PS 42 PTA Eltingville School

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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

2000

Legal Domicile

Principal Officer

Fikreta Boljevic

Phone

7189669522

Tax Period

2024-07-01 to 2025-06-30

PS 42 PTA Eltingville School, founded in 2000, is a small nonprofit in the Education sector that reported $110K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $27K, a strong 25% operating margin.

Mission

Parent Teacher Association of 42 supports activities to Public School 42.

Program Service Accomplishments

Program 1

Expenses: $41,194

Children Activities and 5th Grade Activities - Events at School for Students - for 24-25 including Carnival and 5th Grade Activities

Program 2

Expenses: $19,079

Providing multi-faceted support to the students/teachers of Public School 42 Eltingville School. Support includes Yearbooks, Talent Show, Pre-K and K Expenses,Teacher/Staff Recognition...

Providing multi-faceted support to the students/teachers of Public School 42 Eltingville School. Support includes Yearbooks, Talent Show, Pre-K and K Expenses,Teacher/Staff Recognition, Hospitality/PTA Refreshments, and Beautification.

Program 3

Expenses: $17,832

Gifts to School - Gifts are also made to the school and directly to classrooms.For 24-25 these Gifts included National School Forms, Staff Lunch/Breakfasts, Wine and Wine Bags, Education Netowrk...

Gifts to School - Gifts are also made to the school and directly to classrooms.For 24-25 these Gifts included National School Forms, Staff Lunch/Breakfasts, Wine and Wine Bags, Education Netowrk, Paint for School, Teacher Appreciation, and other Gifts.

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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 $38,434

Investment Income $47

Other Revenue $71,789

TOTAL REVENUE $110,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $78,105

Other Expenses $83,132

TOTAL EXPENSES $83,132

Year-over-Year Comparison

	2024	2023	Change
Revenue	$110,270	$116,834	-0.1%
Expenses	$83,132	$94,053	-0.1%
Net Income	$27,138	$22,781	+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

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michelle Buonacore-Artz	Corresp Sect.	5.00	Officer	$0	$0	$0
Megan BiFulco	1st Vice Pres.	5.00	Officer	$0	$0	$0
Gabrielle Dixon	Co-President	10.00	Officer	$0	$0	$0
Dawn Eng	Co-President	5.00	Officer	$0	$0	$0
Fikreta Boljevic	Treasurer	5.00	Officer	$0	$0	$0
Allison Posa	2nd Vice Pres.	5.00	Officer	$0	$0	$0
Lori Morea	Recording Sect.	5.00	Officer	$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
2025	$110,270	$83,132	$110,431	$27,138
2024	$116,834	$94,053	$83,293	$22,781
2023	$109,670	$119,150	$60,512	$-9,480
2019	$131,930	$85,755	$63,172	$46,175