PREPARATORY SCHOOL OF THE DISTRICT OF COLUMBIA INC (EIN 521918567) - 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

1998

Legal Domicile

Principal Officer

BETTY NORTH

Phone

2027225080

Tax Period

2022-09-01 to 2023-08-31

PREPARATORY SCHOOL OF THE DISTRICT OF COLUMBIA INC, founded in 1998, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring.

Mission

EDUCATION

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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 $25,104

Program Service Revenue $266,582

Investment Income $0

Other Revenue $0

TOTAL REVENUE $291,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $262,266

Fundraising Expenses $0

Program Expenses $238,474

Other Expenses $26,823

TOTAL EXPENSES $289,089

Year-over-Year Comparison

	2022	2021	Change
Revenue	$291,686	$738,554	-0.6%
Expenses	$289,089	$565,725	-0.5%
Net Income	$2,597	$172,829	-1.0%

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

$86,977

Total Directors

$11,565

Key Employees

$45,346

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY NORTH	EXECUTIVE DIRECTOR	40.00	Officer Key Emp Highest	$45,346	$0	$45,346
LINDA ZAKI	TREASURER	40.00	Officer	$41,631	$0	$41,631
CAROL PHILLIPS	SECRETARY	15.00	Officer	$0	$0	$0
RICHARD REAVIS	DIRECTOR	2.00	Director	$11,565	$0	$11,565

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
2023	$291,686	$289,089	$30,021	$2,597
2022	$738,554	$855,155	$284,795	$-116,601
2021	$788,554	$775,270	$588,361	$13,284
2020	$800,984	$914,859	$107,958	$-113,875
2019	$1,046,195	$912,323	$18,519	$133,872
2018	$1,084,321	$1,080,001	$20,277	$4,320

PREPARATORY SCHOOL OF THE DISTRICT OF COLUMBIA INC