NORTH HUDSON ACADEMY INC (EIN 222938377) - 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

1990

Legal Domicile

Principal Officer

DENNIS MCCARTHY

Phone

2015920904

Tax Period

2024-07-01 to 2025-06-30

NORTH HUDSON ACADEMY INC, founded in 1990, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2024. Expenses of $3.5M left a modest 6% surplus.

Mission

EDUCATION OF SPECIAL NEEDS 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,530,161

Investment Income $0

Other Revenue $200,000

TOTAL REVENUE $3,730,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,835,878

Fundraising Expenses $0

Program Expenses $3,066,879

Other Expenses $665,352

TOTAL EXPENSES $3,501,230

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,730,161	$3,557,217	+0.0%
Expenses	$3,501,230	$3,535,484	0.0%
Net Income	$228,931	$21,733	+9.5%

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

$595,776

Total Directors

$595,776

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS MCCARTHY	Executive Dir.	50.00	Officer Director	$264,492	$79,403	$343,895
MARIA FRAGOSO	Secretary	50.00	Officer Director	$188,197	$63,684	$251,881
ANTHONY RIVAS	BUSINESS MANAGER	50.00		$129,402	$49,758	$179,160
LAUREN McCARTHY	TEACHER	40.00		$101,965	$41,964	$143,929
CHRISTOPHER MCCARTHY	President	4.00	Officer 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	$3,730,161	$3,501,230	$1,527,117	$228,931
2024	$3,557,217	$3,535,484	$1,485,618	$21,733
2023	$3,446,339	$3,412,648	$1,832,497	$33,691
2022	$3,197,919	$3,206,413	$1,450,898	$-8,494
2021	$3,438,824	$3,460,650	$1,460,424	$-21,826
2020	$3,714,259	$3,689,686	$1,467,254	$24,573
2019	$3,565,333	$3,557,697	$1,308,327	$7,636
2018	$3,575,088	$3,567,985	$1,285,187	$7,103

NORTH HUDSON ACADEMY INC