SCHOOL OF CHOICE EDUCATION ORGANIZATION (EIN 454277736) - 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

2012

Legal Domicile

Principal Officer

KYLE VANDER MEULEN

Phone

3124939929

Tax Period

2024-07-01 to 2025-06-30

SCHOOL OF CHOICE EDUCATION ORGANIZATION, founded in 2012, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $352K in total revenue in fiscal year 2024. Expenses of $451K exceeded revenue, resulting in a 28% operating deficit.

Mission

TO PARTNER WITH HAITIANS TO DEVELOP AND EDUCATE HAITIAN YOUTH TO LEAD THEIR COMMUNITIES, HAITI, AND THE WORLD.

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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 $270,324

Program Service Revenue $0

Investment Income $81,691

Other Revenue $0

TOTAL REVENUE $352,015

Expense Breakdown

Grants Paid $257,721

Salaries & Benefits $164,407

Fundraising Expenses $0

Program Expenses $282,519

Other Expenses $28,612

TOTAL EXPENSES $450,740

Year-over-Year Comparison

	2024	2023	Change
Revenue	$352,015	$345,648	+0.0%
Expenses	$450,740	$705,757	-0.4%
Net Income	$-98,725	$-360,109	-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

$229,517

Total Directors

$229,517

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE VANDER MEULEN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LAURA P HARTMAN	EXECUTIVE DIRECTOR	40.00	Officer Director	$114,583	$0	$114,583
IONE CASSENS	CAMPUS DIRECTOR	40.00	Officer Director	$114,934	$0	$114,934
NANCY WALTON	SECRETARY	1.00	Officer Director	$0	$0	$0
NINA BARREIRO	TREASURER	1.00	Officer Director	$0	$0	$0
LEAH BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
FRITZ DUROSEAU	DIRECTOR	1.00	Director	$0	$0	$0
FRITZ JEAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGETTE JEAN-LOUIS	DIRECTOR	1.00	Director	$0	$0	$0
ROB PADBERG	DIRECTOR	1.00	Director	$0	$0	$0
TONI SOTTAK	DIRECTOR	1.00	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	$352,015	$450,740	$1,637,050	$-98,725
2024	$345,648	$705,757	$1,744,499	$-360,109
2023	$376,190	$631,789	$2,073,570	$-255,599
2022	$886,101	$558,497	$2,307,404	$327,604
2021	$623,055	$649,882	$1,984,334	$-26,827
2020	$397,047	$557,064	$2,011,024	$-160,017
2019	$1,343,167	$510,598	$2,170,837	$832,569

SCHOOL OF CHOICE EDUCATION ORGANIZATION