Pinnacle Charter School (EIN 311818706) - 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

2003

Legal Domicile

Principal Officer

Broderick Cason

Phone

7168810089

Tax Period

2017-07-01 to 2018-06-30

Pinnacle Charter School, founded in 2003, is a micro nonprofit that reported $563 in total revenue in fiscal year 2017. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $634K exceeded revenue, resulting in a 112571% operating deficit.

Mission

Before such time that the organzation was notified of closure, (see Schedule O) the organization's purpose was to optimize the potential of each child to meet or exceed NYS learning standards and advance to personal independence with short and long term contributions to the community.

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $563

Other Revenue $0

TOTAL REVENUE $563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $586,545

Fundraising Expenses $0

Other Expenses $47,790

TOTAL EXPENSES $634,335

Year-over-Year Comparison

	2017	2016	Change
Revenue	$563	$826	-0.3%
Expenses	$634,335	$17,660	+34.9%
Net Income	$-633,772	$-16,834	+36.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Broderick Cason	Chair	0.50	Officer Director	$0	$0	$0
Dennis Horrigan	Treasurer	0.50	Officer Director	$0	$0	$0
Fenice Boyd	Board Member	0.50	Director	$0	$0	$0
Alan Core	Vice Chair	0.50	Director	$0	$0	$0
Stephen Phelps	Secretary	0.50	Officer Director	$0	$0	$0
Richard Stanton	Board Member	0.50	Director	$0	$0	$0
William Preston	Board Member	0.50	Director	$0	$0	$0
Kathy Wood	Board Member	0.50	Director	$0	$0	$0
Sarah Cotter	Board Member	0.50	Director	$0	$0	$0
Jeffrey Fick	Board Member	0.50	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
2018	$563	$634,335	No data	$-633,772

Pinnacle Charter School