SOMERSET CHRISTIAN SCHOOL FOUNDATION INC (EIN 472984054) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

MARK HARRELL

Phone

6064511600

Tax Period

2023-07-01 to 2024-06-30

SOMERSET CHRISTIAN SCHOOL FOUNDATION INC, founded in 2015, is a small nonprofit in the Religion sector that reported $209K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $254K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO SUPPORT THE CHARITABLE AND EDUCATIONAL PURPOSES OF SOMERSET CHRISTIAN SCHOOL.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $208,700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $208,700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $253,780

Other Expenses $253,780

TOTAL EXPENSES $253,780

Year-over-Year Comparison

	2023	2022	Change
Revenue	$208,700	$500,367	-0.6%
Expenses	$253,780	$464,590	-0.5%
Net Income	$-45,080	$35,777	-2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN FISHER	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN HAMPTON	DIRECTOR	N/A	Director	$0	$0	$0
MARK HARRELL	CHAIR	N/A	Officer Director	$0	$0	$0
GARY PHELPS	DIRECTOR	N/A	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
2024	$208,700	$253,780	$7,090	$-45,080
2023	$500,367	$464,590	$52,170	$35,777
2022	$181,881	$696,154	$16,393	$-514,273
2021	$680,627	$236,088	$531,891	$444,539
2020	$355,557	$360,699	$86,127	$-5,142
2019	$751,497	$765,935	$91,269	$-14,438

SOMERSET CHRISTIAN SCHOOL FOUNDATION INC