SOMERSET ELEMENTARY SCHOOL PTA INC (EIN 526002008) - 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

1978

Legal Domicile

Principal Officer

VICTORIA LEVITAS

Phone

2407401110

Tax Period

2024-07-01 to 2025-06-30

SOMERSET ELEMENTARY SCHOOL PTA INC, founded in 1978, is a small nonprofit that reported $286K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year.

Mission

PARENT TEACHER ASSOCIATION (PTA) FOR MONTGOMERY PUBLIC ELEMENTARY SCHOOL. THE PTA CONTRIBUTES TO THE STUDENTS' ENRICHMENT DURING THE ACADEMIC YEAR, AND DURING THE SUMMER THROUGH CAMP SUMMERSET.

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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 (2024)

Revenue Breakdown

Contributions & Grants $21,132

Program Service Revenue $263,980

Investment Income $362

Other Revenue $414

TOTAL REVENUE $285,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,555

Fundraising Expenses $0

Program Expenses $298,589

Other Expenses $145,651

TOTAL EXPENSES $312,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$285,888	$309,710	-0.1%
Expenses	$312,206	$283,913	+0.1%
Net Income	$-26,318	$25,797	-2.0%

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

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
JACLYN SANDLER	VICE PRESIDE	10.00	Officer	$0	$0	$0
VICTORIA LEVITAS	PRESIDENT	10.00	Officer	$0	$0	$0
MIKE CARIASO	BCC CLUSTER	5.00	Officer	$0	$0	$0
STACEY BAND	SPECIAL NEED	5.00	Officer	$0	$0	$0
KATE JULIAN	ACADEMIC SUP	5.00	Officer	$0	$0	$0
CHRIS PRESS	TREASURER	10.00	Officer	$0	$0	$0
RACHEL BOUFFORD	SECRETARY	5.00	Officer	$0	$0	$0
STEPHEN KATRIVANOS	FUNDRAISING	5.00	Officer	$0	$0	$0
SHAREE LAWLER	COMMUNICATIO	5.00	Officer	$0	$0	$0
REBECCA LAMADRID	NAACP/DEI	5.00	Officer	$0	$0	$0
DEBORAH LEITNER	STAFF APPREC	5.00	Officer	$0	$0	$0
DIANA NICHOLS-VINUEZA	NEW & INTL F	5.00	Officer	$0	$0	$0
KATE SCHUERMAN	MCCPTA REPRE	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	$285,888	$312,206	$389,333	$-26,318
2024	No data	No data	No data	No data
2023	$270,021	$225,757	$389,854	$44,264
2022	$291,042	$232,287	$345,590	$58,755
2021	$193,322	$73,129	$286,835	$120,193
2020	$79,691	$244,872	$166,642	$-165,181
2019	$293,172	$262,721	$331,823	$30,451
2018	$315,249	$311,120	$301,372	$4,129

SOMERSET ELEMENTARY SCHOOL PTA INC