ASHE DEVELOPMENTAL DAY SCHOOL INC (EIN 561023052) - 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

1971

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

ASHE DEVELOPMENTAL DAY SCHOOL INC, founded in 1971, is a small nonprofit in the Human Services sector that reported $487K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $642K exceeded revenue, resulting in a 32% operating deficit.

Mission

FIVE STAR NON PROFIT CHILDCARE AGENCY. LICENSED BY THE DIVISION OF CHILD DEVELOPMENT OF NC. CHILDREN WITH SPECIAL NEEDS AS WELL AS TYPICALLY DEVELOPING CHILDREN AGE 6 WEEKS TO 12 YEARS ARE SERVED

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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 $170,121

Program Service Revenue $310,097

Investment Income $6,976

Other Revenue $0

TOTAL REVENUE $487,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $509,122

Fundraising Expenses $500

Program Expenses $641,285

Other Expenses $132,163

TOTAL EXPENSES $641,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$487,194	$588,352	-0.2%
Expenses	$641,785	$681,494	-0.1%
Net Income	$-154,591	$-93,142	+0.7%

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
CHRISTINA D SHATLEY	CHAIRMAN OF THE BOARD	2.00	Officer Director	$0	$0	$0
ASHLEY SHEETS	BOARD MEMBER	2.00	Officer	$0	$0	$0
KEVIN WONSICK	BOARD MEMBER	2.00	Officer	$0	$0	$0
KIMBERLY BARNES	BOARD MEMBER	2.00	Officer	$0	$0	$0
JONATHAN JORDAN	BOARD MEMBER	2.00	Officer	$0	$0	$0
CHRISTINA SHATLEY	BOARD MEMBER	2.00	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
2024	$487,194	$641,785	$333,975	$-154,591
2023	$588,352	$681,494	$349,257	$-93,142
2022	$660,423	$611,901	$351,530	$48,522
2021	$470,448	$485,067	$359,558	$-14,619

ASHE DEVELOPMENTAL DAY SCHOOL INC