THE SCHOOL FOR STRINGS INC (EIN 510201835) - 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

1975

Legal Domicile

Phone

2123150915

Tax Period

2024-09-01 to 2025-08-31

THE SCHOOL FOR STRINGS INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $510K, a strong 25% operating margin.

Mission

TO PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS.

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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 $120,109

Program Service Revenue $1,189,667

Investment Income $769,305

Other Revenue $-6,058

TOTAL REVENUE $2,073,023

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,090,636

Fundraising Expenses $0

Program Expenses $1,156,562

Other Expenses $472,385

TOTAL EXPENSES $1,563,021

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,073,023	$1,603,295	+0.3%
Expenses	$1,563,021	$1,540,817	+0.0%
Net Income	$510,002	$62,478	+7.2%

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

$188,239

Total Directors

$188,239

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDER YUDKOVSKY	EXECUTIVE DIRECTOR	40.00	Officer Director	$166,837	$21,402	$188,239
CARLA SOLOMON	TRUSTEE	0.10	Director	$0	$0	$0
GREGORY GALTERIO	CHAIRMAN/PRESIDENT/TRUSTEE	0.10	Officer Director	$0	$0	$0
JULIANA PEREIRA	SECRETARY/TRUSTEE	0.10	Officer Director	$0	$0	$0
PHILIP TOH	TREASURER/TRUSTEE	0.50	Officer Director	$0	$0	$0
RANI ZARINA VAZ	TRUSTEE	0.10	Director	$0	$0	$0
SUSAN EDELSTEIN	TRUSTEE	0.10	Director	$0	$0	$0
JOHN BESSONETTE	TRUSTEE	0.10	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	$2,073,023	$1,563,021	$15,095,158	$510,002
2024	$1,603,295	$1,540,817	$14,039,478	$62,478
2023	$1,417,864	$1,507,050	$12,615,533	$-89,186
2022	$1,493,999	$1,518,961	$12,108,681	$-24,962
2021	$1,609,621	$1,472,218	$12,982,899	$137,403
2020	$1,920,563	$1,573,407	$11,894,209	$347,156
2019	$2,214,953	$1,518,630	$11,217,949	$696,323
2018	$1,976,922	$1,508,256	$10,467,990	$468,666

THE SCHOOL FOR STRINGS INC