ALTERNATIVE SCHOOLS NETWORK (EIN 237375976) - 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

1973

Legal Domicile

Principal Officer

OYE KALE

Phone

7737284030

Tax Period

2024-07-01 to 2025-06-30

ALTERNATIVE SCHOOLS NETWORK, founded in 1973, is a mid-sized nonprofit that reported $22.3M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

THE ALTERNATIVE SCHOOLS NETWORK ("ASN") IS COMMITTED TO THE DEVELOPMENT OF QUALITY EDUCATIONAL PROGRAMS THAT ENGAGE URBAN CHILDREN, YOUTHS, AND ADULTS WITH WELL-ROUNDED ACADEMIC PROGRAMS LEADING TO COLLEGE ENTRANCE AND/OR CAREER PATHS, WHICH FOSTER ECONOMIC INDEPENDENCE AND SOCIAL RESPONSIBILITY IN THE 21ST CENTURY.

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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 $22,298,689

Program Service Revenue $8,454

Investment Income $1,667

Other Revenue $0

TOTAL REVENUE $22,308,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,351,560

Fundraising Expenses $17,823

Program Expenses $21,055,659

Other Expenses $17,667,109

TOTAL EXPENSES $23,018,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,308,810	$24,525,589	-0.1%
Expenses	$23,018,669	$24,870,013	-0.1%
Net Income	$-709,859	$-344,424	+1.1%

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

2160

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

$305,382

Total Directors

Key Employees

$156,045

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OYE KALE	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD RUTSCHMAN	TREASURER	1.00	Officer Director	$0	$0	$0
LASHAUN JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
KEISHA DAVIS JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ALFREDO NAMBO	DIRECTOR	1.00	Director	$0	$0	$0
JACK WUEST	EXECUTIVE DIRECTOR	40.00	Officer	$305,382	$0	$305,382
MATRICE MANUEL	ASISTANT EXECUTIVE DIRECTOR	40.00	Key Emp	$156,045	$0	$156,045

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	$22,308,810	$23,018,669	$5,710,679	$-709,859
2024	$24,525,589	$24,870,013	$5,173,980	$-344,424
2023	$21,170,535	$20,410,600	$6,867,710	$759,935
2022	$14,219,102	$14,184,793	$3,955,018	$34,309
2021	$15,119,021	$15,140,161	$3,716,420	$-21,140
2020	$12,048,691	$12,048,364	$4,186,027	$327
2019	$10,730,363	$10,749,616	$3,523,680	$-19,253
2018	$11,794,550	$11,793,776	$4,010,684	$774

ALTERNATIVE SCHOOLS NETWORK