Solidarity Schools Inc

EIN: 582517386 501(c)(3)

Atlanta, GA

Total Revenue
$2,441,411
Total Expenses
$303,799
Total Assets
$433,286
Net Assets
$433,286
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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
GA
Principal Officer
BRETT GRAYSON
Phone
4048066787
Tax Period
2020-01-01 to 2020-12-31

Solidarity Schools Inc, founded in 2000, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2020. Revenue surged 393% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 88% operating margin.

Mission

ACADEMIC EDUCATION WITHIN THE CONTEXT OF A SOLID FORMATION IN THE CATHOLIC FAITH.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $2,487,988
Other Revenue $-46,577
TOTAL REVENUE $2,441,411

Expense Breakdown

Grants Paid $300,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $303,399
Other Expenses $3,799
TOTAL EXPENSES $303,799

Year-over-Year Comparison

2020 2019 Change
Revenue $2,441,411 $495,127 +3.9%
Expenses $303,799 $105,461 +1.9%
Net Income $2,137,612 $389,666 +4.5%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER SHARP Director 0.25
Director
$0 $0 $0
BRETT GRAYSON PRESIDENT/SEC 5.00
Officer Director
$0 $0 $0
GARETH N GENNER Treasurer 0.25
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
2020 $2,441,411 $303,799 $433,286 $2,137,612
2019 $495,127 $105,461 $2,139,705 $389,666
2018 $70,175 $205,760 $2,279,001 $-135,585
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