Revere Schools Foundation

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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

2014

Legal Domicile

Phone

3302240370

Tax Period

2025-01-01 to 2025-12-31

Revere Schools Foundation, founded in 2014, is a small nonprofit in the Education sector that reported $134K in total revenue in fiscal year 2025. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $44K, a strong 33% operating margin.

Mission

Support to Revere Local Schools in providing programing to promote experiential learning, produce leaders, and protect our kids.

Program Service Accomplishments

Program 1

Expenses: $87,755

Support to Revere Local Schools in providing programing to promote experiential learning, produce leaders, and protect our kids.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,303

Program Service Revenue $0

Investment Income $12,160

Other Revenue $118,521

TOTAL REVENUE $133,984

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $87,755

Other Expenses $90,375

TOTAL EXPENSES $90,375

Year-over-Year Comparison

	2025	2024	Change
Revenue	$133,984	$146,828	-0.1%
Expenses	$90,375	$67,502	+0.3%
Net Income	$43,609	$79,326	-0.5%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
Steve Scavuzzo	President	Officer Director	$0	$0	$0
Emily Addessi	Secretary	Officer Director	$0	$0	$0
Jennifer Burke	Director	Director	$0	$0	$0
Leigh Ann Swartz	Director	Director	$0	$0	$0
Tony Granata	Director	Director	$0	$0	$0
Joe Chiera	Director	Director	$0	$0	$0
Kara Buckler	Director	Director	$0	$0	$0
Megan Giltner	Director	Director	$0	$0	$0
Tammy Snyder	Director	Director	$0	$0	$0
Mark Lapikas	Treasurer	Officer	$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	$133,984	$90,375	$391,318	$43,609
2024	$146,828	$67,502	$347,709	$79,326