KRADWELL SCHOOL INC (EIN 261516765) - 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

2008

Legal Domicile

Principal Officer

PETER CARLSON

Phone

4142991576

Tax Period

2023-01-01 to 2023-12-31

KRADWELL SCHOOL INC, founded in 2008, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum.

Mission

KRADWELL SCHOOL IS DEDICATED TO SERVING STUDENTS WHO HAVE EXPERIENCED OVERWHELMING DIFFICULTIES IN TRADITIONAL SCHOOL ENVIRONMENTS.

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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 $335,044

Program Service Revenue $935,456

Investment Income $98,689

Other Revenue $0

TOTAL REVENUE $1,369,189

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,135,270

Fundraising Expenses $0

Program Expenses $1,063,867

Other Expenses $265,029

TOTAL EXPENSES $1,400,299

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,369,189	$1,021,769	+0.3%
Expenses	$1,400,299	$1,395,843	+0.0%
Net Income	$-31,110	$-374,074	-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

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

$24,003,209

Total Directors

$6,432,762

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS POTTS	DIRECTOR, CHAIRPERSON	1.00	Officer Director	$0	$182,360	$3,134,763
PETER CARLSON	DIRECTOR, PRESIDENT	1.00	Officer Director	$0	$82,330	$958,820
JESSICA SMALL	DIRECTOR, PRESIDENT	1.00	Officer Director	$0	$76,669	$464,446
NAN NELSON	DIRECTOR, ASST TREASURER, TREASURER	1.00	Officer Director	$0	$152,768	$1,874,733
DOMINIC NAKIS	TREASURER	1.00	Officer	$0	$130,352	$6,517,941
MICHAEL GREBE	SECRETARY	1.00	Officer	$0	$99,054	$3,702,479
JAMES DOHENY	ASSISTANT TREASURER	1.00	Officer	$0	$63,927	$1,127,934
STEVE HUSER	ASSISTANT TREASURER	1.00	Officer	$0	$71,656	$878,136
BRAD CLARK	ASSISTANT TREASURER	1.00	Officer	$0	$145,795	$1,577,771
RACHEL HALVERSON	ASSISTANT TREASURER	1.00	Officer	$0	$59,558	$537,349
KATHERINE KETNER	ASSISTANT SECRETARY	1.00	Officer	$0	$30,165	$347,536
SUE DWYER	ASSISTANT TREASURER	1.00	Officer	$0	$113,751	$733,380
RACHELLE HART	ASSISTANT SECRETARY	1.00	Officer	$0	$130,674	$1,286,154
MICHAEL KERNS	ASSISTANT SECRETARY	1.00	Officer	$0	$111,993	$861,767
MARY SCHULTE	SCHOOL DIRECTOR	55.00	Highest	$123,165	$3,709	$126,874

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	No data	No data	No data	No data
2023	$1,369,189	$1,400,299	$937,455	$-31,110
2022	$1,021,769	$1,395,843	$-1,368,413	$-374,074
2021	$1,051,876	$1,466,352	$684,762	$-414,476
2020	$1,049,621	$1,354,510	$1,487,143	$-304,889
2019	$1,107,811	$1,335,315	$1,739,362	$-227,504
2018	$1,394,223	$1,584,838	$1,750,866	$-190,615

KRADWELL SCHOOL INC