The New Dimensions School Inc (EIN 562221716) - 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

2000

Legal Domicile

Principal Officer

Jamie Smith

Phone

8284320065

Tax Period

2024-07-01 to 2025-06-30

The New Dimensions School Inc, founded in 2000, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2024.

Mission

Operate a public charter school pursuant to G.S. 115C-238.29A

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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 $6,049,995

Program Service Revenue $78,761

Investment Income $0

Other Revenue $177,946

TOTAL REVENUE $6,306,702

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,820,123

Fundraising Expenses $0

Program Expenses $5,078,889

Other Expenses $1,331,059

TOTAL EXPENSES $6,151,182

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,306,702	$5,872,009	+0.1%
Expenses	$6,151,182	$5,555,231	+0.1%
Net Income	$155,520	$316,778	-0.5%

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

118

Volunteers

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

$50,000

Total Directors

Key Employees

$40,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamie Smith	Board Chair	2.00	Director	$0	$0	$0
Paul Carlson	Member	2.00	Director	$0	$0	$0
David Martin	Treasurer	2.00	Officer Director	$0	$0	$0
Lisa Ervin	School Director	40.00	Key Emp Highest	$0	$0	$40,000
Chris Beam	Member	2.00	Officer Director	$0	$0	$0
Pamela Harrelson	Member	2.00	Director	$0	$0	$0
Krystal Drakin	Member	2.00	Officer Director	$0	$0	$0
Isaac Crouch	Secretary	2.00	Officer Director	$0	$0	$0
Laura Gratton	Vice Chair	2.00	Director	$0	$0	$0
Lisa Swartz	Business Manager	40.00	Officer	$0	$0	$50,000
Mark Tolbert	Member	2.00	Director	$0	$0	$0
Lennie Moore	Member	2.00	Director	$0	$0	$0
Robert Vasile	Member	4.00	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	$6,306,702	$6,151,182	$6,740,039	$155,520
2024	$5,872,009	$5,555,231	$6,834,991	$316,778
2023	$5,756,586	$5,289,504	$6,439,630	$467,082
2022	$5,853,928	$4,533,260	$6,123,386	$1,320,668
2021	$3,632,947	$3,292,409	$4,883,835	$340,538
2020	$3,041,726	$2,876,457	$4,601,119	$165,269
2019	$2,850,542	$2,478,450	$3,748,712	$372,092
2018	$2,307,055	$2,272,787	$2,934,993	$34,268

The New Dimensions School Inc