Church Farm School (EIN 231370498) - 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

1918

Legal Domicile

Principal Officer

Dr Troy Baker

Phone

6103637500

Tax Period

2024-07-01 to 2025-06-30

Church Farm School, founded in 1918, is a mid-sized nonprofit in the Education sector that reported $12.3M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $207.4M represent 203 months of operating reserves.

Mission

THE SCHOOL PROVIDES HOUSING AND OTHER BENEFITS TO CERTAIN KEY EMPLOYEES AS A REQUIREMENT OF THEIR DUTIES OR AS A BENEFIT OF EMPLOYMENT. THE VALUE OF THESE BENEFITS ARE INCLUDED IN THE TAXABLE WAGES OF THESE EMPLOYEES, TO THE EXTENT THEY ARE NOT OTHERWISE EXCLUDED FROM SUCH BY THE INTERNAL REVENUE CODE AND ALL ARE DISCLOSED, AS REQUIRED, ON FORM 990, PART VII AND SCHEDULE J. THERE ARE SOME TAX INDEMNIFICATION BENEFITS PROVIDED TO FACULTY OF LONG TERM TENURE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,227,946

Program Service Revenue $613,333

Investment Income $10,234,574

Other Revenue $178,679

TOTAL REVENUE $12,254,532

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,297,266

Fundraising Expenses $693,459

Program Expenses $9,383,113

Other Expenses $6,332,076

TOTAL EXPENSES $12,629,342

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,254,532	$10,325,599	+0.2%
Expenses	$12,629,342	$13,014,224	0.0%
Net Income	$-374,810	$-2,688,625	-0.9%

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

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

$223,565

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rev Edmund K Sherrill II	Former HEAD OF SCHOOL	50.0		$331,368	$96,602	$427,970
Tiffany McDonald-Scott	Interim Head of School	50.0	Key Emp	$206,864	$16,701	$223,565
Karen K Wertz	Director of Finance	50.0	Highest	$197,852	$24,071	$221,923
Margaret Van Steenwyk	Assistant Head of School	50.0	Highest	$159,767	$43,981	$203,748
Brandon A Herbert	Director of Admissions	50.0	Highest	$123,971	$23,012	$146,983
Suni K Blackwell	Director of Residential Life	50.0	Highest	$134,582	$6,456	$141,038
Arthur S Smith	Faculty Teacher	50.0	Highest	$128,545	$5,620	$134,165
Vincent J Napoleon	Chairman	3.0	Officer Director	$0	$0	$0
alemayehu Addis	Treasurer	3.0	Officer Director	$0	$0	$0
carol Aichele	secretary	3.0	Officer Director	$0	$0	$0
Andrew Carrigan	Board Member	1.0	Director	$0	$0	$0
michael J Hankin	Board Member	1.0	Director	$0	$0	$0
rev preston B Hannibal	Board Member	1.0	Director	$0	$0	$0
Paul Krieger	Board Member	1.0	Director	$0	$0	$0
Lauren L Miller	Board Member	1.0	Director	$0	$0	$0
Romane Paul	Board member	1.0	Director	$0	$0	$0
Caroline Buck Rogers	Board Member	1.0	Director	$0	$0	$0
Geoff Sheehan	Board Member	1.0	Director	$0	$0	$0
Kari Tank-Nielsen	Board member	1.0	Director	$0	$0	$0
Marc Turner	Board member	1.0	Director	$0	$0	$0
David F Zimmerman	Board member	1.0	Director	$0	$0	$0
Tammy James	board member	1.0		$0	$0	$0
Mani Sabapathi	Board Member	1.0		$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	$12,254,532	$12,629,342	$208,741,753	$-374,810
2024	$10,325,599	$13,014,224	$201,289,359	$-2,688,625
2023	$7,411,037	$12,804,277	$191,983,609	$-5,393,240
2022	$53,085,773	$13,829,149	$186,601,752	$39,256,624
2021	$15,985,653	$10,495,114	$216,106,838	$5,490,539
2020	$22,624,779	$10,538,558	$176,217,570	$12,086,221
2019	$16,656,960	$11,394,991	$184,207,944	$5,261,969
2018	$15,314,647	$10,861,117	$177,259,051	$4,453,530

Church Farm School