ROCHESTER ARTS & SCIENCE ACADEMY F… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

NICHOLAS DOYLE

Phone

5072064646

Tax Period

2023-07-01 to 2024-06-30

ROCHESTER ARTS & SCIENCE ACADEMY FOUNDATION, founded in 2007, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

RASA AIMS TO DEVELOP ACTIVE LEARNERS, WELL ROUNDED INDIVIDUALS, AND ENGAGED WORLD CITIZENS. OUR TEACHERS CHANNEL CHILDREN'S NATURAL CURIOSITY TO DEVELOP LIFELONG INQUIRERS PREPARED TO THRIVE IN A DIVERSE WORLD. AS AN INTERNATIONAL BACCALAUREATE (IB) WORLD SCHOOL, WE EMBRACE THE IB MISSION AND EDUCATIONAL MODEL WHILE NURTURING INDIVIDUAL TALENTS AND INSPIRING ACADEMIC EXCELLENCE. WE ARE A CARING AND ACCEPTING COMMUNITY OFFERING FAMILIES AN UNPARALLELED EDUCATIONAL OPPORTUNITY FOR THEIR CHILDREN.

Program Service Accomplishments

Program 1

Expenses: $3,452,662 Revenue: $3,366,042

ROCHESTER ARTS AND SCIENCES ACADEMY FOUNDATION PROVIDES STUDENTS WITH AN INTERNATIONAL BACCALAUREATE BASED EDUCATION THAT DEVELOPS ACTIVE LEARNERS, WELL-ROUNDED INDIVIDUALS AND ENGAGED WORLD CITIZENS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $158,065

Program Service Revenue $3,366,042

Investment Income $9,868

Other Revenue $51,241

TOTAL REVENUE $3,585,216

Expense Breakdown

Grants Paid $44,500

Salaries & Benefits $2,327,978

Fundraising Expenses $33,707

Program Expenses $3,452,662

Other Expenses $1,388,246

TOTAL EXPENSES $3,760,724

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,585,216	$3,147,121	+0.1%
Expenses	$3,760,724	$2,784,983	+0.4%
Net Income	$-175,508	$362,138	-1.5%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$133,440

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAUL WARNER	PRESIDENT	2.00	Officer	$0	$0	$0
ELAINE STAGEBERG	VICE PRESIDE	2.00	Officer	$0	$0	$0
NICK POMPEIAN	TREASURER	2.00	Officer	$0	$0	$0
ERICA LOOMIS	CO-SECRETARY	2.00	Officer	$0	$0	$0
STEVE LOOMIS	CO-SECRETARY	2.00	Officer	$0	$0	$0
INGRID BERGSTROM	DIRECTOR	1.00	Director	$0	$0	$0
SARAH BOILSON	DIRECTOR	1.00	Director	$0	$0	$0
MARAL KENDARIAN	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN KREUTER	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE SUNNOCK	DIRECTOR	1.00	Director	$0	$0	$0
NICHOLAS DOYLE	PRINCIPAL	50.00	Officer	$133,440	$0	$133,440

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	$3,585,216	$3,760,724	$5,968,208	$-175,508
2023	$3,147,121	$2,784,983	$1,353,309	$362,138
2022	$2,200,488	$1,870,752	$1,020,598	$329,736
2021	$1,668,641	$1,395,447	$620,527	$273,194
2020	$1,320,793	$1,343,764	$493,206	$-22,971
2019	$1,125,384	$1,168,029	$370,478	$-42,645

ROCHESTER ARTS & SCIENCE ACADEMY FOUNDATION