The Center for Better Schools

EIN: 271565143 501(c)(3)

Newport, RI

Total Revenue
$220,861
Total Expenses
$241,645
Total Assets
$302,930
Net Assets
$301,494
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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
2009
Legal Domicile
RI
Principal Officer
Anthony Klemmer
Tax Period
2022-01-01 to 2022-12-31

The Center for Better Schools, founded in 2009, is a small nonprofit that reported $221K in total revenue in fiscal year 2022. Revenue decreased 13% compared to the prior year.

Mission

Design, development, and delivery of integrated educational programs focused on experienced, high performing K-12 classroom teachers, school leaders and school-based staff.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $220,845
Investment Income $16
Other Revenue $0
TOTAL REVENUE $220,861

Expense Breakdown

Grants Paid $0
Salaries & Benefits $209,939
Fundraising Expenses $11,186
Program Expenses $179,943
Other Expenses $31,706
TOTAL EXPENSES $241,645

Year-over-Year Comparison

2022 2021 Change
Revenue $220,861 $252,904 -0.1%
Expenses $241,645 $411,673 -0.4%
Net Income $-20,784 $-158,769 -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

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Governance

Voting Members
3
Independent Members
2
Employees
2
Volunteers
3

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
1
$186,588
Total Directors
3
$186,588
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Anthony Klemmer President 40.00
Officer Director
$174,000 $12,588 $186,588
Robert Walkingshaw Board member 1.00
Director
$0 $0 $0
Mark Beaudouin 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
2022 $220,861 $241,645 $302,930 $-20,784
2021 $252,904 $411,673 $322,726 $-158,769
2020 $183,183 $477,010 $511,347 $-293,827
2019 $413,915 $542,923 $785,895 $-129,008
2018 $2,201,985 $1,916,937 $1,213,854 $285,048
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