PENIKESE ISLAND SCHOOL INC (EIN 237303535) - 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

Principal Officer

MATTHEW SUTHERLAND

Phone

5085487276

Tax Period

2022-07-01 to 2023-06-30

PENIKESE ISLAND SCHOOL INC is a small nonprofit in the Crime & Legal sector that reported $336K in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year. Expenses of $388K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE EDUCATIONAL ENRICHMENT PROGRAMS FOR SCHOOL AGE BOYS AND GIRLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $300,676

Program Service Revenue $35,125

Investment Income $61

Other Revenue $562

TOTAL REVENUE $336,424

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,605

Fundraising Expenses $16,284

Program Expenses $323,282

Other Expenses $191,812

TOTAL EXPENSES $388,417

Year-over-Year Comparison

	2022	2021	Change
Revenue	$336,424	$420,008	-0.2%
Expenses	$388,417	$361,848	+0.1%
Net Income	$-51,993	$58,160	-1.9%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD DOYLE	DIRECTOR	2.00	Director	$0	$0	$0
DORIANNE MEBANE	TREASURER	5.00	Officer Director	$0	$0	$0
TIFFANY VAN MOOY	DIRECTOR	2.00	Director	$0	$0	$0
JAMES NEWMAN	SECRETARY	5.00	Officer Director	$0	$0	$0
ALAN STEINBACH	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW SUTHERLAND	PRESIDENT	5.00	Officer Director	$0	$0	$0
COLLETTE WELLINGTON	DIRECTOR	2.00	Director	$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
2024	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$336,424	$388,417	$1,184,599	$-51,993
2022	$420,008	$361,848	$1,243,384	$58,160
2021	$151,789	$161,099	$1,320,528	$-9,310
2020	$78,922	$139,490	$1,269,612	$-60,568
2019	$54,653	$154,359	$1,308,729	$-99,706
2018	$41,810	$149,905	$1,385,455	$-108,095

PENIKESE ISLAND SCHOOL INC