I-LEAD CHARTER SCHOOL (EIN 274410895) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

ANTHONY MONTEMURRO

Phone

2159876603

Tax Period

2020-07-01 to 2021-06-30

I-LEAD CHARTER SCHOOL, founded in 2010, is a small nonprofit that reported $775K in total revenue in fiscal year 2020. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $749K left a modest 3% surplus.

Mission

THE ORGANIZATION OPERATED A CHARTER SCHOOL LOCATED IN READING, PENNSYLVANIA, THROUGH JUNE 30, 2020. THE SCHOOL SERVED YOUTH ENROLLED IN GRADES NINE THROUGH TWELVE DISCONNECTED FROM SCHOOL WITH THE OPPORTUNITY TO RE-ENGAGE IN THEIR EDUCATION AND TRANSITION SUCCESSFULLY INTO ADULTHOOD. THE SCHOOL'S CHARTER WAS NOT RENEWED, AND ACTIVITY IS LIMITED TO CLOSING OUT OPERATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $773,183

Program Service Revenue $0

Investment Income $0

Other Revenue $1,365

TOTAL REVENUE $774,548

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,813

Fundraising Expenses $0

Other Expenses $420,602

TOTAL EXPENSES $749,415

Year-over-Year Comparison

	2020	2019	Change
Revenue	$774,548	$6,565,026	-0.9%
Expenses	$749,415	$7,319,622	-0.9%
Net Income	$25,133	$-754,596	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$27,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT NATALINI	SECRETARY	12.00	Officer Director	$0	$0	$0
ANTHONY MONTEMURRO	BOARD PRESIDENT	12.00	Officer Director	$0	$0	$0
JOSEPH AMPREY	BOARD MEMBER	12.00	Officer Director	$0	$0	$0
ROBERT JEFFERSON	BOARD MEMBER	12.00	Officer Director	$0	$0	$0
ANGELO ROMANEILLO	PRINCIPAL	50.00	Officer	$27,500	$0	$27,500

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
2021	$774,548	$749,415	$708,781	$25,133
2020	$6,565,026	$7,319,622	$2,153,239	$-754,596
2019	$5,838,392	$5,927,204	$2,206,337	$-88,812
2018	$6,423,358	$5,969,215	$2,387,471	$454,143

I-LEAD CHARTER SCHOOL