MAINSPRING ACADEMY INC (EIN 473046264) - 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

2015

Legal Domicile

Principal Officer

DINA PARISI

Phone

9045030344

Tax Period

2024-07-01 to 2025-06-30

MAINSPRING ACADEMY INC, founded in 2015, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE QUALITY, INDIVIDUALIZED EDUCATION IN A SAFE LEARNING ENVIRONMENT WHERE CHILDREN WITH INTELLECTUAL AND DEVELOPMENTAL DIFFERENCES CAN THRIVE.

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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 $120,056

Program Service Revenue $1,633,244

Investment Income $5,647

Other Revenue $2,911

TOTAL REVENUE $1,761,858

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,256,481

Fundraising Expenses $65,472

Program Expenses $1,804,712

Other Expenses $707,358

TOTAL EXPENSES $1,963,839

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,761,858	$1,768,652	0.0%
Expenses	$1,963,839	$1,835,991	+0.1%
Net Income	$-201,981	$-67,339	+2.0%

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

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

$83,733

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DINA PARISI	HEAD OF SCHO	60.00	Officer	$83,733	$0	$83,733
GENE ATWOOD	DIRECTOR	4.00	Director	$0	$0	$0
AMANDA KINCADE	SECRETARY	4.00	Officer Director	$0	$0	$0
GABRIELLE RAIA	DIRECTOR	4.00	Director	$0	$0	$0
MATTHEW SIMPSON	CHAIRPERSON	4.00	Officer Director	$0	$0	$0
JASON ZOLLINGER	TREASURER	4.00	Officer 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	$635,801	$827,181	No data	$-191,380
2025	$1,761,858	$1,963,839	$1,181,778	$-201,981
2024	$1,768,652	$1,835,991	$1,637,268	$-67,339
2023	$1,381,887	$1,395,968	$1,995,016	$-14,081
2022	$1,505,784	$1,183,214	$645,504	$322,570
2021	$1,032,694	$1,048,659	$385,987	$-15,965
2020	$1,169,233	$927,267	$383,110	$241,966
2019	$1,158,988	$1,444,570	$166,524	$-285,582
2018	$1,358,552	$1,424,623	$309,222	$-66,071

MAINSPRING ACADEMY INC