School for Community Learning (EIN 460884458) - 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

Megan Howey-Hughes

Phone

3179265812

Tax Period

2023-07-01 to 2024-06-30

School for Community Learning, founded in 2012, is a small nonprofit in the Education sector that reported $555K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $523K left a modest 6% surplus.

Mission

The School for Community Learning is a K-8th grade independent school in Indianapolis. The mission of the school is to uncover, recover, and discover the unique gifts and talents that each child brings to school.

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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 (2023)

Revenue Breakdown

Contributions & Grants $498,171

Program Service Revenue $55,763

Investment Income $318

Other Revenue $941

TOTAL REVENUE $555,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $378,939

Fundraising Expenses $3,236

Program Expenses $480,285

Other Expenses $144,065

TOTAL EXPENSES $523,004

Year-over-Year Comparison

	2023	2022	Change
Revenue	$555,193	$410,443	+0.4%
Expenses	$523,004	$513,385	+0.0%
Net Income	$32,189	$-102,942	-1.3%

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

$46,188

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Megan Howey Hughes	Executive Director	040.00	Key Emp	$46,188	$0	$46,188
Diana Shellhaas	Board Member	005.00	Officer Director	$0	$0	$0
Virginia Holiday	Board Member	005.00	Officer Director	$0	$0	$0
Chuck Corbin	Board Member	005.00	Officer Director	$0	$0	$0
Monica Miller	Board Member	005.00	Director	$0	$0	$0
Sam Ansell	Board Member	005.00	Director	$0	$0	$0
Shalise Lee	Board Member	005.00	Director	$0	$0	$0
Deborah Brown	Board Member	005.00	Director	$0	$0	$0
Maria Bustamante Laster	Board Member	005.00	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
2024	$555,193	$523,004	$77,617	$32,189
2023	$410,443	$513,385	$70,799	$-102,942
2022	$485,375	$462,898	$167,732	$22,477
2021	$439,030	$375,088	$58,428	$63,942
2020	$408,923	$426,509	$22,169	$-17,586
2019	$461,192	$476,149	$12,443	$-14,957
2018	$465,905	$459,931	$16,444	$5,974

School for Community Learning