PARENTS ASSOCIATION OF THE SALK SCHOOL OF SCIENCE - FKA FRIENDS OF THE SALK SCH (EIN 412064335) - 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

Phone

2126148785

Tax Period

2018-07-01 to 2019-06-30

PARENTS ASSOCIATION OF THE SALK SCHOOL OF SCIENCE - FKA FRIENDS OF THE SALK SCH, founded in 2002, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2018. The organization ran a surplus of $64K, a strong 29% operating margin.

Mission

THE SALK SCHOOL'S MISSION IS TO TAKE ADVANTAGE OF YOUNG PEOPLE'S NATURAL CURIOSITY AND TO ENGAGE THEM IN LEARNING THAT IS PERSONALLY MEANINGFUL, SOCIALLY RESPONSIBLE, AND ACADEMICALLY RIGOROUS. OUR GOAL IS TO HELP STUDENTS DEVELOP THE HABITS OF MIND OF VARIOUS EXPERTS AND BECOME LIFELONG LEARNERS WHO ARE REFLECTIVE, CREATIVE AND INDEPENDENT THINKERS BY HAVING THEM ENGAGE WITH POWERFUL IDEAS ACROSS THE CONTENT AREAS. ADDITIONALLY, WE HELP STUDENTS THINK CRITICALLY AND SOLVE PROBLEMS TO IMPROVE THEIR COMMUNITIES. COMMITTED TO EXCELLENCE AND EQUITY, WE SEEK TO PREPARE ALL STUDENTS FOR THE CHALLENGES OF THE 21ST CENTURY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $152,889

Program Service Revenue $3,603

Investment Income $1,831

Other Revenue $64,998

TOTAL REVENUE $223,321

Expense Breakdown

Grants Paid $87,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,198

Other Expenses $72,087

TOTAL EXPENSES $159,087

Year-over-Year Comparison

	2018	2017	Change
Revenue	$223,321	$232,997	0.0%
Expenses	$159,087	$185,290	-0.1%
Net Income	$64,234	$47,707	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYLANNE JAROSLAW	CO-TREASURER	6.00	Officer	$0	$0	$0
MEGAN KELLY	Co-President	8.00	Officer	$0	$0	$0
SUSI NICHOL	Co-President	20.00	Officer	$0	$0	$0
RACHELLE SORENSON	8TH GRADE REP	2.00	Officer	$0	$0	$0
LISA ALTSCHULER	Secretary	4.00	Officer	$0	$0	$0
Jill Bregenzer	Co-Treasurer	10.00	Officer	$0	$0	$0
HARLEY ABREVAYA	7TH GRADE REP	2.00	Officer	$0	$0	$0
THOMASINA FORBES	CO-President	20.00	Officer	$0	$0	$0
AYELET KOREN	7TH GRADE REP	2.00	Officer	$0	$0	$0
LIAT REEIS	7TH GRADE REP	2.00	Officer	$0	$0	$0
STEPHANIE WEISS	7TH GRADE REP	2.00	Officer	$0	$0	$0
JOCELYN ANKER	6TH GRADE REP	4.00	Officer	$0	$0	$0
JANE BERCK	6TH GRADE REP	2.00	Officer	$0	$0	$0
LAURA HEPLER TAPPE	6TH GRADE REP	2.00	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
2019	$223,321	$159,087	$525,208	$64,234

PARENTS ASSOCIATION OF THE SALK SCHOOL OF SCIENCE - FKA FRIENDS OF THE SALK SCH