South County Day School

EIN: 510197324 501(c)(3) Education

North Kingstown, RI

Total Revenue
$858,724
Total Expenses
$1,013,232
Total Assets
$988,205
Net Assets
$623,482
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
RI
Principal Officer
Glenn Stinson
Phone
4012943575
Tax Period
2024-09-01 to 2025-08-31

South County Day School, founded in 1976, is a small nonprofit in the Education sector that reported $859K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 18% operating deficit.

Mission

Provides pre-K through grade 3 education for the region and offers extended childcare options to enrolled students attending this school. Licensed by RI Department of Education and RIDCYF in these capacities

Program Service Accomplishments

Program 1
Expenses: $763,847 Revenue: $824,575

Pre-K to grade 3 education program. Educated approximately 100 students.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,941
Program Service Revenue $824,575
Investment Income $14,270
Other Revenue $7,938
TOTAL REVENUE $858,724

Expense Breakdown

Grants Paid $0
Salaries & Benefits $790,905
Fundraising Expenses $0
Program Expenses $763,847
Other Expenses $222,327
TOTAL EXPENSES $1,013,232

Year-over-Year Comparison

2024 2023 Change
Revenue $858,724 $995,788 -0.1%
Expenses $1,013,232 $999,080 +0.0%
Net Income $-154,508 $-3,292 +45.9%
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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Governance

Voting Members
7
Independent Members
7
Employees
23
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
4
$0
Total Directors
9
$113,395
Key Employees
1
$113,395
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Reis Executive Director 035.00
Director Key Emp
$106,500 $6,895 $113,395
Kathy Vigness-Raposa President 001.00
Officer Director
$0 $0 $0
Glenn Stinson Treasurer 003.00
Officer Director
$0 $0 $0
Jaime LaPorte Member 001.00
Director
$0 $0 $0
Stephanie Karambelas Member 001.00
Director
$0 $0 $0
Kathryn D'Ovidio Member 001.00
Director
$0 $0 $0
Stacy Hurley Secretary 001.00
Officer Director
$0 $0 $0
Mariam Amanullah Member 001.00
Director
$0 $0 $0
Autumn Oczkowski Vice President 001.00
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 $858,724 $1,013,232 $988,205 $-154,508
2024 $995,788 $999,080 $965,830 $-3,292
2023 $921,098 $903,053 $935,006 $18,045
2022 $998,010 $889,542 $851,218 $108,468
2021 $953,195 $771,508 $674,576 $181,687
2020 $684,915 $784,069 $530,998 $-99,154
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