GROVER CLEVELAND-MASTERY CHARTER SCHOOL ELEMENTARY

EIN: 455142446 501(c)(3) Education

PHILADELPHIA, PA

Total Revenue
$15,081,516
Total Expenses
$13,908,400
Total Assets
$14,136,043
Net Assets
$10,358,218
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
PA
Principal Officer
DR JOEL BOYD
Phone
2158669000
Tax Period
2024-07-01 to 2025-06-30

GROVER CLEVELAND-MASTERY CHARTER SCHOOL ELEMENTARY, founded in 2012, is a mid-sized nonprofit in the Education sector that reported $15.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $13.9M left a modest 8% surplus.

Mission

STUDENTS LEARN THE SKILLS NEEDED FOR POST-SECONDARY SUCCESS AND ARE ABLE TO PURSUE THEIR DREAMS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,286,062
Program Service Revenue $13,396,248
Investment Income $398,720
Other Revenue $486
TOTAL REVENUE $15,081,516

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,473,148
Fundraising Expenses $0
Program Expenses $11,875,527
Other Expenses $6,435,252
TOTAL EXPENSES $13,908,400

Year-over-Year Comparison

2024 2023 Change
Revenue $15,081,516 $16,787,498 -0.1%
Expenses $13,908,400 $13,276,755 +0.0%
Net Income $1,173,116 $3,510,743 -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

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Governance

Voting Members
7
Independent Members
7
Employees
93
Volunteers
7

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
5
$201,986
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GERRY EMERY TREASURER 0.50
Officer Director
$0 $0 $0
SUZANNE BIEMILLER SECRETARY 0.50
Officer Director
$0 $0 $0
SHEREDA CROMWELL BOARD MEMBER 0.50
Director
$0 $0 $0
HOSEA HARVEY BOARD MEMBER 0.50
Director
$0 $0 $0
MARKIDA ROSS BOARD MEMBER 0.50
Director
$0 $0 $0
JUDITH TSCHIRGI BOARD MEMBER 0.50
Director
$0 $0 $0
ROY WADE BOARD MEMBER 0.50
Director
$0 $0 $0
MAX TARTAR PRINCIPAL 40.00
Officer
$168,338 $33,648 $201,986
SULAIMAN RAHMAN EX-OFFICIO CHAIR 0.50
Officer
$0 $0 $0
ROBERT VICTOR EX-OFFICIO CHAIR (UNTIL 12/24) 0.50
Officer
$0 $0 $0
DARRIEN PEOPLES ASST PRINCIPAL OF SCHOOL CULTURE 40.00
Highest
$120,012 $32,442 $152,454
SCOTT WEISCHEDEL ASST PRINCIPAL OF SPEC SERVICES 40.00
Highest
$116,011 $32,338 $148,349
FAYOLA FOSTER MATH TEACHER 40.00
Highest
$106,651 $36,565 $143,216
ERICA CRUZ ASST PRINCIPAL OF INSTRUCTION 40.00
Highest
$111,890 $13,926 $125,816
LATIISE WILKINS LEAD CASE MANAGER 40.00
Highest
$103,455 $13,515 $116,970
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 $15,081,516 $13,908,400 $14,136,043 $1,173,116
2024 $16,787,498 $13,276,755 $13,829,567 $3,510,743
2023 $14,656,684 $12,266,585 $9,326,381 $2,390,099
2022 $14,857,227 $13,081,702 $7,460,799 $1,775,525
2021 $12,554,688 $10,570,592 $5,907,712 $1,984,096
2020 $12,070,851 $11,448,884 $4,370,701 $621,967
2018 $10,864,963 $10,522,803 $4,438,401 $342,160
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