LITTLE FOLKS SCHOOL INC (EIN 520968237) - 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

1976

Legal Domicile

Principal Officer

JAMES GILROY

Phone

2023336571

Tax Period

2024-01-01 to 2024-12-31

LITTLE FOLKS SCHOOL INC, founded in 1976, is a community nonprofit that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 9% surplus.

Mission

TO MANAGE AND OPERATE A NURSERY SCHOOL DEVELOPING THE SOCIAL, COGNITIVE, PHYSICAL AND AESTHETIC SKILLS OF THE CHILD.

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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 $623,444

Program Service Revenue $2,453,242

Investment Income $54,876

Other Revenue $0

TOTAL REVENUE $3,131,562

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,905,616

Fundraising Expenses $0

Program Expenses $2,683,918

Other Expenses $944,693

TOTAL EXPENSES $2,850,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,131,562	$2,072,829	+0.5%
Expenses	$2,850,309	$2,430,074	+0.2%
Net Income	$281,253	$-357,245	-1.8%

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

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

$227,373

Total Directors

$227,373

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES GILROY	DIRECTOR	40.00	Officer Director	$222,346	$5,027	$227,373
MEGAN CHOUNOUNE	TRUSTEE	0.50	Director	$0	$0	$0
ALDEN ELLIS	TRUSTEE	0.50	Director	$0	$0	$0
TERYL GLAVCHOVSKI	TRUSTEE	0.50	Director	$0	$0	$0
AZALI KASSUM	BOARD CHAIR	0.50	Director	$0	$0	$0
ROHIT KINRA	VICE BOARD C	0.50	Director	$0	$0	$0
AMELIA MAKIN	TRUSTEE	0.50	Director	$0	$0	$0
JANICE POUCH	TRUSTEE	0.50	Director	$0	$0	$0
JILL SMITH	TRUSTEE	0.50	Director	$0	$0	$0
SURI THUMMALA	TRUSTEE	0.50	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	$3,131,562	$2,850,309	$6,572,382	$281,253
2023	$2,072,829	$2,430,074	$6,385,467	$-357,245
2022	$2,453,398	$2,209,834	$6,856,418	$243,564
2021	$2,262,838	$1,974,121	$6,721,980	$288,717
2020	$1,902,414	$1,843,947	$6,332,715	$58,467

LITTLE FOLKS SCHOOL INC