HARRINGTON PARK HOME & SCHOOL ASSOC

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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

STEPHANIE COLON-PALLER

Phone

2017685700

Tax Period

2022-07-01 to 2023-06-30

HARRINGTON PARK HOME & SCHOOL ASSOC, founded in 1976, is a small nonprofit in the Education sector that reported $166K in total revenue in fiscal year 2022. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO ESTABLISH VARIOUS PROGRAMS FOR EDUCATIONAL PURPOSES SUCH AS ENRICHMENT PROGRAMS, APPRECIATION PROGRAMS, CLASS TRIPS AND DONATIONS OF EDUCATIONAL EQUIPMENT TO THE HARRINGTON PARK SHOOL SYSTEM

Program Service Accomplishments

Program 1

Expenses: $67,912 Revenue: $12,027

VARIOUS EDUCATIONAL PROGRAMS INCLUDING ENRICHDMENT CLASS TRIP ETC

Program 2

Expenses: $19,046 Revenue: $19,614

CULTURAL ARTS PROGRAMS

Program 3

Expenses: $76,297

DONATION OF EDUCATION EQUIPMENT TO THE SCHOOL

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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 (2022)

Revenue Breakdown

Contributions & Grants $20,762

Program Service Revenue $31,641

Investment Income $0

Other Revenue $113,261

TOTAL REVENUE $165,664

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $163,255

Other Expenses $177,361

TOTAL EXPENSES $177,361

Year-over-Year Comparison

	2022	2021	Change
Revenue	$165,664	$145,373	+0.1%
Expenses	$177,361	$171,795	+0.0%
Net Income	$-11,697	$-26,422	-0.6%

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

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
GRACE WENG	PRESIDENT	5.00	Officer	$0	$0	$0
STEPHANIE COLON-PALLER	VP PROGRAMS	5.00	Officer	$0	$0	$0
JOSIE ADELSTEIN	CO-VP FUNDRAISING	5.00	Officer	$0	$0	$0
KRISTA MILANO	CO-VP FUNDRAISING	5.00	Officer	$0	$0	$0
LINA ANDERSON	TREASURER	8.00	Officer	$0	$0	$0
ELISE PAVONE	SECRETARY	5.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$165,664	$177,361	$30,080	$-11,697
2022	$145,373	$171,795	$41,778	$-26,422
2021	$12,934	$45,900	$68,200	$-32,966
2020	$131,345	$94,866	$101,166	$36,479
2019	$174,277	$187,206	$64,687	$-12,929
2018	$199,518	$196,763	$77,616	$2,755