PARK CITY PREP CHARTER SCHOOL INC

EIN: 571237388 501(c)(3) Education

BRIDGEPORT, CT

Total Revenue
$6,779,660
Total Expenses
$6,947,710
Total Assets
$5,814,644
Net Assets
$2,404,745
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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
2006
Legal Domicile
CT
Principal Officer
BRUCE RAVAGE
Phone
2039533766
Tax Period
2024-07-01 to 2025-06-30

PARK CITY PREP CHARTER SCHOOL INC, founded in 2006, is a community nonprofit in the Education sector that reported $6.8M in total revenue in fiscal year 2024.

Mission

THE MISSION OF PARK CITY PREP IS TO PROMOTE ACADEMIC EXCELLENCE AND FOSTER INTEREST AND COMPETENCE IN MATH, SCIENCE, AND TECHNOLOGY, AS WELL RAISE THE LEVEL OF STUDENT PERFORMANCE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $968,926
Program Service Revenue $5,760,776
Investment Income $49,958
Other Revenue $0
TOTAL REVENUE $6,779,660

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $3,871,590
Fundraising Expenses $0
Program Expenses $4,474,843
Other Expenses $3,072,120
TOTAL EXPENSES $6,947,710

Year-over-Year Comparison

2024 2023 Change
Revenue $6,779,660 $6,497,428 +0.0%
Expenses $6,947,710 $6,789,446 +0.0%
Net Income $-168,050 $-292,018 -0.4%
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
8
Independent Members
6
Employees
58
Volunteers
8

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
$415,009
Total Directors
9
$262,217
Key Employees
1
$268,441
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BRYK CHAIRPERSON 4.00
Officer Director
$0 $0 $0
ANGEL BLACKMON TREASURER 1.00
Officer Director
$0 $0 $0
VASILIKI BOUDREAU SECRETARY (TEACHER) 40.00
Officer Director
$72,324 $46,962 $119,286
MONICA GONZALEZ DIRECTOR 1.00
Director
$0 $0 $0
WILLIE MEDINA DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER O'DEAN DIRECTOR 1.00
Director
$0 $0 $0
THYJUAN STACK-ROSARIO DIRECTOR 1.00
Director
$0 $0 $0
CHRIS VAN ETTEN DIRECTOR (TEACHER) 40.00
Director
$97,198 $45,733 $142,931
ANA SOUSA MARTINS DIRECTOR 1.00
Director
$0 $0 $0
BRUCE RAVAGE EXECUTIVE DIRECTOR 40.00
Officer
$293,594 $2,129 $295,723
LORRAINE MOORE ASSISTANT DIRECTOR 40.00
Key Emp
$268,376 $65 $268,441
DAVID FIGUEROA OPERATIONS MANAGER 40.00
Highest
$143,636 $3,184 $146,820
KATHLEEN GODIKSEN ART TEACHER 40.00
Highest
$108,413 $0 $108,413
THOMAS GOODE 7TH GR TEACHER 40.00
Highest
$134,668 $343 $135,011
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 $6,779,660 $6,947,710 $5,814,644 $-168,050
2024 $6,497,428 $6,789,446 $6,164,052 $-292,018
2023 $6,484,206 $6,411,008 $6,710,576 $73,198
2022 $6,210,930 $5,801,429 $3,120,108 $409,501
2021 $4,795,339 $4,683,385 $3,033,784 $111,954
2020 $4,629,881 $4,608,034 $2,610,229 $21,847
2019 $4,657,138 $5,146,705 $2,752,165 $-489,567
2018 $4,432,230 $4,425,629 $3,156,488 $6,601
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