FRIENDS SCHOOL CORPORATION (EIN 221903166) - Form 990 Financial Analysis & Trantor Score

🔒

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

1969

Legal Domicile

Principal Officer

MATTHEW BRADLEY

Phone

8564782908

Tax Period

2023-08-01 to 2024-07-31

FRIENDS SCHOOL CORPORATION, founded in 1969, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023.

Mission

FRIENDS SCHOOL IS AN INDEPENDENT, COEDUCATIONAL, QUAKER DAY SCHOOL.

🔒

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 $75,027

Program Service Revenue $4,167,196

Investment Income $31,675

Other Revenue $77,210

TOTAL REVENUE $4,351,108

Expense Breakdown

Grants Paid $900,296

Salaries & Benefits $2,283,232

Fundraising Expenses $97,105

Program Expenses $3,399,434

Other Expenses $1,245,441

TOTAL EXPENSES $4,428,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,351,108	$4,192,825	+0.0%
Expenses	$4,428,969	$4,198,347	+0.1%
Net Income	$-77,861	$-5,522	+13.1%

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

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

$181,373

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN W JONES	TRUSTEE	2.00	Director	$0	$0	$0
VICTORIA KUHN	TRUSTEE	2.00	Director	$0	$0	$0
HANSHI DESHBANDHU	TRUSTEE	2.00	Director	$0	$0	$0
KATHLEEN STETSER	TRUSTEE	2.00	Director	$0	$0	$0
MIKE AYARS	TEASURER AND ASSETS COMMIT	2.00	Officer Director	$0	$0	$0
CORI MCMAHON	BOARD CLERK	2.00	Director	$0	$0	$0
SYDNEY BURNS	RECORDING CLERK	2.00	Director	$0	$0	$0
MONIKA WILLIAMS SHEALEY	TRUSTEE	2.00	Director	$0	$0	$0
DAVID CALAMARO	TRUSTEE	2.00	Director	$0	$0	$0
STEVE WADDINGTON	TRUSTEESHIP CLERK	2.00	Director	$0	$0	$0
ALEXANDRA BENAS	TRUSTEE	2.00	Director	$0	$0	$0
JENEL GILES	TRUSTEE	2.00	Director	$0	$0	$0
MELISSA MCCOURT	TRUSTEE	2.00	Director	$0	$0	$0
MATTHEW BRADLEY	HEAD OF SCHOOL	40.00	Officer	$166,666	$14,707	$181,373

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	$4,351,108	$4,428,969	$5,955,315	$-77,861
2023	$4,192,825	$4,198,347	$5,934,480	$-5,522
2022	$4,696,625	$3,902,534	$5,765,648	$794,091
2021	$3,597,148	$3,593,321	$4,620,881	$3,827
2020	$3,239,410	$3,630,675	$4,263,339	$-391,265
2019	$2,121,584	$2,516,635	$4,535,249	$-395,051
2018	$1,992,314	$2,326,065	$4,785,657	$-333,751

FRIENDS SCHOOL CORPORATION