FRIENDS OF BAYSTATE ACADEMY CHARTER PUBLIC SCHOOL INC

EIN: 471471291 501(c)(3) Education

SPRINGFIELD, MA

Total Revenue
$422,564
Total Expenses
$370,531
Total Assets
$6,455,628
Net Assets
$269,044
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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
Principal Officer
TIMOTHY SNEED
Phone
4133665100
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF BAYSTATE ACADEMY CHARTER PUBLIC SCHOOL INC, founded in 2014, is a small nonprofit in the Education sector that reported $423K in total revenue in fiscal year 2024. Expenses of $371K left a modest 12% surplus.

Mission

A NONPROFIT VOLUNTEER ORGANIZATION DEVOTED TO PROVIDING CRITICAL FUNDING RESOURCES NECESSARY FOR BAYSTATE CHARTER PUBLIC SCHOOL TO FULFILL ITS ACADEMIC MISSION.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,500
Program Service Revenue $414,343
Investment Income $5,588
Other Revenue $1,133
TOTAL REVENUE $422,564

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $358,482
Other Expenses $370,531
TOTAL EXPENSES $370,531

Year-over-Year Comparison

2024 2023 Change
Revenue $422,564 $421,084 +0.0%
Expenses $370,531 $377,997 0.0%
Net Income $52,033 $43,087 +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

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Governance

Voting Members
4
Independent Members
4
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
2
$165,941
Total Directors
4
$165,941
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY SNEED PRESIDENT 0.50
Officer Director
$0 $589 $165,941
LISA DESOUSA TREASURER 0.00
Officer Director
$0 $0 $0
FRANK ROBINSON PHD BOARD MEMBER 0.00
Director
$0 $0 $0
EMMA FORD BOARD MEMBER 0.00
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 $422,564 $370,531 $6,455,628 $52,033
2024 No data No data No data No data
2023 $396,862 $382,202 $6,705,542 $14,660
2022 $414,497 $390,591 $6,863,498 $23,906
2021 $425,212 $387,001 $6,987,782 $38,211
2020 $1,748 $64 $7,097,147 $1,684
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