THE FREE SCHOOL (EIN 237112492) - 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

1969

Legal Domicile

Principal Officer

FAWN POTASH

Phone

5184343072

Tax Period

2019-07-01 to 2020-06-30

THE FREE SCHOOL, founded in 1969, is a small nonprofit that reported $609K in total revenue in fiscal year 2019. Revenue surged 172% from the prior year, signaling strong growth momentum. The organization ran a surplus of $379K, a strong 62% operating margin.

Mission

THE FREE SCHOOL IS A PRIVATE SCHOOL THAT EDUCATES CHILDREN FROM PRE K - 8TH GRADE. IT IS LOCATED IN THE INNER CITY OF ALBANY AND ENDEAVOURS TO PROVIDE A QUALITY EDUCATION TO THE YOUTH.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $551,538

Program Service Revenue $57,400

Investment Income $456

Other Revenue $0

TOTAL REVENUE $609,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $138,498

Fundraising Expenses $0

Program Expenses $207,264

Other Expenses $91,793

TOTAL EXPENSES $230,291

Year-over-Year Comparison

	2019	2018	Change
Revenue	$609,394	$224,227	+1.7%
Expenses	$230,291	$224,776	+0.0%
Net Income	$379,103	$-549	-691.5%

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

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
FERN REES	Director	5.00	Director	$0	$0	$0
KATHY MANLEY	Director	5.00	Director	$0	$0	$0
DEIRDRE KELLY	Executive Dir.	40.00	Officer	$0	$0	$0
DAN YACOBELLIS	President	5.00	Officer	$0	$0	$0
JOSALYNN SMITH	Vice President	5.00	Officer	$0	$0	$0
ALEXIS BHAGAT	Secretary	5.00	Officer	$0	$0	$0
FAWN POTASH	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
2020	$609,394	$230,291	$661,642	$379,103
2019	$224,227	$224,776	$107,528	$-549
2018	$147,132	$148,156	$108,077	$-1,024

THE FREE SCHOOL