EMERSON SCHOOL INC

EIN: 237442766 501(c)(3) Education

ANN ARBOR, MI

Total Revenue
$10,824,884
Total Expenses
$10,780,209
Total Assets
$12,703,527
Net Assets
$8,648,996
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MI
Principal Officer
DAVID FELDMAN
Phone
7346659005
Tax Period
2024-07-01 to 2025-06-30

EMERSON SCHOOL INC, founded in 1973, is a mid-sized nonprofit in the Education sector that reported $10.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE A DYNAMIC AND NURTURING LEARNING ENVIRONMENT THAT FOSTERS EMPATHY, COMMUNICATION, CREATIVITY, LEADERSHIP, AND ABOVE ALL, A LIFELONG LOVE OF LEARNING. EMERSON FULFILLS ITS MISSION WITH SMALL CLASS SIZES, BY PROVIDING INDIVIDUALIZED ATTENTION ACROSS A BROAD AND RICH, STUDENT-CENTERED CURRICULUM AND THROUGH A COMMITTED, TALENTED TEAM OF EDUCATORS WHO HELP CHILDREN ACHIEVE SUSTAINED ACADEMIC SUCCESS. AT EMERSON, STUDENTS DEVELOP THE CONFIDENCE AND SKILLS TO BECOME THEIR BEST SELVES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $863,500
Program Service Revenue $9,795,655
Investment Income $170,571
Other Revenue $-4,842
TOTAL REVENUE $10,824,884

Expense Breakdown

Grants Paid $1,121,220
Salaries & Benefits $7,631,941
Fundraising Expenses $455,192
Program Expenses $8,999,202
Other Expenses $2,027,048
TOTAL EXPENSES $10,780,209

Year-over-Year Comparison

2024 2023 Change
Revenue $10,824,884 $9,616,316 +0.1%
Expenses $10,780,209 $10,406,173 +0.0%
Net Income $44,675 $-789,857 -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

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Governance

Voting Members
13
Independent Members
13
Employees
170
Volunteers
91

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
6
$422,677
Total Directors
13
$0
Key Employees
1
$167,356
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA BUCHI TRUSTEE 2.00
Director
$0 $0 $0
FRANCOIS GAGNON TRUSTEE 2.00
Director
$0 $0 $0
MUNA HAMZA TRUSTEE 2.00
Director
$0 $0 $0
KEVIN FERRELL TRUSTEE 2.00
Director
$0 $0 $0
VIKRAMDITYA KHANNA TRUSTEE 2.00
Director
$0 $0 $0
NADIA HASAN TRUSTEE 2.00
Director
$0 $0 $0
SARAH OKIN TRUSTEE 2.00
Director
$0 $0 $0
MATT PAPADOPOULOS TRUSTEE 2.00
Director
$0 $0 $0
LUKE RODEHORST TRUSTEE 2.00
Director
$0 $0 $0
CHARLES SCRASE CHAIR 2.00
Officer Director
$0 $0 $0
PATTY PETROWSKI VICE CHAIR 2.00
Officer Director
$0 $0 $0
CINDY WOO TREASURER 2.00
Officer Director
$0 $0 $0
SMRITI MOHAN SECRETARY 2.00
Officer Director
$0 $0 $0
DAVID FELDMAN HEAD OF SCHOOL 40.00
Officer
$259,988 $12,557 $272,545
MARIAH MALLETT DIRECTOR OF FINANCE AND OP 40.00
Officer
$140,822 $9,310 $150,132
ANDY ZIMMER ASSISTANT HEAD OF SCHOOL 40.00
Key Emp
$152,028 $15,328 $167,356
TERRY LANGSTON DIRECTOR OF DEVELOPMENT 40.00
Highest
$132,332 $11,829 $144,161
MARCHELL BURGESS LOWER SCHOOL DIRECTOR 40.00
Highest
$143,736 $10,757 $154,493
JESSICA HOAG TEACHER/DIRECTOR OF ATHLETICS 40.00
Highest
$120,813 $11,959 $132,772
MICHELLE BORTON TEACHER/ALUMNI COORDINATOR 40.00
Highest
$111,576 $8,632 $120,208
ELISABETH PSAROUTHAKIS DIRECTOR OF ADMISSIONS 40.00
Highest
$103,419 $10,902 $114,321
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 $10,824,884 $10,780,209 $12,703,527 $44,675
2024 $9,616,316 $10,406,173 $13,130,012 $-789,857
2023 $9,216,345 $8,983,305 $13,309,091 $233,040
2022 $9,936,542 $8,094,561 $12,947,706 $1,841,981
2021 $6,886,224 $7,010,380 $11,896,648 $-124,156
2020 $7,500,891 $7,832,020 $10,704,870 $-331,129
2019 $8,091,858 $8,013,478 $11,257,013 $78,380
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