PbS Learning Institute Inc

EIN: 352226280 501(c)(3) Education

Braintree, MA

Total Revenue
$1,830,434
Total Expenses
$2,161,106
Total Assets
$2,045,017
Net Assets
$1,301,431
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
MA
Principal Officer
Simon Gonsoulin
Phone
7812224788
Tax Period
2023-07-01 to 2024-06-30

PbS Learning Institute Inc, founded in 2004, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $2.2M exceeded revenue, resulting in a 18% operating deficit.

Mission

The PbS Learning Institute, Inc. (PbS) (DBA Center for Improving Youth Justice) is dedicated to the implementation of the performance-based standards (PbS) system of continuous improvement to juvenile facilities and programs and the expansion of the approach to all residential facilities and additional components of the juvenile justice system. The PbS's mission is to ensure PbS and its application to other settings, such as commodity-based standards (CBS), are implemented with integrity and integrated into daily facility and agency operations. The PbS LI serves as the fiscal agent for PbS and operates as a self-sustaining organization. The PbS's Board of Directors (The Board) is responsible for serving as the guardian of the PbS's mission. The Board makes sure the organization lives up to its basic commitment, assesses its performance at regular intervals and makes sure the staff has the resources needed to fulfill 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 (2023)

Revenue Breakdown

Contributions & Grants $600,297
Program Service Revenue $1,222,359
Investment Income $7,778
Other Revenue $0
TOTAL REVENUE $1,830,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $965,837
Fundraising Expenses $0
Program Expenses $1,417,728
Other Expenses $1,195,269
TOTAL EXPENSES $2,161,106

Year-over-Year Comparison

2023 2022 Change
Revenue $1,830,434 $2,235,143 -0.2%
Expenses $2,161,106 $2,206,487 0.0%
Net Income $-330,672 $28,656 -12.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
7
Volunteers
10

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
5
$224,549
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kim Godfrey Lovett Executive Director 40.00
Officer
$215,627 $8,922 $224,549
Loura Costello Coons Web Developer 40.00
Highest
$142,113 $5,892 $148,005
Stacey Busby Controller 40.00
Highest
$131,437 $1,158 $132,595
Brendan Donahue Data and Technology Director 40.00
Highest
$107,285 $34,924 $142,209
Simon Gonsoulin President 3.00
Officer Director
$0 $0 $0
Ernestine Gray Vice President 3.00
Officer Director
$0 $0 $0
Angela Williams Treasurer 3.00
Officer Director
$0 $0 $0
Shannon Weston PhD Clerk 3.00
Officer Director
$0 $0 $0
Joseph Dominick Director 2.00
Director
$0 $0 $0
Velvet McGowan Director 2.00
Director
$0 $0 $0
Terri Williams Director 2.00
Director
$0 $0 $0
Akin Fadeyi Director 2.00
Director
$0 $0 $0
Melissa Sickmund Director 2.00
Director
$0 $0 $0
Donnell Drinks Director 2.00
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 $1,830,434 $2,161,106 $2,045,017 $-330,672
2023 $2,235,143 $2,206,487 $2,244,405 $28,656
2022 $2,161,588 $2,278,799 $1,893,398 $-117,211
2021 $2,143,207 $1,953,492 $2,222,083 $189,715
2020 $2,078,269 $2,039,813 $1,992,100 $38,456
2019 $1,990,086 $2,128,819 $1,801,441 $-138,733
2018 $2,158,121 $2,136,127 $1,840,230 $21,994
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