THE CONCEPT SCHOOL (EIN 237175285) - 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

1972

Legal Domicile

Principal Officer

WILLIAM BENNETT

Phone

6103991135

Tax Period

2023-07-01 to 2024-06-30

THE CONCEPT SCHOOL, founded in 1972, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. The organization ran a surplus of $257K, a strong 15% operating margin.

Mission

TO MAINTAIN AND OPERATE A CO-EDUCATIONAL PRIVATE SCHOOL FOR GRADES 6-12.

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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 (2023)

Revenue Breakdown

Contributions & Grants $253,514

Program Service Revenue $1,223,132

Investment Income $20,700

Other Revenue $186,704

TOTAL REVENUE $1,684,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,122,155

Fundraising Expenses $0

Program Expenses $1,208,110

Other Expenses $304,582

TOTAL EXPENSES $1,426,737

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,684,050	$1,804,250	-0.1%
Expenses	$1,426,737	$1,338,818	+0.1%
Net Income	$257,313	$465,432	-0.4%

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

Total Directors

$139,118

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY MAGUIRE	PRESIDENT	2.00	Officer Director	$0	$0	$0
LESLIE DAVILA	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
BRUCE JOHNSON	TREASURER	2.00	Officer Director	$0	$0	$0
DR MAGI KOCH	SECRETARY	2.00	Officer Director	$0	$0	$0
DR PETER HERMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN O'ROURKE	BOARD MEMEBE	2.00	Director	$0	$0	$0
RANDELL SPACKMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JOE SYERNICK	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIAM BENNETT	HEAD OF SCHO	40.00	Director	$139,118	$0	$139,118

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	No data	No data	No data	No data
2024	$1,684,050	$1,426,737	$1,866,700	$257,313
2023	$1,804,250	$1,338,818	$1,573,525	$465,432
2022	$1,247,625	$1,123,018	$1,078,659	$124,607
2021	$1,232,474	$1,064,981	$945,034	$167,493
2020	$1,003,708	$982,961	$847,597	$20,747
2019	$1,006,706	$956,142	$723,473	$50,564
2018	$1,095,018	$921,667	$674,614	$173,351

THE CONCEPT SCHOOL