Walbridge School Inc (EIN 391543440) - 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

1986

Legal Domicile

Principal Officer

Steven Huizenga

Phone

6088331338

Tax Period

2019-07-01 to 2020-06-30

Walbridge School Inc, founded in 1986, is a small nonprofit that reported $355K in total revenue in fiscal year 2019. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $422K exceeded revenue, resulting in a 19% operating deficit.

Mission

Walbridge School provides an individualized education program that teaches students with learning disabilities or who just learn differently. Walbridge teaches to a student's strengths and not their weaknesses.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $105,497

Program Service Revenue $249,076

Investment Income $406

Other Revenue $0

TOTAL REVENUE $354,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $310,618

Fundraising Expenses $6,991

Program Expenses $337,601

Other Expenses $111,328

TOTAL EXPENSES $421,946

Year-over-Year Comparison

	2019	2018	Change
Revenue	$354,979	$447,153	-0.2%
Expenses	$421,946	$412,617	+0.0%
Net Income	$-66,967	$34,536	-2.9%

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

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

$65,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Colleen Lourigan	Executive Dir.	45.00	Officer	$65,200	$0	$65,200
Thomas Vercauteren	Vice President	2.00	Officer Director	$0	$0	$0
Matthew Nicgorski	Treasurer	2.00	Officer Director	$0	$0	$0
Steven Huizenga	Chairman	4.00	Officer Director	$0	$0	$0
Don Trask	Director	2.00	Director	$0	$0	$0
Melissa Gower	Secretary	2.00	Officer 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
2020	$354,979	$421,946	$95,190	$-66,967
2019	$447,153	$412,617	$171,576	$34,536
2018	$408,385	$421,672	$141,048	$-13,287

Walbridge School Inc