New Horizons Elementary School (EIN 561380587) - 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

1983

Legal Domicile

Principal Officer

Carrie Rankin

Phone

9103925209

Tax Period

2024-08-01 to 2025-07-31

New Horizons Elementary School, founded in 1983, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $297K, a strong 19% operating margin.

Mission

Kindergarten through Grade 5 education.

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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 $39,731

Program Service Revenue $1,490,304

Investment Income $11,220

Other Revenue $12,064

TOTAL REVENUE $1,553,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $931,106

Fundraising Expenses $19,783

Program Expenses $1,073,623

Other Expenses $324,841

TOTAL EXPENSES $1,255,947

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,553,319	$1,191,293	+0.3%
Expenses	$1,255,947	$1,227,456	+0.0%
Net Income	$297,372	$-36,163	-9.2%

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

350

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

$116,439

Total Directors

$189,207

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Jacobs	School Director	40.00	Officer Director	$97,050	$19,389	$116,439
Christina Satterfield	Board Member	1.00	Director	$62,237	$10,531	$72,768
Amanda DAngelo	Board Member	2.00	Director	$0	$0	$0
Hal Kitchen	Board Member	2.00	Director	$0	$0	$0
David Powers	Board Member	2.00	Director	$0	$0	$0
Liz Carroll	Board Member	2.00	Director	$0	$0	$0
Kimi Hemmingway	Board Chair	2.00	Officer Director	$0	$0	$0
Carrie Rankin	Treasurer	4.00	Officer Director	$0	$0	$0
Marilyn Rush	Secretary	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
2025	$1,553,319	$1,255,947	$1,601,670	$297,372
2024	$1,191,293	$1,227,456	$1,504,989	$-36,163
2023	$1,106,870	$1,158,916	$1,370,136	$-52,046
2022	$951,421	$938,374	$1,677,658	$13,047
2021	$936,308	$980,905	$1,297,373	$-44,597
2020	$868,890	$922,210	$1,107,098	$-53,320
2019	$786,938	$846,363	$1,103,023	$-59,425

New Horizons Elementary School