Near West Intergenerational School

EIN: 272054109 501(c)(3) Education

Cleveland, OH

Total Revenue
$4,331,159
Total Expenses
$3,472,387
Total Assets
$7,019,661
Net Assets
$3,448,429
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
OH
Phone
2169614308
Tax Period
2024-07-01 to 2025-06-30

Near West Intergenerational School, founded in 2010, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $859K, a strong 20% operating margin.

Mission

Near West Intergenerational School's mission is to connect, creates and guide a multigenerational community of lifelong learners and spirited citizens. It serves K-8 students and older adults with an innovative developmental approach that includes real life experiences and community relationships. Each multi-age classroom (spanning 3-4 years of age and varied abilities) creates a dynamic and individualized learning environment where everyone can move fluidly through development stages based on mastery (no social promotion).

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,642,007
Program Service Revenue $49,512
Investment Income $234,407
Other Revenue $405,233
TOTAL REVENUE $4,331,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,281,403
Fundraising Expenses $0
Program Expenses $2,640,368
Other Expenses $1,190,984
TOTAL EXPENSES $3,472,387

Year-over-Year Comparison

2024 2023 Change
Revenue $4,331,159 $3,845,597 +0.1%
Expenses $3,472,387 $3,244,575 +0.1%
Net Income $858,772 $601,022 +0.4%
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

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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
7
Independent Members
7
Employees
1
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
3
$0
Total Directors
8
$0
Key Employees
1
$96,750
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stacy Miller Chair 1
Officer Director
$0 $0 $0
Danielle Clark Vice Chair 1
Officer Director
$0 $0 $0
Joanna Lopez-Inman Esq Secretary, Governance Advisory Council 1
Officer Director
$0 $0 $0
Lynn Carpenter Board Member 1
Director
$0 $0 $0
Bob Nicolay Board Member 1
Director
$0 $0 $0
Richaun Bunton Board Member 1
Director
$0 $0 $0
Steven Lake EdD Board Member 1
Director
$0 $0 $0
Brad Norton Board Member 1
Director
$0 $0 $0
April Maimone Principal 40
Key Emp
$96,750 $0 $96,750
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
2025 $4,331,159 $3,472,387 $7,019,661 $858,772
2024 $3,845,597 $3,244,575 $5,958,564 $601,022
2023 $4,050,357 $2,930,516 $5,515,374 $1,119,841
2022 $4,565,345 $2,567,619 $5,009,060 $1,997,726
2021 $3,133,362 $3,164,169 $3,571,439 $-30,807
2020 $3,194,510 $3,319,610 $3,284,548 $-125,100
2019 $2,798,014 $2,909,295 $2,587,951 $-111,281
2018 $2,692,693 $1,477,908 $2,065,793 $1,214,785
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