THADEN SCHOOL (EIN 475317135) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

KIM STRICKLAND

Phone

4792685321

Tax Period

2024-07-01 to 2025-06-30

THADEN SCHOOL, founded in 2015, is a mid-sized nonprofit in the Education sector that reported $29.5M in total revenue in fiscal year 2017. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24.3M, a strong 82% operating margin.

Mission

TO OPERATE AN INDEPENDENT SCHOOL AND PROVIDE A BALANCED AND CHALLENGING EDUCATION THAT IGNITES IN OUR STUDENTS A PASSION FOR DISCOVERY AND LEARNING.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,835,571

Program Service Revenue $9,456,345

Investment Income $563,844

Other Revenue $-99,561

TOTAL REVENUE $24,756,199

Expense Breakdown

Grants Paid $4,807,522

Salaries & Benefits $11,342,417

Fundraising Expenses $200,090

Program Expenses $18,593,700

Other Expenses $5,926,145

TOTAL EXPENSES $22,076,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,756,199	$21,097,538	+0.2%
Expenses	$22,076,084	$21,573,035	+0.0%
Net Income	$2,680,115	$-475,497	-6.6%

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

184

Volunteers

115

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

$596,355

Total Directors

Key Employees

$168,708

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MALOY	HEAD OF SCHOOL	40	Officer	$335,428	$18,210	$353,638
CLAYTON MARSH	FORMER HEAD OF SCHOOL	0		$264,909	$16,629	$281,538
KIM STRICKLAND	CHIEF FIN AND OPERATIONS	40	Officer	$219,874	$22,843	$242,717
JASON CURTIS	CHIEF TECHNOLOGY OFFICER	40	Key Emp	$163,935	$4,773	$168,708
MANDI FAHEY	DIR OF ADMISSIONS	40	Highest	$143,083	$23,125	$166,208
SCOTT PASSMORE	DIR OF ATHLETICS	40	Highest	$142,658	$18,106	$160,764
JESSICA BONNEM	HEAD OF UPPER SCHOOL	40	Highest	$140,714	$9,892	$150,606
HELENE MENGERT	DIRECTOR OF ARTS	40	Highest	$120,030	$9,254	$129,284
BRANDI WISE	ASST. HEAD OF UPPER SCHOOL	40	Highest	$108,909	$19,572	$128,481
LISA HERSCHBACH	FORMER EXEC. DIR OF COMMUNITY RELATIONS	0		$101,625	$8,685	$110,310
DAVID SLONE	PRESIDENT	1	Officer Director	$0	$0	$0
SHARI STEIGER	VICE PRESIDENT	1	Officer Director	$0	$0	$0
ISAAC CODY	TREASURER	1	Officer Director	$0	$0	$0
MARKITA ROGERS	DIRECTOR (THRU 06/25)	1	Director	$0	$0	$0
SUSAN CHAMBERS	DIRECTOR	1	Director	$0	$0	$0
OMER TORE	DIRECTOR	1	Director	$0	$0	$0
CHRISTINE FRANCO	DIRECTOR	1	Director	$0	$0	$0
STEFAN STERNS	DIRECTOR	1	Director	$0	$0	$0
CHAD TURBEN	DIRECTOR	1	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	$24,756,199	$22,076,084	$77,085,983	$2,680,115
2024	$21,097,538	$21,573,035	$74,285,714	$-475,497
2023	$18,293,110	$20,801,237	$74,656,066	$-2,508,127
2022	$18,394,176	$18,981,491	$77,458,503	$-587,315
2021	$15,891,102	$17,309,164	$79,028,915	$-1,418,062
2020	$34,313,854	$13,732,869	$82,017,994	$20,580,985
2019	$27,446,252	$8,898,859	$62,713,397	$18,547,393
2018	$29,455,930	$5,160,790	$41,276,641	$24,295,140

THADEN SCHOOL