CAMBRIDGE SCHOOL INC

EIN: 522100915 501(c)(3) Education

BALTIMORE, MD

Total Revenue
$2,603,809
Total Expenses
$2,263,496
Total Assets
$5,391,832
Net Assets
$4,957,658
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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
MD
Principal Officer
JONATHAN NELSON
Phone
4104863686
Tax Period
2024-07-01 to 2025-06-30

CAMBRIDGE SCHOOL INC, founded in 1998, is a community nonprofit in the Education sector that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $2.3M left a modest 13% surplus.

Mission

AT CAMBRIDGE SCHOOL, WE BELIEVE IT IS OUR RESPONSIBILITY TO HELP DEVELOP IN OUR STUDENTS THE CAPACITY AND CHARACTER REQUIRED TO LIVE OUT THEIR GOD-GIVEN DESTINIES. IN PREPARING THEM FOR HIGH SCHOOL AND BEYOND, WE PARTNER WITH PARENTS TO EDUCATE OUR STUDENTS' HEARTS AND MINDS IN BOTH VIRTUE AND TRUTH. WE VALUE THE WHOLE CHILD, AND SEE EACH AS BEING WONDERFULLY AND FEARFULLY MADE IN THE IMAGE OF GOD. OUR EDUCATIONAL PRINCIPLES ARE BASED ON THE STRONG BELIEF THAT EACH CHILD IS UNIQUELY GIFTED. WE RELY ON A CHRIST-CENTERED, INTEGRAL, AND CLASSICAL CURRICULUM, WHICH ALLOWS EACH OF OUR STUDENTS TO TAKE ADVANTAGE OF TIME-TESTED MATERIAL IN ACHIEVING PERSONAL EXCELLENCE, WHILE SEEING GOD'S OMNIPRESENCE AS WELL AS THEIR OWN INFINITE CONNECTIONS TO THE WORLD AROUND THEM. WE BELIEVE THERE IS JOY IN THE EDUCATIONAL PROCESS; THUS, WE ALSO SEEK TO INSPIRE IN OUR CHILDREN ENGAGEMENT IN A LIFE-LONG LEARNING PROCESS THAT IS DEFINED BY THINKING DEEPLY AND KNOWING GOD'S VOICE AND HIS TRUTH.

Program Service Accomplishments

Program 1
Expenses: $1,916,760 Revenue: $2,129,196

CAMBRIDGE SCHOOL SEEKS TO DEVELOP IN OUR STUDENTS THE CAPACITY AND CHARACTER REQUIRED TO LIVE OUT THEIR GOD-GIVEN DESTINIES AS THEY PROCEED TO HIGH SCHOOL AND BEYOND.

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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 $295,957
Program Service Revenue $2,008,943
Investment Income $139,798
Other Revenue $159,111
TOTAL REVENUE $2,603,809

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,650,676
Fundraising Expenses $60,021
Program Expenses $1,916,760
Other Expenses $612,820
TOTAL EXPENSES $2,263,496

Year-over-Year Comparison

2024 2023 Change
Revenue $2,603,809 $2,867,263 -0.1%
Expenses $2,263,496 $2,130,812 +0.1%
Net Income $340,313 $736,451 -0.5%
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
11
Independent Members
11
Employees
40
Volunteers
300

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
5
$172,394
Total Directors
10
$172,394
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY LYNCH BOARD CHAIR 2.00
Officer Director
$0 $0 $0
HEATHER STRUBE EX-OFFICIO HEAD OF SCHOOL 60.00
Officer Director
$147,857 $24,537 $172,394
MARTIN LUKOWSKI TREASURER 2.00
Officer Director
$0 $0 $0
JONATHON NELSON VICE CHAIR 2.00
Officer Director
$0 $0 $0
NICHOLE SULLIVAN DIRECTOR 2.00
Director
$0 $0 $0
JEFF SQUIRES DIRECTOR 2.00
Director
$0 $0 $0
JANIECE COOK DIRECTOR 2.00
Director
$0 $0 $0
SARAH ANN HAWKEY SECRETARY 2.00
Officer Director
$0 $0 $0
JEROME WATKINS DIRECTOR 2.00
Director
$0 $0 $0
SARAH LANDIS DIRECTOR 2.00
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 $2,603,809 $2,263,496 $5,391,832 $340,313
2024 $2,867,263 $2,130,812 $4,687,300 $736,451
2023 $2,346,884 $2,110,580 $3,512,285 $236,304
2022 $2,116,125 $2,043,209 $2,980,136 $72,916
2021 $2,042,307 $1,895,611 $3,158,745 $146,696
2020 $1,755,756 $1,587,552 $2,530,061 $168,204
2019 $1,960,074 $1,841,485 $2,491,151 $118,589
2018 $2,098,281 $1,365,811 $2,228,414 $732,470
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