THE ARK PRESCHOOL (EIN 274071082) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Principal Officer

KIM HARRYMAN

Phone

9727715501

Tax Period

2024-09-01 to 2025-08-31

THE ARK PRESCHOOL, founded in 2011, is a small nonprofit in the Education sector that reported $961K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE A NURTURING COMMUNITYWHERE STUDENTS CREATE, IMAGINE, AND EXPLORE AS THEY LEARN ABOUT GOD AND THEIR WORLD

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $942,634

Investment Income $20,645

Other Revenue $-1,794

TOTAL REVENUE $961,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $683,745

Fundraising Expenses $0

Program Expenses $843,335

Other Expenses $320,309

TOTAL EXPENSES $1,004,054

Year-over-Year Comparison

	2024	2023	Change
Revenue	$961,485	$888,338	+0.1%
Expenses	$1,004,054	$1,012,940	0.0%
Net Income	$-42,569	$-124,602	-0.7%

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

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

$124,453

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SOMMER HOUSER	DIRECTOR	5.00	Director	$0	$0	$0
ROBIN STEWART	DIRECTOR	5.00	Director	$0	$0	$0
MARY KIRKPATRICK	DIRECTOR	5.00	Director	$0	$0	$0
GARY WORTHY	DIRECTOR	5.00	Director	$0	$0	$0
ERIKA CRUMP	FUMC FINANCE CHAIR	5.00	Director	$0	$0	$0
BILL CANAT	DIRECTOR	5.00	Director	$0	$0	$0
ALLISON HICKS	FUMC DIR. OF CHILDREN'S MI	5.00	Director	$0	$0	$0
CAROL PARKER	DIRECTOR	5.00	Director	$0	$0	$0
JACKIE ZANDER	DIRECTOR	5.00	Director	$0	$0	$0
CLAY HODGES	DIRECTOR	5.00	Director	$0	$0	$0
CHRIS YOST	DIRECTOR	5.00	Director	$0	$0	$0
SARAH SCHROEDER	FUMC FINANCE COMMITTEE	5.00	Director	$0	$0	$0
MEGAN BENNETT	DIRECTOR	5.00	Director	$0	$0	$0
CHRISTINE CONWAY	SCHOOL DIRECTOR	40.00	Officer	$53,888	$0	$53,888
KIM HARRYMAN	ASSISTANT SCHOOL DIRECTOR	40.00	Officer	$35,275	$0	$35,275
CELIA WOLOSS	ASSISTANT SCHOOL DIRECTOR	40.00	Officer	$35,290	$0	$35,290

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	$961,485	$1,004,054	$839,424	$-42,569
2024	$888,338	$1,012,940	$881,688	$-124,602
2023	$1,171,135	$1,008,141	$1,016,972	$162,994
2022	$1,167,282	$905,816	$577,661	$261,466

THE ARK PRESCHOOL