LAKE NORMAN CHARTER SCHOOL PTO (EIN 562169175) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MADALYN WILKINSON

Phone

7049488600

Tax Period

2024-07-01 to 2025-06-30

LAKE NORMAN CHARTER SCHOOL PTO, founded in 2008, is a small nonprofit in the Education sector that reported $837K in total revenue in fiscal year 2024.

Mission

TO AID STUDENTS OF LAKE NORMAN CHARTER SCHOOL BY PROVIDING SUPPORT FOR THEIR EDUCATIONAL AND RECREATIONAL NEEDS AND TO PROMOTE COMMUNICATION AND RELATIONSHIPS BETWEEN TEACHERS, STAFF, ADMINISTRATION AND FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,645

Program Service Revenue $813,930

Investment Income $0

Other Revenue $0

TOTAL REVENUE $836,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $889,557

Other Expenses $889,557

TOTAL EXPENSES $889,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$836,575	$824,313	+0.0%
Expenses	$889,557	$791,940	+0.1%
Net Income	$-52,982	$32,373	-2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

100

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
Nikki Lowe	Co-Chair	005.00	Officer Director	$0	$0	$0
Jamila Lindsay	Co-Chair	005.00	Officer Director	$0	$0	$0
Kim Schild	Co-Chair	005.00	Officer Director	$0	$0	$0
Madalyn Wilkinson	Treasurer	005.00	Officer Director	$0	$0	$0
Molly Drouin	Secretary	005.00	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	$836,575	$889,557	$201,941	$-52,982
2024	$824,313	$791,940	$259,396	$32,373
2023	$725,713	$712,038	$227,023	$13,675
2022	$664,569	$526,156	$213,348	$138,413
2021	$163,120	$154,573	$74,935	$8,547
2020	$134,719	$141,023	$68,299	$-6,304

LAKE NORMAN CHARTER SCHOOL PTO