NORBORNE PRE-SCHOOL AND DAY CARE CENTER INC (EIN 550517739) - 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

1969

Legal Domicile

Tax Period

2023-09-01 to 2024-08-31

NORBORNE PRE-SCHOOL AND DAY CARE CENTER INC, founded in 1969, is a small nonprofit in the Human Services sector that reported $301K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $387K exceeded revenue, resulting in a 28% operating deficit.

Mission

DAY CARE & EDUCATION OF CHILDREN. TO PROVIDE DAY CARE SERVICES AND EDUCATIONAL PROGRAMS FOR CHILDREN. TO PROVIDE MEALS FOR CHILDREN ENROLLED IN PROGRAMS.

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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 $41,592

Program Service Revenue $258,606

Investment Income $0

Other Revenue $1,097

TOTAL REVENUE $301,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $275,177

Fundraising Expenses $1,385

Program Expenses $330,879

Other Expenses $111,932

TOTAL EXPENSES $387,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$301,295	$534,745	-0.4%
Expenses	$387,109	$430,350	-0.1%
Net Income	$-85,814	$104,395	-1.8%

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
CATHERINE EVERHARDT	DIRECTOR	1.00	Director	$0	$0	$0
SARAH PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SHIVES	EX-OFFICIO	1.00	Director	$0	$0	$0
JOHN MAYDEN	DIRECTOR	1.00	Director	$0	$0	$0
HELEN HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
PHILIP STEPTOE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBIN KENT	SECRETARY	2.00	Officer Director	$0	$0	$0
LISA SORRENTINO-MILLER	TREASURER	2.00	Officer 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
2024	$301,295	$387,109	$48,159	$-85,814
2023	$524,994	$430,790	$123,340	$94,204
2022	$445,148	$485,327	$117,908	$-40,179
2021	$335,874	$335,991	$130,136	$-117
2020	$313,257	$286,717	$128,620	$26,540
2019	$341,186	$365,834	$59,972	$-24,648
2018	$342,949	$350,765	$75,874	$-7,816

NORBORNE PRE-SCHOOL AND DAY CARE CENTER INC