HOMETECH CHARTER SCHOOL INC

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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

Principal Officer

JULIE CRANDALL

Phone

5308721171

Tax Period

2024-07-01 to 2025-06-30

HOMETECH CHARTER SCHOOL INC, founded in 2014, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2024. Expenses of $2.1M left a modest 11% surplus.

Mission

HOMETECH CHARTER SCHOOL IS A CALIFORNIA PUBLIC CHARTER SCHOOL SPONSORED BY PARADISE UNIFIED SCHOOL DISTRICT. OUR MISSION IS TO OPERATE AN INDEPENDENT STUDY BASED INSTRUCTION PROGRAM FOR STUDENTS IN GRADES KINDERGARTEN THROUGH 12.

Program Service Accomplishments

Program 1

Expenses: $1,889,671

DELIVERED A QUALITY, PUBLIC EDUCATION TO APPROXIMATELY 129 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 $2,271,581

Program Service Revenue $0

Investment Income $310

Other Revenue $50,818

TOTAL REVENUE $2,322,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,434,899

Fundraising Expenses $0

Program Expenses $1,889,671

Other Expenses $631,679

TOTAL EXPENSES $2,066,578

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,322,709	$2,155,216	+0.1%
Expenses	$2,066,578	$1,824,690	+0.1%
Net Income	$256,131	$330,526	-0.2%

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

$190,526

Total Directors

$121,650

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE CRANDALL	PRINCIPAL	40.00	Officer	$137,891	$52,635	$190,526
DANIELLE DIPIETRO-HAWKINS	TEACHER REP.	35.00	Director	$93,377	$28,273	$121,650
CARMEL BUCKHOUT	COMMUNITY RE	1.00	Director	$0	$0	$0
ARIANE FIALON	COMMUNITY RE	1.00	Director	$0	$0	$0
CHRISTINA POWELL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARGARET VANLAANMARTIN	COMMUNITY RE	1.00	Director	$0	$0	$0
JESSICA WEEDON	PARENT REP.	1.00	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	$2,322,709	$2,066,578	$3,729,060	$256,131
2024	$2,155,216	$1,824,690	$3,716,239	$330,526
2023	$1,757,544	$1,523,785	$3,207,993	$233,759
2022	$1,346,355	$1,306,976	$2,301,881	$39,379
2021	$1,607,166	$1,107,100	$2,169,886	$500,066
2020	$1,611,436	$1,163,180	$1,884,461	$448,256
2019	$1,879,950	$1,453,262	$1,257,778	$426,688
2018	$1,534,475	$1,321,948	$826,296	$212,527