CENTRAL SCHOOL OF PRACTICAL NURSING TA

EIN: 346507840 501(c)(3)

BROOKLYN, OH

Total Revenue
$581,133
Total Expenses
$702,291
Total Assets
$405,068
Net Assets
$405,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
OH
Phone
2166897663
Tax Period
2025-01-01 to 2025-12-31

CENTRAL SCHOOL OF PRACTICAL NURSING TA, founded in 1957, is a small nonprofit that reported $581K in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $702K exceeded revenue, resulting in a 21% operating deficit.

Mission

IN ACCORDANCE WITH THE TRUST AGREEMENT DATED OCTOBER 15, 1954, KEYBANK AS TRUSTEE, DISTRIBUTES NET INCOME FROM THIS TRUST FUND, WHICH WAS ESTABLISHED FOR THE SOLE BENEFIT OF THE CENTRAL SCHOOL OF PRACTICAL NURSING, TO THE SCHOOL'S CHECKING ACCOUNT. ALL INCOME DERIVED FROM THIS TRUST IS USED FOR THE SCHOOL EXPENSES, THE PROMOTION OF THE BEST INTERESTS OF THE SCHOOL, OR THE EXPANSION THEREOF. UNDER THE OHIO INSTITUTIONAL TRUST FUNDS ACT OF 1999, THE BENEFICIARY HAS CHOSEN TO RECEIVE THE MAXIMUM OF INCOME BASED ON THE GREATER OF 5% AFV OR TRADITIONAL INCOME. FURTHERMORE, KEYBANK MUST OBTAIN WRITTEN APPROVAL FROM THE FUND'S INVESTMENT COMMITTEE PRIOR TO CONDUCTING ANY ACTIVITY WITH THE ASSETS HELD IN THIS TRUST FUND. KEYBANK MAINTAINS A RESPONSIVENESS TO THE NEEDS AND ACTIVITIES OF THE BENEFICIARY ORGANIZATION IN THE ATTAINMENT OF ITS MISSION.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $581,133
Other Revenue $0
TOTAL REVENUE $581,133

Expense Breakdown

Grants Paid $672,330
Salaries & Benefits $10,688
Fundraising Expenses $0
Program Expenses $672,330
Other Expenses $19,273
TOTAL EXPENSES $702,291

Year-over-Year Comparison

2025 2024 Change
Revenue $581,133 $513,622 +0.1%
Expenses $702,291 $569,995 +0.2%
Net Income $-121,158 $-56,373 +1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.0
$10,688 $0 $10,688
HENRY OTT HANSEN COMMITTEE MEMBER 1.0
Officer
$0 $0 $0
GEORGIA FROLICH COMMITTEE MEMBER 1.0
Officer
$0 $0 $0
CHANDLER H EVERETT COMMITTEE MEMBER 1.0
Officer
$0 $0 $0
HENRI PELL JUNOD JR COMMITTEE MEMBER 1.0
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 $581,133 $702,291 $405,068 $-121,158
2024 No data No data No data No data
2023 $916,634 $1,225,419 $585,835 $-308,785
2022 $724,669 $1,521,907 $899,031 $-797,238
2021 $752,348 $219,630 $1,699,221 $532,718
2020 $114,239 $206,163 $1,172,406 $-91,924
2019 $444,436 $966,315 $1,262,892 $-521,879
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