FIELD SCHOOL OF CHARLOTTESVILLE

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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

2007

Legal Domicile

Principal Officer

VITO A PERRIELLO

Phone

4349233435

Tax Period

2024-07-01 to 2025-06-30

FIELD SCHOOL OF CHARLOTTESVILLE, founded in 2007, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 36% operating margin.

Mission

FIELD SCHOOL IS A BOY'S MIDDLE SCHOOL FOUNDED IN 2007 BY TODD BARNETT WITH THE SUPPORT OF MANY PARENTS, FRIENDS, AND COMMUNITY LEADERS. ITS MISSION IS TO DEVELOP WELL-ROUNDED BOYS OF CHARACTER AND ACCOMPLISHMENT. ITS MOTTO IS "OMNIS PUER SCITUS ET FRATER" "EVERY BOY KNOWN, EVERY BOY A BROTHER." FIELD SCHOOL IS GUIDED BY ITS MISSION AND INCORPORATES IT INTO ALL ASPECTS OF SCHOOL LIFE.

Program Service Accomplishments

Program 1

Expenses: $1,449,071

FIELD SCHOOL HAS TWO PRIMARY STRENGTHS, OUR PROGRAM AND OUR FACILITY. OUR PROGRAM IS DESIGNED TO MEET THE NEEDS OF MIDDLE SCHOOL BOYS WHO ARE OFTEN UNDERSERVED IN SCHOOL SETTINGS. OUR FACILITY...

FIELD SCHOOL HAS TWO PRIMARY STRENGTHS, OUR PROGRAM AND OUR FACILITY. OUR PROGRAM IS DESIGNED TO MEET THE NEEDS OF MIDDLE SCHOOL BOYS WHO ARE OFTEN UNDERSERVED IN SCHOOL SETTINGS. OUR FACILITY MEMBERS ARE A SKILLED AND ACCOMPLISHED TEAM OF TEACHERS AND COACHES WHO EMBRACE THE FIELD SCHOOL MISSION AND ENGAGE IN THE EDUCATION OF THE WHOLE CHILD THROUGH INVOLVEMENT WITH THE WHOLE CHILD - THE ACADEMIC, SOCIAL, PHYSICAL, CREATIVE, ETHICAL, AND PERSONAL DEVELOPMENT OF EACH BOY. OUR PROGRAM REVOLVES AROUND ACADEMICALLY CHALLENGING CORE CLASSES IN MATH, ENGLISH, LATIN OR SPANISH, SCIENCE, AND HISTORY. ART & MUSIC CLASSES EACH MEET TWICE PER WEEK, AND THERE IS A DAILY STUDY HALL AND TEAM SPORTS OR OUTDOOR ACTIVITIES. THE SUCCESS OF OUR PROGRAM IS MEASURED IN THE SHORT-TERM BY THE SUCCESSES OF OUR GRADUATES AS THEY MOVE INTO AREA HIGH SCHOOL ACADEMIES OR REGULAR HIGH SCHOOLS OR INDEPENDENT SCHOOLS, BUT IN THE LONGER-TERM BY THE LIFE- LESSONS AND FRIENDSHIPS DEVELOPED AT THE FIELD SCHOOL AND SEEN IN THE ACTIVITIES OF OUR ALUMNI AND THROUGH ONGOING SUPPORT OF THEIR FAMILIES.

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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 $1,095,148

Program Service Revenue $1,777,187

Investment Income $12,583

Other Revenue $0

TOTAL REVENUE $2,884,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,342,908

Fundraising Expenses $28,841

Program Expenses $1,449,071

Other Expenses $494,759

TOTAL EXPENSES $1,837,667

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,884,918	$1,766,973	+0.6%
Expenses	$1,837,667	$1,770,002	+0.0%
Net Income	$1,047,251	$-3,029	-346.7%

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
TODD BARNETT	DIRECTOR	1.00	Director	$0	$0	$0
VINCENT HODGE	DIRECTOR	1.00	Director	$0	$0	$0
ANNIE IZZARD	DIRECTOR	1.00	Director	$0	$0	$0
JAY MCNEELY	DIRECTOR	1.00	Director	$0	$0	$0
LARISSA PAULE-CARRES	DIRECTOR	1.00	Officer Director	$0	$0	$0
DICK RILEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MYRON RIPLEY	DIRECTOR	1.00	Director	$0	$0	$0
WILL SOWERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
GIB STAUNTON	DIRECTOR	1.00	Director	$0	$0	$0
MATT WILKINSON	DIRECTOR	1.00	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	$2,884,918	$1,837,667	$2,210,542	$1,047,251
2024	$1,766,973	$1,770,002	$1,177,037	$-3,029
2023	$1,684,966	$1,684,330	$1,169,777	$636
2022	$1,714,366	$1,558,108	$1,175,395	$156,258
2022	$1,714,366	$1,558,108	$1,175,395	$156,258
2021	$1,307,050	$1,184,707	$1,147,935	$122,343
2020	$759,097	$876,394	$1,043,645	$-117,297
2019	$1,321,604	$900,621	$1,023,646	$420,983
2018	$1,169,618	$1,181,363	$450,141	$-11,745