ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS FACILITIES CORPORATION (EIN 452947371) - 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

DAVID LAUCK

Phone

2139434930

Tax Period

2022-07-01 to 2023-06-30

ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS FACILITIES CORPORATION, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $17.4M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE PRIMARY PURPOSE OF THE CORPORATION IS TO FACILITATE THE DEVELOPMENT OF CHARTER SCHOOLS BY ACQUIRING, DEVELOPING, AND OWNING CHARTER SCHOOLS AND PROVIDING SUCH FACILITIES TO CHARTER SCHOOLS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $500,000

Program Service Revenue $15,701,457

Investment Income $610,004

Other Revenue $605,587

TOTAL REVENUE $17,417,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,196,400

Other Expenses $18,196,400

TOTAL EXPENSES $18,196,400

Year-over-Year Comparison

	2022	2021	Change
Revenue	$17,417,048	$16,014,326	+0.1%
Expenses	$18,196,400	$19,083,454	0.0%
Net Income	$-779,352	$-3,069,128	-0.7%

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

N/A

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

$725,257

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH DRAKE	CHAIRMAN/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
VIRGIL ROBERTS	SECRETARY/BOARD MEMBER	1.00	Officer Director	$0	$0	$0
DAVID LAUCK	CHIEF FINANCIAL OFFICER	5.00	Officer	$0	$23,851	$262,034
PABLO CESAR VILLAVICENCIO	CHIEF EXECUTIVE OFFICER	5.00	Officer	$0	$67,174	$463,223

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	No data	No data	No data	No data
2023	$17,417,048	$18,196,400	$234,143,596	$-779,352
2022	$16,014,326	$19,083,454	$237,347,993	$-3,069,128
2021	$18,102,977	$19,644,414	$262,311,538	$-1,541,437
2020	$16,738,824	$20,177,477	$270,171,168	$-3,438,653
2019	$13,240,114	$20,308,416	$252,261,042	$-7,068,302
2018	$16,935,667	$17,844,469	$278,498,452	$-908,802

ALLIANCE FOR COLLEGE-READY PUBLIC SCHOOLS FACILITIES CORPORATION