CHILDREN'S SCHOOL OF OAK PARK (EIN 522441512) - 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

2004

Legal Domicile

Principal Officer

DAVID NOVAK

Phone

7084848033

Tax Period

2023-08-01 to 2024-07-31

CHILDREN'S SCHOOL OF OAK PARK, founded in 2004, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 22% operating deficit.

Mission

OUR MISSION IS TO NURTURE STUDENTS' INNATE CURIOSITY AND LOVE OF LEARNING THROUGH DEMOCRATIC PRACTICE, EMERGENT CURRICULUM AND HANDS-ON PROJECTS, HELPING STUDENTS BECOME LIFELONG PROBLEM-SOLVERS AND ENGAGED CITIZENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $73,724

Program Service Revenue $1,433,616

Investment Income $47,982

Other Revenue $-10,236

TOTAL REVENUE $1,545,086

Expense Breakdown

Grants Paid $70,483

Salaries & Benefits $1,195,747

Fundraising Expenses $0

Program Expenses $1,572,993

Other Expenses $611,094

TOTAL EXPENSES $1,877,324

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,545,086	$1,945,491	-0.2%
Expenses	$1,877,324	$1,942,654	0.0%
Net Income	$-332,238	$2,837	-118.1%

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

$171,787

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH S MORTON	PRESIDENT	5.00	Officer Director	$0	$0	$0
DAVID NOVAK	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
GINA BRAUN	TREASURER	3.00	Officer Director	$0	$0	$0
BETH MARSHALL-BERGMAN	SECRETARY	3.00	Officer Director	$0	$0	$0
ALLISON MALONEY	DIRECTOR	2.00	Director	$0	$0	$0
SUNIL PEDDAKOTLA	DIRECTOR	2.00	Director	$0	$0	$0
GLORIA MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
LORI NITZSCHE	DIRECTOR	2.00	Director	$0	$0	$0
PETER HUGH	DIRECTOR	2.00	Director	$0	$0	$0
CHRISTINA MARTIN	DIR. OF CURRICULUM	40.00	Officer	$83,943	$0	$83,943
PAMELA FREESE	DIR. OF ADMINISTRATION	40.00	Officer	$87,844	$0	$87,844

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	$1,545,086	$1,877,324	$2,394,103	$-332,238
2023	$1,945,491	$1,942,654	$1,295,431	$2,837
2022	$1,612,207	$1,472,085	$1,288,803	$140,122
2021	$1,723,217	$1,256,183	$1,184,130	$467,034
2020	$1,370,663	$1,317,350	$873,728	$53,313
2019	$1,167,254	$1,212,499	$637,080	$-45,245

CHILDREN'S SCHOOL OF OAK PARK