OPEN SKY EDUCATION INC (EIN 205033694) - 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

2006

Legal Domicile

Principal Officer

JEREMY EHLERS

Phone

2625429546

Tax Period

2022-07-01 to 2023-06-30

OPEN SKY EDUCATION INC, founded in 2006, is a mid-sized nonprofit in the Education sector that reported $11.9M in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. Expenses of $11.3M left a modest 5% surplus.

Mission

OPEN SKY EDUCATION CREATES, SUPPORTS, LEADS, AND GROWS A FAMILY OF ORGANIZATIONS TO ENSURE A FULL AND LASTING EDUCATION IS ACCESSIBLE AND AFFORDABLE FOR ALL CHILDREN.

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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 (2022)

Revenue Breakdown

Contributions & Grants $852,000

Program Service Revenue $9,610,856

Investment Income $355,199

Other Revenue $1,084,172

TOTAL REVENUE $11,902,227

Expense Breakdown

Grants Paid $838,757

Salaries & Benefits $7,028,699

Fundraising Expenses $252,428

Program Expenses $9,982,700

Other Expenses $3,399,514

TOTAL EXPENSES $11,266,970

Year-over-Year Comparison

	2022	2021	Change
Revenue	$11,902,227	$14,397,416	-0.2%
Expenses	$11,266,970	$14,815,565	-0.2%
Net Income	$635,257	$-418,149	-2.5%

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

$1,169,382

Total Directors

$709,888

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW NEUMANN	EXECUTIVE CHAIR/CEO	40.00	Officer Director	$397,805	$22,603	$420,408
GLENN KIECKHAEFER	FORMER EXECUTIVE VICE PRESIDENT	40.00	Officer Director	$269,745	$19,735	$289,480
JAMES RAHN	BOARD CHAIR & SECRETARY	1.00	Officer Director	$0	$0	$0
MATTHEW BUROW	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL DEPIES	CHIEF OPERATING OFFICER	40.00	Officer	$229,962	$24,102	$254,064
JEREMY EHLERS	CHIEF FINANCIAL OFFICER	40.00	Officer	$184,831	$20,599	$205,430
ELLEN BARTLING	EXECUTIVE DIRECTOR WEST REGION	40.00	Highest	$163,493	$13,744	$177,237
SAMANTHA CUSTODIO	NATIONAL DIRECTOR OF TALENT	40.00	Highest	$164,534	$11,100	$175,634
KYLE ANDERSON	DIRECTOR OF STRATEGIC EDUCATION	40.00	Highest	$129,962	$25,558	$155,520
JACOB PREUS	DIRECTOR OF SOARING EDUCAT	40.00	Highest	$129,961	$25,529	$155,490
JODY OLSON	NATIONAL DIRECTOR OF ENROLLMENT	40.00	Highest	$152,328	$15,381	$167,709

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$11,902,227	$11,266,970	$20,198,472	$635,257
2022	$14,397,416	$14,815,565	$15,383,446	$-418,149
2021	$16,173,980	$14,115,312	$15,604,401	$2,058,668
2020	$11,796,093	$8,832,253	$17,839,598	$2,963,840
2019	$9,897,276	$9,624,131	$10,944,797	$273,145

OPEN SKY EDUCATION INC