PSASB INC (EIN 454536607) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

RICHARD LAWHEAD

Phone

9093822211

Tax Period

2023-07-01 to 2024-06-30

PSASB INC, founded in 2000, is a community nonprofit in the Education sector that reported $7.5M in total revenue in fiscal year 2023. Expenses of $7.2M left a modest 4% surplus.

Mission

TO DEVELOP CADETS TOWARD A CAREER IN PUBLIC SAFETY SERVICE THROUGH A PROCESS OF RIGOROUS ACADEMICS, REALISTIC HANDS-ON TRAINING, ATTITUDE DEVELOPMENT, FITNESS IMPROVEMENT AND STRICT DISCIPLINE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,475,261

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,475,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,087,257

Fundraising Expenses $12,846

Program Expenses $5,996,301

Other Expenses $2,101,645

TOTAL EXPENSES $7,188,902

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,475,261	$7,695,284	0.0%
Expenses	$7,188,902	$6,483,329	+0.1%
Net Income	$286,359	$1,211,955	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$316,359

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD LAWHEAD	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR SAMUEL GIBBS	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTOPHER CLAUTICE	TREASURER	1.00	Officer Director	$0	$0	$0
DR EMILY HILL	MEMBER	1.00	Director	$0	$0	$0
PHIL GOODRICH	MEMBER	1.00	Director	$0	$0	$0
DAN HARP	MEMBER	1.00	Director	$0	$0	$0
DAVID SMITH	MEMBER	1.00	Director	$0	$0	$0
THOMAS CONWAY	MEMBER	1.00	Director	$0	$0	$0
RICHARD TOMBOC	MEMBER	1.00	Director	$0	$0	$0
JENNIFER STICKEL	PRINCIPAL	40.00	Officer	$177,647	$32,469	$210,116
GINA STORM	BUSINESS MANAGER	40.00	Officer	$97,941	$8,302	$106,243
SANDRA M HERNANDEZ	TEACHER	40.00	Highest	$110,491	$0	$110,491
EVON AILABOUNI CHEMBERLEN	ASSISTANT PRINCIPAL	40.00	Highest	$138,636	$38,613	$177,249
DANIEL THAYER RUSSELL	TEACHER	40.00	Highest	$107,018	$0	$107,018
HELEN CRAWFORD	TEACHER	40.00	Highest	$132,554	$23,109	$155,663
ELISE DEAN	ADMINISTRATOR OF INSTRUCTION	40.00	Highest	$107,684	$32,182	$139,866

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	$7,475,261	$7,188,902	$9,544,615	$286,359
2023	$7,695,284	$6,483,329	$9,972,986	$1,211,955
2022	$7,103,017	$6,054,108	$7,491,642	$1,048,909
2021	$6,379,191	$5,064,742	$5,342,799	$1,314,449
2020	$5,906,748	$5,277,079	$4,102,420	$629,669
2019	$5,636,436	$5,593,114	$3,404,003	$43,322
2018	$5,015,159	$4,671,170	$3,390,704	$343,989

PSASB INC