DHARMA EDUCATIONAL INSTITUTE (EIN 462168409) - 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

2013

Legal Domicile

Principal Officer

RICHARD THOMAS

Phone

8186559602

Tax Period

2024-07-01 to 2025-06-30

DHARMA EDUCATIONAL INSTITUTE, founded in 2013, is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $4.2M exceeded revenue, resulting in a 23% operating deficit.

Mission

THE NEW HORIZONS CHARTER ACADEMY (NHCA) BELIEVES EVERY STUDENT IS GIFTED, AND PROVIDES ALL OF THEIR STUDENTS WITH A RIGOUROUS AND COMPREHENSIVE, MULTI-DISCIPLINARY STANDARDS BASED INSTRUCTIONAL PROGRAM IN ALL CONTENT AREAS. NHCA VALUES EACH ONE OF THEIR COMMUNITY MEMBERS AND WILL BUILD ON THE CULTURAL AND LINGUISTIC BACKGROUND OF EACH INDIVIDUAL.

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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 $3,403,913

Program Service Revenue $0

Investment Income $0

Other Revenue $7,387

TOTAL REVENUE $3,411,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,224,226

Fundraising Expenses $0

Program Expenses $3,229,845

Other Expenses $1,967,403

TOTAL EXPENSES $4,191,629

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,411,300	$4,757,307	-0.3%
Expenses	$4,191,629	$4,912,738	-0.1%
Net Income	$-780,329	$-155,431	+4.0%

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

$288,471

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD THOMAS	EXECUTIVE DI	40.00	Officer	$272,808	$15,663	$288,471
DR MARIO CASTANDA	MEMBER	2.00	Director	$0	$0	$0
MINAS DJEKTIAN	MEMBER	2.00	Director	$0	$0	$0
SHARON HANSEL-COHEN	MEMBER	2.00	Director	$0	$0	$0
MICAELA MENDIVIL	MEMBER	2.00	Director	$0	$0	$0
MARY MINASSIAN	SECRETARY	2.00	Officer Director	$0	$0	$0
GILBERT NAJM	MEMBER	2.00	Director	$0	$0	$0
DAVID SAMS	CHAIR	2.00	Officer Director	$0	$0	$0
ILLANA YOUNGHEIM	MEMBER	2.00	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	$3,411,300	$4,191,629	$12,100,130	$-780,329
2024	No data	No data	No data	No data
2023	$5,483,630	$5,205,562	$4,419,761	$278,068
2022	$4,770,851	$4,396,801	$2,820,608	$374,050
2021	$4,749,718	$3,769,357	$2,132,874	$980,361
2020	$3,917,169	$3,956,290	$991,891	$-39,121
2019	$4,063,676	$4,227,849	$969,005	$-164,173
2018	$3,952,189	$4,024,225	$1,068,636	$-72,036

DHARMA EDUCATIONAL INSTITUTE