WIDENER PARTNERSHIP CHARTER SCHOOL INC

EIN: 421705892 501(c)(3)

CHESTER, PA

Total Revenue
N/A
Total Expenses
$1,371,132
Total Assets
N/A
Net Assets
N/A
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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
2006
Legal Domicile
PA
Principal Officer
NAFIS NICHOLS
Phone
6104473600
Tax Period
2024-07-01 to 2025-06-11

Mission

THE SCHOOL CEASED OPERATIONS AS OF JUNE 28, 2022.

Program Service Accomplishments

Program 1
Expenses: $1,333,953 Revenue: $0

THOUGH THE SCHOOL CEASED OPERATIONS AS OF JUNE 28, 2022, COSTS WERE INCURRED DURING FISCAL YEAR 2025 TO DISSOLVE THE ORGANIZATION. PROGRAM EXPENSES REPRESENT THE FINAL DISTRIBUTION OF ASSETS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $1,333,953
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,333,953
Other Expenses $37,179
TOTAL EXPENSES $1,371,132

Year-over-Year Comparison

2024 2023 Change
Revenue N/A N/A N/A
Expenses $1,371,132 $710,595 +0.9%
Net Income N/A $-710,595 N/A
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

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAFIS NICHOLS RECEIVER CUSD TRUSTEE 0.10
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
2025 No data $1,371,132 No data No data
2024 No data $710,595 $1,589,910 No data
2023 No data No data $2,363,935 No data
2022 $6,842,434 $7,153,481 $2,323,765 $-311,047
2021 $6,554,663 $5,746,260 $3,183,802 $808,403
2020 $6,457,500 $6,603,453 $2,327,594 $-145,953
2019 $6,291,778 $6,540,494 $2,442,033 $-248,716
2018 $6,152,422 $6,379,356 $2,621,064 $-226,934
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