ALUMNI& FRIENDS OF BELMONT HIGH SCHOOL (EIN 261224683) - 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

ERICH IPPEN

Phone

6174848701

Tax Period

2024-07-01 to 2025-06-30

ALUMNI& FRIENDS OF BELMONT HIGH SCHOOL, founded in 2007, is a small nonprofit in the Education sector that reported $116K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 20% operating margin.

Mission

THE ORGANIZATION SHALL RAISE FUNDS FOR DISBURSEMENT TO HIGH ACHIEVING MEMBERS OF THE STUDENT BODY OF BELMONT HIGH SCHOOL IN BELMONT, MASSACHUSETTS WITH FINANCIAL NEEDS AS SCHOLARSHIPS IN FURTHERANCE OF THE STUDENT'S CONTINUING EDUCATION.

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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 $116,252

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,252

Expense Breakdown

Grants Paid $75,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,000

Other Expenses $17,473

TOTAL EXPENSES $92,473

Year-over-Year Comparison

	2024	2023	Change
Revenue	$116,252	$146,108	-0.2%
Expenses	$92,473	$59,515	+0.6%
Net Income	$23,779	$86,593	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANA L ASAZUMA-CHENG	DIRECTOR	N/A	Director	$0	$0	$0
SARAH FREIBERG ELLISON	SECRETARY	N/A	Officer Director	$0	$0	$0
ANGELO FIRENZE	DIRECTOR	N/A	Director	$0	$0	$0
FELIX FIRENZE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
ROBERT FOLEY	DIRECTOR	N/A	Director	$0	$0	$0
DEBORAH HOWARD GREENE	DIRECTOR	N/A	Director	$0	$0	$0
KARIN HABERT-SMITH	DIRECTOR	N/A	Director	$0	$0	$0
ERICH IPPEN	TREASURER	N/A	Officer Director	$0	$0	$0
SUSAN KENDALL	DIRECTOR	N/A	Director	$0	$0	$0
JAMES KING	DIRECTOR	N/A	Director	$0	$0	$0
PETER C LARKIN	DIRECTOR	N/A	Director	$0	$0	$0
PETER LEOFANTI	PRESIDENT	N/A	Officer Director	$0	$0	$0
PHILIP LEONARD	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM LUND	DIRECTOR	N/A	Director	$0	$0	$0
SUSAN OROWAN MARTIN	VP OF DEVELO	N/A	Officer Director	$0	$0	$0
LAWRENCE MCCORMICK	DIRECTOR	N/A	Director	$0	$0	$0
DANTE MUZZIOLI	DIRECTOR	N/A	Director	$0	$0	$0
MARK NEWBURG	DIRECTOR	N/A	Director	$0	$0	$0
FREDERICK PIZZI	DIRECTOR	N/A	Director	$0	$0	$0
ANDREW PLUNKETT	DIRECTOR	N/A	Director	$0	$0	$0
PENELOPE WHELAN SCHEIDELER	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES STONE	DIRECTOR	N/A	Director	$0	$0	$0
BRUCE WESTGATE	DIRECTOR	N/A	Director	$0	$0	$0
FOSTER WRIGHT	DIRECTOR	N/A	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	$116,252	$92,473	$1,117,348	$23,779
2024	$146,108	$59,515	$976,840	$86,593
2023	$122,958	$56,399	$764,859	$66,559
2022	$114,807	$44,478	$611,760	$70,329
2021	$90,657	$33,012	$638,668	$57,645

ALUMNI& FRIENDS OF BELMONT HIGH SCHOOL