SPECTRUM BUILDING COMPANY (EIN 260425207) - 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

2007

Legal Domicile

Principal Officer

DAVE LUCAS

Phone

7632418703

Tax Period

2023-07-01 to 2024-06-30

SPECTRUM BUILDING COMPANY, founded in 2007, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

TO ACQUIRE AND RENOVATE PROPERTY AND LEASE TO SPECTRUM HIGH SCHOOL.

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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 $0

Program Service Revenue $1,500,938

Investment Income $105,094

Other Revenue $0

TOTAL REVENUE $1,606,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,539,653

Other Expenses $1,574,561

TOTAL EXPENSES $1,574,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,606,032	$1,789,748	-0.1%
Expenses	$1,574,561	$1,481,751	+0.1%
Net Income	$31,471	$307,997	-0.9%

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

N/A

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

$81,534

Total Directors

$187,942

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK PETERSON	MEMBER (ADMIN)	1.00	Director	$0	$15,637	$106,408
TONY BRUNT	SECRETARY (TEACHER)	1.00	Officer Director	$0	$15,213	$81,534
DAVE LUCAS	CHAIR (COMMUNITY)	1.00	Officer Director	$0	$0	$0
TOM SAGSTETTER	TREASURER (PARENT)	1.00	Officer Director	$0	$0	$0
CORY TAYLOR	MEMBER (PARENT)	1.00	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
2025	No data	No data	No data	No data
2024	$1,606,032	$1,574,561	$19,253,629	$31,471
2023	$1,789,748	$1,481,751	$19,344,350	$307,997
2022	$1,379,520	$1,498,117	$19,420,791	$-118,597
2021	$1,421,139	$1,506,377	$19,840,253	$-85,238
2020	$1,337,958	$1,655,177	$20,271,529	$-317,219
2019	$1,323,098	$1,152,527	$21,005,778	$170,571
2018	$1,197,527	$2,137,926	$21,771,023	$-940,399

SPECTRUM BUILDING COMPANY