THE SCANDINAVIAN SCHOOL FOUNDATION INC (EIN 475359348) - 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

SEAN SHARP

Phone

9172045710

Tax Period

2024-01-01 to 2024-12-31

THE SCANDINAVIAN SCHOOL FOUNDATION INC, founded in 2015, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2024. Revenue surged 1671% from the prior year, signaling strong growth momentum. The organization ran a surplus of $25K, a strong 94% operating margin.

Mission

PROVIDE CONTINUING SUPPORT TO THE SCANDINAVIAN SCHOOL IN JERSEY CITY FOR BOOKS AND SUPPLIES, EDUCATIONAL MATERIALS AND TEACHER DEVELOPMENT.

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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 $26,846

Program Service Revenue $0

Investment Income $15

Other Revenue $0

TOTAL REVENUE $26,861

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,583

TOTAL EXPENSES $1,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$26,861	$1,517	+16.7%
Expenses	$1,583	$118	+12.4%
Net Income	$25,278	$1,399	+17.1%

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

N/A

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
CHERYL SHARP	TRUSTEE	N/A	Officer Director	$0	$0	$0
MARIA GERMERUD SHARP	PRESIDENT &	N/A	Officer Director	$0	$0	$0
SEAN SHARP	TRUSTEE	N/A	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
2024	$26,861	$1,583	$33,165	$25,278
2023	$1,517	$118	$7,887	$1,399
2022	$2,656	$2,052	$6,488	$604
2021	$5,158	$2,601	$5,884	$2,557
2020	$14,056	$23,601	$3,327	$-9,545
2019	$46,255	$44,109	$12,872	$2,146
2018	$23,719	$16,236	$10,725	$7,483

THE SCANDINAVIAN SCHOOL FOUNDATION INC