SORENSEN MAGNET SCHOOL OF THE ARTS AND HUMANITIES PARENT-TEACHER ORG (EIN 463460418) - 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

DANIELLE QUADE

Phone

2088188193

Tax Period

2024-07-01 to 2025-06-30

SORENSEN MAGNET SCHOOL OF THE ARTS AND HUMANITIES PARENT-TEACHER ORG, founded in 2013, is a small nonprofit in the Education sector that reported $137K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $37K, a strong 27% operating margin.

Mission

THE SORENSEN MAGNET SCHOOL OF THE ARTS AND HUMANITIES PARENT TEACHER ORGANIZATION (SMPTO) IS ORGANIZED EXCLUSIVELY FOR CHARITABLE OR EDUCATIONAL PURPOSES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. WE WORK TO ENHANCE SORENSEN STUDENTS.

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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 $0

Program Service Revenue $201

Investment Income $21,556

Other Revenue $115,274

TOTAL REVENUE $137,031

Expense Breakdown

Grants Paid $85,080

Salaries & Benefits $0

Fundraising Expenses $1,383

Program Expenses $95,673

Other Expenses $14,507

TOTAL EXPENSES $99,587

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,031	$158,710	-0.1%
Expenses	$99,587	$92,914	+0.1%
Net Income	$37,444	$65,796	-0.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIELLE QUADE	PRESIDENT	5.00	Officer	$0	$0	$0
CHANDRA SHUPE	PRESIDENT	5.00	Officer	$0	$0	$0
LESLIE JERKINS	SECRETARY	5.00	Officer	$0	$0	$0
BRENDA BOOKHOLTZ	TREASURER	5.00	Officer	$0	$0	$0
NICOLE BERK	DIRECTOR	5.00	Director	$0	$0	$0
MYRIAH TOLLETT	DIRECTOR	5.00	Director	$0	$0	$0
KRISTEN BRINGHAM	DIRECTOR	5.00	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	$137,031	$99,587	$428,912	$37,444
2024	$158,710	$92,914	$390,990	$65,796

SORENSEN MAGNET SCHOOL OF THE ARTS AND HUMANITIES PARENT-TEACHER ORG