The Folk School (EIN 452974643) - 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

Phone

9074571219

Tax Period

2024-01-01 to 2024-12-31

The Folk School, founded in 2011, is a small nonprofit in the Youth Development sector that reported $292K in total revenue in fiscal year 2024.

Mission

The Folk School, in keeping with a 200-year-old tradition, is dedicated to enriching lives and building community by passing on skills and personal knowledge in a nurturing environment. The Folk School provides year-round, affordable programs in a variety of hands-on disciplines

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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 $112,087

Program Service Revenue $156,756

Investment Income $4,310

Other Revenue $19,339

TOTAL REVENUE $292,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,654

Fundraising Expenses $1,059

Program Expenses $190,172

Other Expenses $220,016

TOTAL EXPENSES $309,670

Year-over-Year Comparison

	2024	2023	Change
Revenue	$292,492	$274,648	+0.1%
Expenses	$309,670	$269,126	+0.2%
Net Income	$-17,178	$5,522	-4.1%

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

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
Kuowei Lee	Board Member	1.00	Director	$0	$0	$0
Gordon Williams	Vice President	1.00	Officer	$0	$0	$0
Douglas Bishop	Treasurer	1.00	Officer	$0	$0	$0
Randall Rozier	President	1.00	Officer	$0	$0	$0
Matthew Labrenz	Secretary	1.00	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
2024	$292,492	$309,670	$584,625	$-17,178
2023	$274,648	$269,126	$391,734	$5,522
2022	$240,581	$217,437	$383,134	$23,144
2021	$314,311	$203,804	$364,222	$110,507
2020	$213,111	$173,318	$180,138	$39,793
2020	$222,701	$173,318	$189,728	$49,383
2019	$226,141	$208,379	$106,605	$17,762

The Folk School