BELMONT CHARTER SCHOOL (EIN 371437182) - 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

2002

Legal Domicile

Principal Officer

THERESA DOGGETT

Phone

2157901294

Tax Period

2023-07-01 to 2024-06-30

BELMONT CHARTER SCHOOL, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $24.4M in total revenue in fiscal year 2023. Expenses of $23.6M left a modest 3% surplus.

Mission

OPERATION OF CHARTER 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 (2023)

Revenue Breakdown

Contributions & Grants $6,851,692

Program Service Revenue $17,565,254

Investment Income $0

Other Revenue $2,328

TOTAL REVENUE $24,419,274

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,993,841

Fundraising Expenses $0

Program Expenses $17,437,928

Other Expenses $9,583,650

TOTAL EXPENSES $23,577,491

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,419,274	$23,142,305	+0.1%
Expenses	$23,577,491	$21,394,295	+0.1%
Net Income	$841,783	$1,748,010	-0.5%

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

261

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

$279,210

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL KARP	PRESIDENT	5.00	Director	$0	$0	$0
LESLIE CONVEY	SECETARY	1.00	Director	$0	$0	$0
ALICE GIBBS	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA KAMINSKY	BOARD MEMBER	1.00	Director	$0	$0	$0
DOMINIQUE REIFF	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVE PARICO	TREASURER	1.00	Director	$0	$0	$0
PAULETTE ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
JENNIFER FAUSTMAN	CEO	40.00	Officer	$185,722	$93,488	$279,210
KAREN MCGANN	DIRECTOR OF SPECIAL EDUCAT	40.00	Highest	$134,479	$24,013	$158,492
DENISE METZ	HEAD OF ACADEMICS	40.00	Highest	$124,423	$63,870	$188,293
KATHERINE DIMANNO	HEAD OF SCHOOL	40.00	Highest	$127,923	$23,183	$151,106
LASHAYA DUVAL	HEAD OF SCHOOL	40.00	Highest	$129,625	$16,905	$146,530
STEPHANIE WILLIAMS	HEAD OF SCHOOL	40.00	Highest	$127,923	$27,668	$155,591

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	$24,419,274	$23,577,491	$8,550,056	$841,783
2023	$23,142,305	$21,394,295	$7,419,976	$1,748,010
2022	$21,008,354	$18,683,403	$6,922,339	$2,324,951
2021	$18,285,038	$15,170,541	$5,518,933	$3,114,497
2020	$15,631,756	$14,671,846	$3,386,573	$959,910
2019	$14,769,557	$13,970,658	$3,650,710	$798,899
2018	$11,927,450	$12,044,926	$3,862,617	$-117,476

BELMONT CHARTER SCHOOL