Discovery Charter School Group (EIN 475370695) - 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

2016

Legal Domicile

Principal Officer

Carl Forsyth

Phone

9848885504

Tax Period

2023-07-01 to 2024-06-30

Discovery Charter School Group, founded in 2016, is a community nonprofit in the Education sector that reported $5.4M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $6.3M exceeded revenue, resulting in a 15% operating deficit.

Mission

Operation of a public charter school -- Discovery Charter School. Also, provide additional support for the 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 $197,463

Program Service Revenue $5,242,813

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,440,276

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,045,287

Fundraising Expenses $0

Program Expenses $3,916,629

Other Expenses $3,220,403

TOTAL EXPENSES $6,265,690

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,440,276	$7,366,717	-0.3%
Expenses	$6,265,690	$4,867,726	+0.3%
Net Income	$-825,414	$2,498,991	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cary Forsyth	Chair	001.50	Officer Director	$0	$0	$0
Miya Brown	Secretary	001.50	Officer Director	$0	$0	$0
Mario Rodriguez	Vice Chair	001.50	Officer Director	$0	$0	$0
Scott Talbert	Member	001.50	Director	$0	$0	$0
Jeff Faucette	Treasurer	001.50	Officer Director	$0	$0	$0
Toni Shellady	Executive Director	040.00	Highest	$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	$5,440,276	$6,265,690	$6,946,744	$-825,414
2023	$7,366,717	$4,867,726	$6,163,533	$2,498,991
2022	$3,535,265	$3,145,921	$2,447,239	$389,344
2021	$2,290,400	$1,799,709	$1,864,384	$490,691
2020	$1,193,300	$1,014,682	$178,618	$178,618

Discovery Charter School Group