EIN 200399601) - 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

2003

Legal Domicile

Principal Officer

Janine Fisher

Phone

4124783132

Tax Period

2024-07-01 to 2025-06-30

School Facility Development Inc, founded in 2003, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. The organization ran a surplus of $628K, a strong 32% operating margin.

Mission

Rental of school facilities to nonprofit charter schools

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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 $0

Program Service Revenue $1,888,140

Investment Income $75,061

Other Revenue $0

TOTAL REVENUE $1,963,201

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,335,451

Other Expenses $1,315,451

TOTAL EXPENSES $1,335,451

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,963,201	$1,995,395	0.0%
Expenses	$1,335,451	$1,329,646	+0.0%
Net Income	$627,750	$665,749	-0.1%

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

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
Jose Raymundo	Secretary	1.00	Officer Director	$0	$0	$0
Rick Swartz	Treasurer	1.00	Officer Director	$0	$0	$0
Justin Blashock	Vice President	1.00	Officer Director	$0	$0	$0
Janine Fisher	President	1.00	Officer Director	$0	$0	$0
Sean M Daru	Vice President	1.00	Officer 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	$1,963,201	$1,335,451	$18,892,426	$627,750
2024	$1,995,395	$1,329,646	$19,399,697	$665,749
2023	$2,007,230	$1,361,889	$19,999,223	$645,341
2022	$713,994	$1,898,060	$20,528,184	$-1,184,066
2021	$3,714,095	$2,699,050	$35,992,617	$1,015,045
2020	$2,557,672	$2,839,798	$36,935,354	$-282,126
2019	$3,304,704	$2,651,239	$39,203,954	$653,465
2018	$3,057,605	$2,519,649	$36,266,459	$537,956

School Facility Development Inc