Charlotte Preparatory School Inc (EIN 452588411) - 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

2011

Legal Domicile

Principal Officer

Chris Marblo

Phone

7043665994

Tax Period

2024-07-01 to 2025-06-30

Charlotte Preparatory School Inc, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $15.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $4.6M, a strong 29% operating margin.

Mission

Charlotte Preparatory School fosters lifelong learning and provides an exemplary educational experience founded on academic excellence, positive character, and leadership development in a diverse, inclusive community.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,669,188

Program Service Revenue $11,048,536

Investment Income $160,617

Other Revenue $2,946,436

TOTAL REVENUE $15,824,777

Expense Breakdown

Grants Paid $476,679

Salaries & Benefits $7,414,826

Fundraising Expenses $381,307

Program Expenses $8,472,677

Other Expenses $3,368,737

TOTAL EXPENSES $11,260,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,824,777	$16,780,164	-0.1%
Expenses	$11,260,242	$11,739,897	0.0%
Net Income	$4,564,535	$5,040,267	-0.1%

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

159

Volunteers

140

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

$361,564

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Marblo	Ex-Officio	50.00	Officer	$346,133	$15,431	$361,564
Elizabeth G Goldstein	Dir. of Finance	50.00		$133,728	$7,848	$141,576
Jeanette Stiles	Dir. of Technology	45.00		$118,165	$7,848	$126,013
Megan Wright	Head of Middle Sch	45.00		$118,730	$368	$119,098
Tahseen Bock	Director	2.00	Director	$0	$0	$0
JeNai Redwood	Vice President	2.00	Officer Director	$0	$0	$0
Jade Murray	Treasurer	4.00	Officer Director	$0	$0	$0
Jeff Mitchell	Secretary	2.00	Officer Director	$0	$0	$0
Robert Frost	President	2.00	Officer Director	$0	$0	$0
Alia Paige Callis	Director	2.00	Director	$0	$0	$0
Emily Cantrell	Director	2.00	Director	$0	$0	$0
Sandy Midlam	Director	2.00	Director	$0	$0	$0
JD Costa	Director	2.00	Director	$0	$0	$0
Amy Merino	Director	2.00	Director	$0	$0	$0
Caroline Green	Director	2.00	Director	$0	$0	$0
Richard Pulliam	Director	2.00	Director	$0	$0	$0
Kisha Jones	Director	2.00	Director	$0	$0	$0
Katie McCoy	Director	2.00	Director	$0	$0	$0
Kristen Martin	Director	2.00	Director	$0	$0	$0
David Reisner	Director	2.00	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	$15,824,777	$11,260,242	$34,396,041	$4,564,535
2024	$16,780,164	$11,739,897	$21,644,410	$5,040,267
2023	$9,564,533	$8,710,752	$20,997,954	$853,781
2022	$9,084,492	$8,054,210	$19,776,753	$1,030,282
2021	$8,078,522	$6,947,278	$19,217,558	$1,131,244
2020	$7,148,634	$6,903,392	$18,181,271	$245,242
2019	$7,401,105	$7,125,217	$17,905,095	$275,888
2018	$7,316,807	$6,763,654	$18,283,752	$553,153

Charlotte Preparatory School Inc