SCHOOL CHOICE OHIO INC (EIN 203130699) - 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

ERIC FRANK

Phone

6142231555

Tax Period

2023-01-01 to 2023-12-31

SCHOOL CHOICE OHIO INC, founded in 2005, is a small nonprofit in the Education sector that reported $877K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring.

Mission

SCHOOL CHOICE OHIO EDUCATES PARENTS ON THEIR EDUCATIONAL OPTIONS AND ADVOCATES FOR THE EXPANSION OF QUALITY OPTIONS FOR EVERY CHILD ON A STATE-WIDE BASIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $847,595

Program Service Revenue $0

Investment Income $29,443

Other Revenue $0

TOTAL REVENUE $877,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $521,086

Fundraising Expenses $3,024

Program Expenses $688,416

Other Expenses $388,279

TOTAL EXPENSES $909,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$877,038	$1,455,601	-0.4%
Expenses	$909,365	$813,067	+0.1%
Net Income	$-32,327	$642,534	-1.1%

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

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

$398,000

Total Directors

$398,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC FRANK	PRESIDENT	5.00	Officer Director	$290,000	$0	$290,000
DAN PETERS	TREASURER	2.00	Officer Director	$0	$0	$0
ANN RIDDLE	SECRETARY	1.00	Officer Director	$108,000	$0	$108,000
ADAM HEWIT	TRUSTEE	1.00	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
2024	No data	No data	No data	No data
2023	$877,038	$909,365	$1,053,506	$-32,327
2022	$1,455,601	$813,067	$1,147,499	$642,534
2021	$1,140,509	$890,741	$483,366	$249,768
2020	$1,112,368	$1,034,813	$187,081	$77,555
2019	$1,396,767	$1,368,011	$47,457	$28,756
2018	$327,884	$340,976	$17,353	$-13,092

SCHOOL CHOICE OHIO INC