THE HUDSON SCHOOL

EIN: 222221017 501(c)(3)

HOBOKEN, NJ

Total Revenue
$8,316,207
Total Expenses
$8,249,394
Total Assets
$16,284,045
Net Assets
$8,325,895
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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
1978
Legal Domicile
NJ
Principal Officer
REBEKAH SOLLITTO
Phone
2016598335
Tax Period
2024-07-01 to 2025-06-30

THE HUDSON SCHOOL, founded in 1978, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE INTELLECTUALLY INQUISITIVE STUDENTS IN GRADES 5-12 WITH A RIGOROUS AND RELEVANT COLLEGEPREPARATORY EDUCATION THAT INSPIRES THINKING AND INTELLECTUAL RISKTAKING WITH THE GOAL OF DEVELOPING COMPASSIONATE, RESPONSIBLE, PRINCIPLED CITIZENS WHO ARE SOCIALLY CONSCIOUS AND COMMITTED TO LIFELONG LEARNING AND SERVICE.

Program Service Accomplishments

Program 1
Expenses: $6,500,689

INSTRUCTIONAL, EDUCATIONAL AND STUDENT ACTIVITIES PROVIDED TO STUDENTS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $543,149
Program Service Revenue $6,257,897
Investment Income $1,352,136
Other Revenue $163,025
TOTAL REVENUE $8,316,207

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,093,109
Fundraising Expenses $124,741
Program Expenses $6,500,689
Other Expenses $2,156,285
TOTAL EXPENSES $8,249,394

Year-over-Year Comparison

2024 2023 Change
Revenue $8,316,207 $5,596,534 +0.5%
Expenses $8,249,394 $6,792,326 +0.2%
Net Income $66,813 $-1,195,792 -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

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Governance

Voting Members
11
Independent Members
11
Employees
74
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
7
$375,000
Total Directors
12
$375,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBEKAH SOLLITTO HEAD OF SCHO 40.00
Officer Director
$351,582 $23,418 $375,000
FLORA EKPE-IDANG TRUSTEE 1.00
Director
$0 $0 $0
DANIEL J GANS PRESIDENT 2.00
Officer Director
$0 $0 $0
THOMAS HORAN TRUSTEE 1.00
Director
$0 $0 $0
ARNOLD LEWIS TREASURER 2.00
Officer Director
$0 $0 $0
PAUL O'DELL TREASURER 2.00
Officer Director
$0 $0 $0
LUISA PALACIOS TRUSTEE 1.00
Director
$0 $0 $0
MINALKUMAR PATEL VICE PRESIDE 2.00
Officer Director
$0 $0 $0
KOREY PETGRAVE TRUSTEE 1.00
Director
$0 $0 $0
MELISSA POPKOSKI SECRETARY 2.00
Officer Director
$0 $0 $0
CLIFFORD SONKIN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ZEMIN ZHANG 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
2025 $8,316,207 $8,249,394 $16,284,045 $66,813
2024 $5,596,534 $6,792,326 $12,139,098 $-1,195,792
2023 $4,503,407 $5,337,400 $12,297,653 $-833,993
2022 $4,872,336 $4,216,618 $12,745,444 $655,718
2021 $4,591,977 $3,925,515 $14,015,619 $666,462
2020 $4,706,790 $3,930,137 $11,822,798 $776,653
2019 $3,880,909 $3,843,956 $11,080,746 $36,953
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