SLEIGHTON SCHOOL

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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

1931

Legal Domicile

Phone

6108912000

Tax Period

2024-07-01 to 2025-06-30

SLEIGHTON SCHOOL, founded in 1931, is a micro nonprofit in the Crime & Legal sector that reported $1K in total revenue in fiscal year 2024. Expenses of $1.0M exceeded revenue, resulting in a 96145% operating deficit.

Mission

THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE BENEFIT OF ELWYN OF PENNSYLVANIA AND DELAWARE (FORMERLY, "ELWYN") WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") AS MORE SPECIFICALLY STATED IN ITS ARTICLES OF INCORPORATION.

Program Service Accomplishments

Program 1

Expenses: $0 Revenue: $0

THE ORGANIZATION OPERATED A RESIDENTIAL PROGRAM FOR GIRLS UNTIL 2001. ITS SOLE ASSET IS THE PROPERTY ON WHICH THE SCHOOL OPERATED. SUBSEQUENT TO THE DISCONTINUATION OF THE RESIDENTIAL PROGRAM, THE...

THE ORGANIZATION OPERATED A RESIDENTIAL PROGRAM FOR GIRLS UNTIL 2001. ITS SOLE ASSET IS THE PROPERTY ON WHICH THE SCHOOL OPERATED. SUBSEQUENT TO THE DISCONTINUATION OF THE RESIDENTIAL PROGRAM, THE ORGANIZATION HAS BEEN IN THE PROCESS OF MARKETING THE PROPERTY FOR SALE. IN JUNE 2020, SLEIGHTON ENTERED INTO A SALES AGREEMENT WITH A PRIVATE ENTITY FOR THE REMAINING 200 ACRES OF THE SLEIGHTON PROPERTY. THE ANTICIPATED SALES PRICE IS APPROXIMATELY $17,285,255, WITH A MINIMUM GUARANTEED PRICE OF $16,000,000, CONTINGENT UPON THE NUMBER OF APPROVED HOUSING UNITS. THE AGREEMENT PROVIDES FOR A MAXIMUM ENVIRONMENTAL REMEDIATION CREDIT OF UP TO $3,000,000, BASED ON THE ESTIMATED COSTS OF (I) DEMOLITION OF EXISTING BUILDINGS AND (II) REMEDIATION OF ENVIRONMENTAL CONTAMINATION ON THE PROPERTY. THE TRANSACTION IS SUBJECT TO CUSTOMARY REAL ESTATE SALE CONTINGENCIES. CLOSING IS CONTINGENT UPON DISCRETIONARY ZONING AMENDMENTS AND APPROVAL OF A JOINT LAND DEVELOPMENT PLAN BY TWO MUNICIPALITIES. THE TIMING AND LIKELIHOOD OF THESE APPROVALS REMAIN UNCERTAIN. IN ADDITION, SEVERAL LAND USE LITIGATION MATTERS ARE PENDING IN THE DELAWARE COUNTY, PENNSYLVANIA COURT OF COMMON PLEAS RELATED TO THE MUNICIPAL APPROVALS REQUIRED FOR THE PROPOSED DEVELOPMENT. THE OUTCOMES OF THESE PROCEEDINGS CANNOT BE REASONABLY DETERMINED AT THIS TIME.

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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 $0

Investment Income $0

Other Revenue $1,050

TOTAL REVENUE $1,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,010,568

TOTAL EXPENSES $1,010,568

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,050	$1,050	N/A
Expenses	$1,010,568	$1,254,796	-0.2%
Net Income	$-1,009,518	$-1,253,746	-0.2%

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

N/A

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

$2,038,792

Total Directors

$803,680

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN WICHLEI	SECRETARY (THRU 05/2025)/BOARD MEMBER	1.0	Officer Director	$0	$0	$0
ANDREA ANANIA	TREASURER (THRU 05/2025)/BOARD MEMBER	1.0	Officer Director	$0	$0	$0
CHARLES S MCLISTER	PRESIDENT/CEO	1.0	Officer Director	$0	$72,496	$803,680
JAMES SEBRA	CHAIR	1.0	Officer Director	$0	$0	$0
WILLIAM EMMET	VICE CHAIR	1.0	Officer Director	$0	$0	$0
LEONARD J KIRBY	SVP/COO	0.0	Officer	$0	$49,024	$464,803
NIKOLE CABREY	SVP/CFO/TREASURER (AS OF 05/2025)	0.0	Officer	$0	$43,282	$405,912
REGINA MACKENZIE	SVP/GENERAL COUNSEL/SECRETARY (AS OF 05/2025)	5.0	Officer	$0	$62,904	$364,397

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	$1,050	$1,010,568	$1,948,768	$-1,009,518
2024	$1,050	$1,254,796	$1,948,768	$-1,253,746
2023	$1,025	$1,503,896	$1,948,768	$-1,502,871
2022	$-183,313	$999,782	$1,956,035	$-1,183,095
2021	$5,891,646	$950,435	$1,948,768	$4,941,211
2020	No data	$1,095,702	$2,752,416	No data
2019	No data	$1,103,243	$2,752,417	No data
2018	$14	$1,027,532	$2,812,863	$-1,027,518