COVENANT NURSERY SCHOOL (EIN 363005088) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1954

Legal Domicile

Principal Officer

BARBARA JALOWIEC

Phone

7735737937

Tax Period

2024-06-01 to 2025-05-31

COVENANT NURSERY SCHOOL, founded in 1954, is a small nonprofit that reported $416K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $387K left a modest 7% surplus.

Mission

PROVIDE NURSERY SCHOOL FOR APPROXIMATELY 120 STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $390,399

Investment Income $14,485

Other Revenue $11,143

TOTAL REVENUE $416,027

Expense Breakdown

Grants Paid $0

Salaries & Benefits $292,064

Fundraising Expenses $0

Program Expenses $387,303

Other Expenses $95,239

TOTAL EXPENSES $387,303

Year-over-Year Comparison

	2024	2023	Change
Revenue	$416,027	$495,369	-0.2%
Expenses	$387,303	$367,491	+0.1%
Net Income	$28,724	$127,878	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

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

$60,674

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA JALOWIEC	PRESIDENT	1.00	Officer	$0	$0	$0
MALEEHA MUBASHIRUDDIN	DIRECTOR	40.00	Officer	$60,674	$0	$60,674
DAVE YONG	TREASURER	1.00	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	$416,027	$387,303	$310,562	$28,724
2024	$495,369	$367,491	$236,390	$127,878
2023	$306,041	$378,270	No data	$-72,229
2023	$333,204	$355,270	$99,685	$-22,066
2021	$232,846	$265,191	$181,604	$-32,345
2020	$425,281	$313,494	$203,696	$111,787

COVENANT NURSERY SCHOOL