Penn Hills Charter School of Entrepreneurship

EIN: 273920298 501(c)(3) Education

Pittsburgh, PA

Total Revenue
$12,850,116
Total Expenses
$11,892,797
Total Assets
$21,980,671
Net Assets
$-1,141,466
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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
2010
Legal Domicile
PA
Principal Officer
Wayne Jones
Phone
4127936471
Tax Period
2024-07-01 to 2025-06-30

Penn Hills Charter School of Entrepreneurship, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $12.9M in total revenue in fiscal year 2024. Expenses of $11.9M left a modest 7% surplus.

Mission

Our mission is to ensure all students have a real-life 21st-century learning experience, in an innovative, community based public school setting that enables them to reach their highest potential.

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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 $2,000,549
Program Service Revenue $10,136,741
Investment Income $76,211
Other Revenue $636,615
TOTAL REVENUE $12,850,116

Expense Breakdown

Grants Paid $255,000
Salaries & Benefits $7,125,559
Fundraising Expenses $0
Program Expenses $11,307,973
Other Expenses $4,512,238
TOTAL EXPENSES $11,892,797

Year-over-Year Comparison

2024 2023 Change
Revenue $12,850,116 $12,131,927 +0.1%
Expenses $11,892,797 $10,861,611 +0.1%
Net Income $957,319 $1,270,316 -0.2%
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
9
Independent Members
9
Employees
101
Volunteers
9

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
$227,947
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Tricia Shelton President 2.00
Officer Director
$0 $0 $0
Allen Zeolla Treasurer 2.00
Officer Director
$0 $0 $0
Darren McCormick Member 2.00
Director
$0 $0 $0
Dr Peter Gianiodis Member 2.00
Director
$0 $0 $0
Dr Sharon McDaniel Member 2.00
Director
$0 $0 $0
Dr DaVonna Shannon Member 2.00
Director
$0 $0 $0
Lena Abdullah-Perry Member 2.00
Director
$0 $0 $0
Alexis Steals Member 2.00
Director
$0 $0 $0
Deborah Norrell Member 2.00
Director
$0 $0 $0
Wayne Jones CEO 40.00
Officer
$165,393 $62,554 $227,947
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 $12,850,116 $11,892,797 $21,980,671 $957,319
2024 No data No data No data No data
2023 $11,309,875 $9,546,912 $20,489,103 $1,762,963
2022 $8,706,073 $9,319,004 $18,698,843 $-612,931
2021 $8,017,697 $8,258,286 $9,360,612 $-240,589
2020 $7,709,011 $8,482,599 $10,347,739 $-773,588
2019 $7,462,327 $7,964,667 $9,950,420 $-502,340
2018 $6,521,600 $7,334,801 $5,494,419 $-813,201
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