The Karuna School Inc (EIN 261334743) - 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

Principal Officer

Nicole Trudel

Phone

3392220736

Tax Period

2023-07-01 to 2024-06-30

The Karuna School Inc, founded in 2007, is a small nonprofit in the Education sector that reported $336K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $551K exceeded revenue, resulting in a 64% operating deficit.

Mission

Adult education in the principles of wisdom, compassion, peace, and sustainability based on the world's contemplative traditions, developmental psychology, and integral theory.

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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 $208

Program Service Revenue $335,811

Investment Income $0

Other Revenue $0

TOTAL REVENUE $336,019

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $952

Program Expenses $515,350

Other Expenses $551,392

TOTAL EXPENSES $551,392

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,019	$805,398	-0.6%
Expenses	$551,392	$340,947	+0.6%
Net Income	$-215,373	$464,451	-1.5%

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

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Churchill	Trustee	5.00	Director	$0	$0	$0
Nicole Trudel	Treasurer	5.00	Director	$0	$0	$0
Shea Adelson	Clerk	5.00	Officer	$0	$0	$0
Michael McSwain	President	5.00	Officer	$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	$336,019	$551,392	$265,761	$-215,373

The Karuna School Inc