NEW ALTERNATIVE EDUCATION HIGH SCH… - Form 990 Financial Data

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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

BETH ADELMAN

Phone

2016302842

Tax Period

2022-07-01 to 2023-06-30

Mission

MAIN STREET HIGH SCHOOL OF OSCEOLA COUNTY WAS ESTABLISHED TO PROVIDE AN EDUCATIONAL CHOICE TO STUDENTS WHO HAVE DROPPED OUT OF SCHOOL OR MAY BE IN DANGER OF DROPPING OUT. USING 21ST CENTURY TECHNOLOGY AND A FOCUS ON INDIVIDUALIZED ATTENTION, THE HIGH SCHOOL OFFERS STUDENTS, WHO ARE CHALLENGED BY THE TRADITIONAL APPROACH TO LEARNING, THE OPPORTUNITY TO EARN A STATE-RECOGNIZED HIGH SCHOOL DIPLOMA. THIS HIGH-TECH HIGH SCHOOL PROVIDES STUDENTS, AGES 15-21, A STRONG RESEARCH-BASED CURRICULUM AND SUPPORT FOR PURSUING CONTINUING EDUCATION OR A SUITABLE VOCATION.

Program Service Accomplishments

Program 1

MAIN STREET HIGH SCHOOL OF OSCEOLA COUNTY

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2022	2021	Change
Revenue	N/A	$2,156,406	-1.0%
Expenses	N/A	$2,564,092	-1.0%
Net Income	N/A	$-407,686	N/A

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

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
BETH ADELMAN	CHAIR	1.00	Officer Director	$0	$0	$0
IRA PAUL	TREASURER/SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT HOLLAND	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG SHELTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MARTIN BURKETT	BOARD MEMBER	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
2023	No data	No data	No data	No data
2022	$2,156,406	$2,564,092	$5,274,190	$-407,686
2021	$1,837,920	$2,161,274	$1,183,653	$-323,354
2020	$2,410,577	$2,403,630	$1,592,056	$6,947
2019	$2,441,140	$3,005,032	$1,513,579	$-563,892
2018	$3,090,896	$3,287,099	$1,936,869	$-196,203

NEW ALTERNATIVE EDUCATION HIGH SCHOOL OF OSCEOLA COUNTYINC