CARMEN HIGH SCHOOL OF SCIENCE AND TECHNOLOGY INC

EIN: 562569203 501(c)(3) Education

MILWAUKEE, WI

Total Revenue
$33,198,712
Total Expenses
$26,124,168
Total Assets
$41,265,655
Net Assets
$31,165,319
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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
2007
Legal Domicile
WI
Principal Officer
MICHAEL BRADLEY
Phone
4148374000
Tax Period
2022-07-01 to 2023-06-30

CARMEN HIGH SCHOOL OF SCIENCE AND TECHNOLOGY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $33.2M in total revenue in fiscal year 2022. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.1M, a strong 21% operating margin.

Mission

TO PREPARE STUDENTS FOR COLLEGE AND FAMILY SUSTAINING CAREERS.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $17,233,820
Program Service Revenue $15,822,700
Investment Income $443,444
Other Revenue $-301,252
TOTAL REVENUE $33,198,712

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,658,225
Fundraising Expenses $0
Program Expenses $16,549,276
Other Expenses $8,465,943
TOTAL EXPENSES $26,124,168

Year-over-Year Comparison

2022 2021 Change
Revenue $33,198,712 $24,006,774 +0.4%
Expenses $26,124,168 $21,904,003 +0.2%
Net Income $7,074,544 $2,102,771 +2.4%
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

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Governance

Voting Members
13
Independent Members
13
Employees
446
Volunteers
35

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
4
$266,742
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
IVAN GAMBOA BOARD PRESIDENT 1.00
Director
$0 $0 $0
GLEN HACKMANN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JASON KOHOUT BOARD TREASURER 1.00
Officer Director
$0 $0 $0
BOB ARZBAECHER BOARD MEMBER 1.00
Director
$0 $0 $0
ERIC HUMPHREY BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON CANTER BOARD MEMBER 1.00
Director
$0 $0 $0
TODD REARDON BOARD MEMBER 1.00
Director
$0 $0 $0
AGUSTIN RAMIREZ BOARD MEMBER 1.00
Director
$0 $0 $0
STEVE BOOTH BOARD MEMBER 1.00
Director
$0 $0 $0
ALICIA DUPIES BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN HAMAL BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERTO MALDONADO BOARD MEMBER 1.00
Director
$0 $0 $0
KARA HUGHES BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER LOPEZ CHIEF EXECUTIVE OFFICER 50.00
Officer
$180,801 $11,156 $191,957
MICHAEL BRADLEY CHIEF FINANCIAL OFFICER 50.00
Officer
$71,141 $3,644 $74,785
KYRA VANDEBUNTE DIRECTOR OF TEACHER AND LEARNING 40.00
Highest
$102,596 $5,819 $108,415
ELIZABETH MESROBIAN CHIEF COLLEGE OFFICER 40.00
Highest
$114,525 $0 $114,525
LITA MALLET DIRECTOR OF TEACHER AND LEARNING 40.00
Highest
$104,257 $7,296 $111,553
VERONICA RODRIGUEZ DIRECTOR OF TALEN AND HR 1.00
Highest
$115,638 $11,774 $127,412
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 No data No data No data No data
2024 No data No data No data No data
2023 $33,198,712 $26,124,168 $41,265,655 $7,074,544
2022 $24,006,774 $21,904,003 $26,487,634 $2,102,771
2021 $24,881,666 $19,890,862 $24,786,600 $4,990,804
2020 $25,595,281 $19,873,211 $20,389,030 $5,722,070
2019 $17,085,063 $14,195,050 $12,487,533 $2,890,013
2018 $14,980,509 $11,762,483 $9,097,797 $3,218,026
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