CHILDREN'S EDUCATIONAL SERVICES INC (EIN 591216794) - 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

1968

Legal Domicile

Principal Officer

RICH J WEAD

Phone

9046521282

Tax Period

2023-08-01 to 2024-07-31

CHILDREN'S EDUCATIONAL SERVICES INC, founded in 1968, is a community nonprofit in the Education sector that reported $9.5M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

EDUCATING SPECIAL NEED STUDENTS IN GRADES K-12

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $9,316,001

Investment Income $15,246

Other Revenue $218,750

TOTAL REVENUE $9,549,997

Expense Breakdown

Grants Paid $1,477,000

Salaries & Benefits $5,218,828

Fundraising Expenses $47,965

Program Expenses $8,975,165

Other Expenses $3,075,162

TOTAL EXPENSES $9,770,990

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,549,997	$7,799,860	+0.2%
Expenses	$9,770,990	$8,250,352	+0.2%
Net Income	$-220,993	$-450,492	-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

N/A

Employees

221

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

$949,981

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICH J WEAD	PRESIDENT	40.00	Officer	$263,136	$0	$263,136
ALVARO BLANCO	VICE PRESIDE	40.00	Officer	$193,508	$0	$193,508
ANDY UPRICHARD	VICE PRESIDE	40.00	Officer	$193,337	$0	$193,337
LARRY BROACH	CEO	40.00	Officer	$175,000	$0	$175,000
TINA L BROACH	DIRECTOR/SEC	40.00	Officer	$125,000	$0	$125,000

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
2024	$9,549,997	$9,770,990	$621,027	$-220,993
2023	$7,799,860	$8,250,352	$911,004	$-450,492
2022	$7,056,948	$6,852,792	$1,002,438	$204,156
2021	$5,829,179	$5,539,427	$651,264	$289,752
2019	$4,709,052	$4,890,754	$246,282	$-181,702
2018	$4,185,964	$4,025,060	$338,002	$160,904

CHILDREN'S EDUCATIONAL SERVICES INC