HEARTWOOD CHARTER SCHOOL (EIN 301200893) - 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

2019

Legal Domicile

Principal Officer

MARK PUCCINELLI

Phone

4153281020

Tax Period

2023-07-01 to 2024-06-30

HEARTWOOD CHARTER SCHOOL, founded in 2019, is a community nonprofit in the Education sector that reported $8.0M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF HEARTWOOD CHARTER SCHOOL IS TO PROVIDE A SUPPORTIVE INDEPENDENT STUDY LEARNING ENVIRONMENT IN WHICH STUDENTS MAY CHOOSE A NUMBER OF PATHS INSPIRED BY THE WHOLE CHILD APPROACH OF PUBLIC WALDORF EDUCATION, INCLUDING THE OPTIONS OF SPENDING PART OF THEIR WEEK IN A GROUP INSTRUCTIONAL ENVIRONMENT OR HOME STUDY WITH A STRONG CLASSIC PUBLIC WALDORF APPROACH, OR DESIGNING A MORE INDEPENDENT WHOLE CHILD, HOME STUDY OPTION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $7,983,356

Program Service Revenue $0

Investment Income $8,642

Other Revenue $0

TOTAL REVENUE $7,991,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,190,453

Fundraising Expenses $0

Program Expenses $7,126,509

Other Expenses $2,589,707

TOTAL EXPENSES $7,780,160

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,991,998	$6,413,474	+0.2%
Expenses	$7,780,160	$5,084,685	+0.5%
Net Income	$211,838	$1,328,789	-0.8%

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

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

$145,547

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE FELTON-PRIESTNER	Executive Dir.	40.00	Director	$134,912	$10,635	$145,547
HEATHER DEYDEN	ASSISTANT DIRECTOR OF OPERATIONS	40.00		$110,179	$17,718	$127,897
TAMARA LEMESH	ASSISTANT PRINCIPAL	40.00		$45,501	$0	$45,501
MARK PUCCINELLI	President	40.00	Officer Director	$0	$0	$0
TRACY LAPERA	MEMBER	4.00	Director	$0	$0	$0
GREG BROWMAN	MEMBER	4.00	Director	$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	No data	No data	No data	No data
2024	$7,991,998	$7,780,160	$3,909,512	$211,838
2023	$6,413,474	$5,084,685	$3,311,622	$1,328,789
2022	$3,986,013	$3,064,644	$1,905,120	$921,369
2021	$1,391,716	$1,200,963	$522,501	$190,753

HEARTWOOD CHARTER SCHOOL