PROVISIONAL EDUCATIONAL SERVICES INC (EIN 330096289) - 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

1984

Legal Domicile

Principal Officer

DWAINE RADDEN SR

Phone

9098877002

Tax Period

2024-07-01 to 2025-06-30

PROVISIONAL EDUCATIONAL SERVICES INC, founded in 1984, is a community nonprofit in the Education sector that reported $9.3M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 23% operating margin.

Mission

PROVIDING EDUCATIONAL SERVICES THROUGH OPERATION OF A CHARTER SCHOOL AND OTHER PROGRAMS.

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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 $9,082,463

Program Service Revenue $214,239

Investment Income $0

Other Revenue $14,050

TOTAL REVENUE $9,310,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,997,774

Fundraising Expenses $0

Program Expenses $5,325,284

Other Expenses $2,194,559

TOTAL EXPENSES $7,192,333

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,310,752	$7,656,979	+0.2%
Expenses	$7,192,333	$7,581,992	-0.1%
Net Income	$2,118,419	$74,987	+27.3%

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

128

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

$333,204

Total Directors

Key Employees

$162,270

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD STRICKLAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
MILDRED HENRY	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
LINDA WILSON-GOMEZ	MEMBER	2.00	Director	$0	$0	$0
REGINALD YOUNG	MEMBER	2.00	Director	$0	$0	$0
PAMELA MONTANA	MEMBER	2.00	Director	$0	$0	$0
MARION BLACK	PRESIDENT EMERITUS	2.00	Officer Director	$0	$0	$0
DWAINE RADDEN SR	EXECUTIVE OFFICER	40.00	Officer	$279,768	$53,436	$333,204
TAMMIE JACKSON	BUSINESS MANAGER	40.00	Key Emp	$162,270	$0	$162,270

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	$9,310,752	$7,192,333	$6,278,821	$2,118,419
2024	No data	No data	No data	No data
2023	$6,576,582	$6,702,692	$4,187,305	$-126,110
2022	$5,138,371	$6,274,453	$4,451,586	$-1,136,082
2021	$8,302,484	$5,386,600	$5,384,370	$2,915,884
2020	$5,408,816	$4,810,776	$2,621,710	$598,040

PROVISIONAL EDUCATIONAL SERVICES INC