ALTERNATIVE SCHOOLS INC (EIN 200962395) - 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

2004

Legal Domicile

Principal Officer

JOSEPH HERZOG

Phone

8187160771

Tax Period

2024-07-01 to 2025-06-30

ALTERNATIVE SCHOOLS INC, founded in 2004, is a community nonprofit in the Education sector that reported $7.0M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $6.7M left a modest 4% surplus.

Mission

A CHARTER SCHOOL HELPING EACH CHILD REACH HIS/HER FULLEST POTENTIAL.

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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 $6,547,188

Program Service Revenue $0

Investment Income $111,092

Other Revenue $321,430

TOTAL REVENUE $6,979,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,192,606

Fundraising Expenses $0

Program Expenses $5,924,985

Other Expenses $3,477,415

TOTAL EXPENSES $6,670,021

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,979,710	$7,493,653	-0.1%
Expenses	$6,670,021	$8,096,254	-0.2%
Net Income	$309,689	$-602,601	-1.5%

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

$258,078

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WYATT TRUSCHEIT	CFO	1.50	Officer Director	$0	$0	$0
STEVE HOCHMAN	BOARD CHAIRPERSON	1.50	Officer Director	$0	$0	$0
TYLER HISHMEH	VICE CHAIRPERSON & SECRETARY	1.50	Officer Director	$0	$0	$0
CHRIS GOMEBERG	DIRECTOR	1.50	Director	$0	$0	$0
DENNIS ZINE	DIRECTOR	1.50	Director	$0	$0	$0
JOSEPH HERZOG	EXECUTIVE DIRECTOR	40.00	Officer	$185,717	$72,361	$258,078
VICKORY STEIMAN	DEPUTY EXCEUTIVE DIRECTOR	40.00	Highest	$144,065	$44,366	$188,431
ANTRANIK EBKARIAN	TEACHER	40.00	Highest	$102,810	$32,762	$135,572
DMITRY KOGAN	ADMINISTRATIVE DEAN	40.00	Highest	$101,330	$29,173	$130,503

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	$6,979,710	$6,670,021	$34,082,362	$309,689
2024	$7,493,653	$8,096,254	$34,648,243	$-602,601
2023	$9,202,528	$9,154,292	$34,683,725	$48,236
2022	$9,840,691	$8,230,890	$7,410,731	$1,609,801
2021	$8,354,092	$7,200,844	$5,760,620	$1,153,248
2020	$7,389,131	$9,596,361	$5,338,366	$-2,207,230
2019	$12,281,927	$8,381,441	$5,762,177	$3,900,486
2018	$7,874,992	$7,491,950	$1,981,275	$383,042

ALTERNATIVE SCHOOLS INC