MEMORIAL DAY SCHOOL INC (EIN 581115699) - 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

1971

Legal Domicile

Principal Officer

ANGELA BHOLA

Phone

9123524535

Tax Period

2023-07-01 to 2024-06-30

MEMORIAL DAY SCHOOL INC, founded in 1971, is a community nonprofit in the Education sector that reported $2.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO PROVIDE AN EDUCATIONAL EXPERIENCE BASED ON ACADEMIC EXCELLENCE AND CHRISTIAN PRINCIPLES TO PREPARE EACH STUDENT FOR THE DIVERSE CHALLENGES AND OPPORTUNITIES OF HIGHER EDUCATION AND FOR RESPONSIBLE CITIZENSHIP IN A DEMOCRATIC SOCIETY AND RAPIDLY CHANGING WORLD.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $201,439

Program Service Revenue $2,081,903

Investment Income $244

Other Revenue $0

TOTAL REVENUE $2,283,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,582,055

Fundraising Expenses $0

Program Expenses $2,219,137

Other Expenses $928,627

TOTAL EXPENSES $2,510,682

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,283,586	$2,482,013	-0.1%
Expenses	$2,510,682	$2,296,317	+0.1%
Net Income	$-227,096	$185,696	-2.2%

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

Volunteers

N/A

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

$69,921

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA BHOLA	HEAD OF SCHO	40.00	Officer	$69,921	$0	$69,921
ANNA ADAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
TREVA BUKOWIEC	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN DARLING	BOARD MEMBER	1.00	Director	$0	$0	$0
WANDA HILL	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
BRANDI KENNEDY	BOARD MEMBER	1.00	Director	$0	$0	$0
MELINDA MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHNNY ODUM	BOARD MEMBER	1.00	Director	$0	$0	$0
BECKY SANCHEZ	BOARD SECRET	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	No data	No data	No data	No data
2024	$2,283,586	$2,510,682	$2,344,197	$-227,096
2023	$2,482,013	$2,296,317	$2,616,944	$185,696
2022	$2,543,245	$2,257,440	$2,364,639	$285,805
2021	$2,252,115	$2,200,441	$2,242,764	$51,674
2020	$2,174,317	$2,269,558	$2,159,936	$-95,241
2019	$2,279,374	$2,400,363	$2,165,969	$-120,989
2018	$2,366,494	$2,624,891	$2,212,486	$-258,397

MEMORIAL DAY SCHOOL INC