RED BANK CHARTER SCHOOL FOUNDATION (EIN 223775243) - 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

2017

Phone

7325308100

Tax Period

2024-07-01 to 2025-06-30

RED BANK CHARTER SCHOOL FOUNDATION, founded in 2017, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $38K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $107K exceeded revenue, resulting in a 179% operating deficit.

Mission

OUR MISSION IS TO SUPPORT THE RED BANK CHARTER SCHOOL IN FULFILLING ITS EDUCATIONAL PURPOSES OF PROVIDING AN EDUCATION TO THE STUDENTS OF RBCS AND IN MEETING THE EDUCATION NEEDS OF THE COMMUNITY AT LARGE.

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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 $34,906

Program Service Revenue $0

Investment Income $3,311

Other Revenue $0

TOTAL REVENUE $38,217

Expense Breakdown

Grants Paid $95,869

Salaries & Benefits $0

Fundraising Expenses $10,376

Program Expenses $95,869

Other Expenses $10,862

TOTAL EXPENSES $106,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$38,217	$28,055	+0.4%
Expenses	$106,731	$4,823	+21.1%
Net Income	$-68,514	$23,232	-3.9%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY LYNCH	Board Member	5.00	Director	$0	$0	$0
MEREDITH PENNOTTI	Board Member	5.00	Director	$0	$0	$0
LISA BOPP	President	5.00	Officer	$0	$0	$0
NICOLE TAETSCH	Secretary	5.00	Officer	$0	$0	$0
CHRISTOPHER MCCARRICK	Treasurer	5.00	Officer	$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	$38,217	$106,731	$121,588	$-68,514
2024	$28,055	$4,823	$55,102	$23,232
2023	$12,842	$656	$31,870	$12,186
2022	$74,859	$152,153	$19,684	$-77,294
2021	$57,445	$46,183	$97,055	$11,262
2020	$20,022	$19,223	$82,883	$799
2019	$100,477	$36,763	$78,487	$63,714

RED BANK CHARTER SCHOOL FOUNDATION