PARENTS FOR SCHOOL OPTIONS

EIN: 263562529 Education

ARLINGTON, VA

Total Revenue
$3,760,858
Total Expenses
$3,777,473
Total Assets
$435,695
Net Assets
$429,275
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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
VA
Principal Officer
LETRISHA WEBER
Phone
8665582874
Tax Period
2023-01-01 to 2023-12-31

PARENTS FOR SCHOOL OPTIONS, founded in 2008, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023.

Mission

THE COALITION ADVOCATES FOR PUBLIC SCHOOL OPTIONS, EDUCATING POLICYMAKERS ABOUT THE NEED FOR EXPANDED ACCESS TO SCHOOL CHOICE OPTIONS. THE COALITION ENGAGES MEDIA TO GENERATE NEWS COVERAGE ABOUT PUBLIC SCHOOL OPTIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,760,858
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,760,858

Expense Breakdown

Grants Paid $27,500
Salaries & Benefits $5,500
Fundraising Expenses $0
Program Expenses $3,618,768
Other Expenses $3,744,473
TOTAL EXPENSES $3,777,473

Year-over-Year Comparison

2023 2022 Change
Revenue $3,760,858 $3,757,003 +0.0%
Expenses $3,777,473 $3,667,594 +0.0%
Net Income $-16,615 $89,409 -1.2%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$4,500
Total Directors
5
$5,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LETRISHA WEBER PRESIDENT 1.00
Officer Director
$1,500 $0 $1,500
WEI BARR TREASURER 1.00
Officer Director
$1,000 $0 $1,000
NICOLE CONRAGAN SECRETARY 1.00
Officer Director
$1,000 $0 $1,000
CYNTHIA WILLIAMS VICE PRESIDENT 1.00
Officer Director
$1,000 $0 $1,000
KAREN MCGEE DIRECTOR 1.00
Director
$1,000 $0 $1,000
KRISTEN TYAGI EXECUTIVE DIRECTOR 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 No data No data No data No data
2023 $3,760,858 $3,777,473 $435,695 $-16,615
2022 $3,757,003 $3,667,594 $494,138 $89,409
2021 $3,479,643 $3,346,112 $398,047 $133,531
2020 $3,814,926 $3,737,872 $305,758 $77,054
2019 $2,576,869 $2,746,324 $278,392 $-169,455
2018 $2,218,388 $2,181,378 $406,679 $37,010
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