SPRINGFIELD, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC, founded in 2013, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $963K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $289K, a strong 30% operating margin.
THE FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL ("THE FRIENDS OF SPCS") IS A CHARITABLE ORGANIZATION THAT RAISES FUNDS TO SUPPORT THE SUCCESS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL ("SPRINGFIELD PREP").
THE FRIENDS OF SPRINGFIELD PREP (FRIENDS) IS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION IN MASSACHUSETTS. IT WORKS CLOSELY WITH THE EXECUTIVE DIRECTOR OF SPRINGFIELD PREP TO COORDINATE THE...
THE FRIENDS OF SPRINGFIELD PREP (FRIENDS) IS INCORPORATED AS A NOT-FOR-PROFIT ORGANIZATION IN MASSACHUSETTS. IT WORKS CLOSELY WITH THE EXECUTIVE DIRECTOR OF SPRINGFIELD PREP TO COORDINATE THE SCHOOL'S SHORT-TERM AND LONG-TERM FUND DEVELOPMENT PLAN. ALL FUNDS RAISED THROUGH THE EFFORTS OF THE FRIENDS OF SPCS ARE USED TO DIRECTLY FURTHER THE MISSION OF SPRINGFIELD PREP. IN 2020, FRIENDS PURCHASED A PROPERTY TO RENOVATE AND BECOME THE LONG-TERM HOME FOR SPCS. IN 2020, SPRINGFIELD PREP REALTY, INC. WAS INCORPORATED AS AN ADDITIONAL SUPPORTING ORGANIZATION OF SPCS. FRIENDS TRANSFERRED THE PROPERTY AT 2071 ROOSEVELT AVENUE TO SPRINGFIELD PREP REALTY, INC. SPCS TOOK OCCUPANCY OF THE NEWLY RENOVATED PROPERTY IN AUGUST 2021, AND CONSTRUCTION IS NOW COMPLETED.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $962,791 | $728,583 | +0.3% |
| Expenses | $673,321 | $615,070 | +0.1% |
| Net Income | $289,470 | $113,513 | +1.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM SPIRER | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $1,219 | $150,999 |
| JEAN CALLAN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JENNIFER GABRIEL | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| AIMEE BOUCHARD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TRICIA WALKER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBIN OLEJARZ | DIRECTOR (UNTIL 8/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $962,791 | $673,321 | $16,282,391 | $289,470 |
| 2024 | $728,583 | $615,070 | $16,372,444 | $113,513 |
| 2023 | $758,473 | $437,611 | $16,635,431 | $320,862 |
| 2022 | $575,633 | $382,708 | $16,646,897 | $192,925 |
| 2021 | $874,595 | $1,428,040 | $13,385,567 | $-553,445 |
| 2020 | $2,218,645 | $506,435 | $7,034,996 | $1,712,210 |
Compare FRIENDS OF SPRINGFIELD PREPARATORY CHARTER SCHOOL INC with other nonprofits in Massachusetts and across the country.