THE ASSOCIATION OF BOARDING SCHOOLS (EIN 522206491) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

SUSAN BALDRIDGE

Phone

8282585354

Tax Period

2024-07-01 to 2025-06-30

THE ASSOCIATION OF BOARDING SCHOOLS, founded in 1999, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

THE TABS MISSION IS TO COUNSEL, CONNECT, AND CHAMPION BOARDING SCHOOLS SO THEY CAN TRANSFORM THE LIVES OF THEIR STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,190,380

Investment Income $8,476

Other Revenue $52,749

TOTAL REVENUE $3,251,605

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,433,810

Fundraising Expenses $0

Program Expenses $1,715,583

Other Expenses $1,817,952

TOTAL EXPENSES $3,251,762

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,251,605	$3,626,545	-0.1%
Expenses	$3,251,762	$3,285,290	0.0%
Net Income	$-157	$341,255	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$412,347

Total Directors

$412,347

Key Employees

$239,852

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN BALDRIDGE	PRESIDENT	40.00	Officer Director	$359,044	$53,303	$412,347
ALEX CURTIS	CO-CHAIR	3.00	Officer Director	$0	$0	$0
SUZANNE BUCK	CO-CHAIR	3.00	Officer Director	$0	$0	$0
INNES VAN NOSTRAND	TRUSTEE	3.00	Director	$0	$0	$0
SEAN ATKINS	TRUSTEE	1.00	Director	$0	$0	$0
PETER BECKER	TRUSTEE	1.00	Director	$0	$0	$0
BRENT BELL	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL BERGIN	TREASURER	1.00	Officer Director	$0	$0	$0
MEG BRADLEY	TRUSTEE	1.00	Director	$0	$0	$0
LINDA CARTER-GRIFFITH	TRUSTEE	1.00	Director	$0	$0	$0
HENRY FAIRFAX	TRUSTEE	1.00	Director	$0	$0	$0
PAMELA JORDAN	TRUSTEE	3.00	Director	$0	$0	$0
ED KIDD	TRUSTEE	3.00	Director	$0	$0	$0
JOY MCGRATH	TRUSTEE	1.00	Director	$0	$0	$0
SANDI PIERCE	TRUSTEE	1.00	Director	$0	$0	$0
LAWRENCE SAMPLETON	TRUSTEE	1.00	Director	$0	$0	$0
SYLVIANN SCHILLING	TRUSTEE	1.00	Director	$0	$0	$0
MIKE SCHLOAT	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA SCOTT	TRUSTEE	1.00	Director	$0	$0	$0
SUSAN WAYLAND	CFO	12.50	Officer	$0	$0	$0
EMILY BREITE	SR. VP MEMBER LEARNING & ENGAGEMENT	40.00	Key Emp	$207,278	$32,574	$239,852
MICHAEL SHAVER	VP, MARKETING & INFORMATION MGMT.	40.00	Highest	$127,885	$16,235	$144,120
DANIEL GENTLE	ASSOCIATE VP, SPONSOR RELATIONS & DEVELOPMENT	40.00	Highest	$128,330	$34,171	$162,501

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	$3,251,605	$3,251,762	$2,860,854	$-157
2024	$3,626,545	$3,285,290	$2,449,474	$341,255
2023	$3,562,669	$3,438,588	$2,543,500	$124,081
2022	$3,305,157	$2,960,285	$2,223,734	$344,872
2021	$3,515,260	$3,234,601	$1,562,148	$280,659
2020	$5,155,850	$5,051,615	$956,854	$104,235
2019	$5,570,667	$6,239,075	$1,218,674	$-668,408
2018	$5,561,168	$5,883,979	$2,954,005	$-322,811

THE ASSOCIATION OF BOARDING SCHOOLS