PROSPECT SCHOOLS INC (EIN 331174065) - 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

2007

Legal Domicile

Principal Officer

HILLARY PRINCE

Phone

7186431086

Tax Period

2024-07-01 to 2025-06-30

PROSPECT SCHOOLS INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $12.0M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $11.1M left a modest 8% surplus.

Mission

TO PROVIDE COMPREHENSIVE MANAGEMENT SERVICES TO BROOKLYN PROSPECT CHARTER SCHOOL AND TO RAISE FUNDS IN SUPPORT OF THE SCHOOL.

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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 $1,682,097

Program Service Revenue $10,306,851

Investment Income $1,119

Other Revenue $23,030

TOTAL REVENUE $12,013,097

Expense Breakdown

Grants Paid $525,311

Salaries & Benefits $7,989,748

Fundraising Expenses $454,720

Program Expenses $9,338,874

Other Expenses $2,574,891

TOTAL EXPENSES $11,089,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,013,097	$10,660,191	+0.1%
Expenses	$11,089,950	$11,232,281	0.0%
Net Income	$923,147	$-572,090	-2.6%

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

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

$1,418,203

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PENNY MARZULLI	CHAIR/ SECRETARY	1.00	Officer Director	$0	$0	$0
AHMED HAQUE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KATE WALKER	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHEN BAILEY	TRUSTEE	1.00	Director	$0	$0	$0
ELDRIDGE GILBERT III	TRUSTEE	1.00	Director	$0	$0	$0
TRESHA WARD	CHIEF EXECUTIVE OFFICER	50.00	Officer	$329,706	$27,027	$356,733
HILLARY PRINCE	CHIEF FINANCIAL OFFICER	50.00	Officer	$242,034	$51,962	$293,996
YEHONATAN SAMUEL-SIEGEL	CHIEF OPERATING OFFICER	50.00	Officer	$209,969	$66,969	$276,938
KECIA CLARK	CHIEF ACADEMIC OFFICER	50.00	Officer	$209,969	$18,655	$228,624
PAUL ASTUTO	CHIEF OF STAFF	50.00	Officer	$199,616	$62,296	$261,912
SARAH ANN CANEY	DEPUTY CHIEF OF SCHOOLS	40.00	Highest	$190,897	$21,409	$212,306
STACY-ANN BRISSETT-ROSE	DEPUTY CHIEF OF SCHOOLS	40.00	Highest	$157,651	$26,028	$183,679
NOAH HELLMAN	DEPUTY CHIEF OF SCHOOLS	40.00	Highest	$170,498	$64,071	$234,569
SOUNG HO PARK	DIRECTOR OF FINANCE	40.00	Highest	$133,898	$5,605	$139,503
TINA DASS	DIRECTOR OF SCHOOL OPERATIONS	40.00	Highest	$140,540	$30,229	$170,769

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	$12,013,097	$11,089,950	$5,809,356	$923,147
2024	$10,660,191	$11,232,281	$5,175,027	$-572,090
2023	$9,043,437	$9,274,141	$6,258,572	$-230,704
2022	$6,588,021	$7,346,199	$2,420,982	$-758,178
2021	$6,213,918	$6,339,992	$3,261,917	$-126,074
2020	$7,039,893	$5,957,446	$3,820,756	$1,082,447
2019	$4,806,265	$4,677,632	$2,400,447	$128,633
2018	$1,371,715	$1,175,422	$1,824,874	$196,293

PROSPECT SCHOOLS INC