OLIVE GROVE CHARTER SCHOOLS INC (EIN 471825238) - 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

2014

Legal Domicile

Principal Officer

MEG RYDMAN

Phone

8056231111

Tax Period

2024-07-01 to 2025-06-30

OLIVE GROVE CHARTER SCHOOLS INC, founded in 2014, is a community nonprofit in the Education sector that reported $7.4M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $6.3M left a modest 15% surplus.

Mission

THE ORGANIZATION IS A CALIFORNIA PUBLIC CHARTER SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE.

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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 $7,321,632

Program Service Revenue $0

Investment Income $30,020

Other Revenue $0

TOTAL REVENUE $7,351,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,246,829

Fundraising Expenses $0

Program Expenses $4,802,203

Other Expenses $2,035,211

TOTAL EXPENSES $6,282,040

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,351,652	$6,296,191	+0.2%
Expenses	$6,282,040	$5,656,485	+0.1%
Net Income	$1,069,612	$639,706	+0.7%

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

$187,771

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEG RYDMAN	Superintendent	40.00	Officer	$156,406	$31,365	$187,771
Deb Willems	President	2.00	Officer Director	$0	$0	$0
Jackie Heidt	Vice President	2.00	Officer Director	$0	$0	$0
Terry Dickson	Secretary	2.00	Officer Director	$0	$0	$0
Hank Gallina	Treasurer	2.00	Officer Director	$0	$0	$0
Ivette Martinez	Trustee	2.00	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	$7,351,652	$6,282,040	$5,271,410	$1,069,612
2024	$6,296,191	$5,656,485	$4,985,673	$639,706
2023	$6,100,481	$6,481,951	$5,955,036	$-381,470
2022	$7,264,639	$6,718,733	$3,347,045	$545,906
2021	$7,817,175	$6,786,075	$4,573,534	$1,031,100
2020	$8,575,178	$9,912,184	$2,198,248	$-1,337,006
2018	$6,704,766	$5,766,698	$1,965,144	$938,068

OLIVE GROVE CHARTER SCHOOLS INC