21st Century Charter School of Gary co GEO Foundation (EIN 421659388) - 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

2005

Legal Domicile

Phone

3175361027

Tax Period

2023-07-01 to 2024-06-30

21st Century Charter School of Gary co GEO Foundation, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $21.0M in total revenue in fiscal year 2023.

Mission

To EMPOWER students to ACCELERATE their academic pathways to ADVANCE their social mobility and ACHIEVE their career and life-long goals.

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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 $18,921,128

Program Service Revenue $2,051,258

Investment Income $-2,914

Other Revenue $19,156

TOTAL REVENUE $20,988,628

Expense Breakdown

Grants Paid $250

Salaries & Benefits $10,031,551

Fundraising Expenses $0

Program Expenses $19,874,074

Other Expenses $10,970,014

TOTAL EXPENSES $21,001,815

Year-over-Year Comparison

	2023	2022	Change
Revenue	$20,988,628	$21,089,287	0.0%
Expenses	$21,001,815	$20,754,544	+0.0%
Net Income	$-13,187	$334,743	-1.0%

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

305

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Arlene Colvin	Chairperson	2.0	Officer Director	$0	$0	$0
Nadine Mcdowell	Secretary/Treasurer	2.0	Officer Director	$0	$0	$0
Dana Gore	Member	2.0	Director	$0	$0	$0
Matt Wells	Member	2.0	Director	$0	$0	$0
R Louis Gonzalez	Member	2.0	Director	$0	$0	$0
Dana L Teasley	School Treasurer	15.0	Officer	$0	$0	$0
Kevin Teasley	Superintendent	15.0	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	No data	No data	No data	No data
2024	$20,988,628	$21,001,815	$19,467,536	$-13,187
2023	$21,089,287	$20,754,544	$20,166,798	$334,743
2022	$25,130,222	$22,525,993	$19,834,341	$2,604,229
2021	$15,193,404	$13,969,293	$16,296,159	$1,224,111
2020	$14,805,537	$13,338,745	$14,447,955	$1,466,792
2019	$10,137,843	$11,145,951	$12,821,499	$-1,008,108
2018	$10,403,988	$10,189,960	$14,492,032	$214,028

21st Century Charter School of Gary co GEO Foundation