PASSPORT SCHOOL INC (EIN 593385360) - 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

1997

Legal Domicile

Principal Officer

OSVALDO GARCIA

Phone

4076589900

Tax Period

2023-07-01 to 2024-06-30

PASSPORT SCHOOL INC, founded in 1997, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. The organization ran a surplus of $506K, a strong 21% operating margin.

Mission

TO PROVIDE INSTRUCTION TO STUDENTS IN KINDERGARTEN THROUGH EIGHTH GRADE BASED ON THE INDIVIDUAL NEEDS OF CHILDREN IN AN INCLUSIVE ENVIRONMENT WHERE CHILDREN WITH DISABILITIES ARE EDUCATED WITH THEIR NON-DISABLED PEERS.

🔒

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 $487,289

Program Service Revenue $1,786,134

Investment Income $17,625

Other Revenue $82,960

TOTAL REVENUE $2,374,008

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,649

Fundraising Expenses $0

Program Expenses $1,474,026

Other Expenses $1,743,732

TOTAL EXPENSES $1,868,381

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,374,008	$1,972,812	+0.2%
Expenses	$1,868,381	$1,842,200	+0.0%
Net Income	$505,627	$130,612	+2.9%

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

N/A

Volunteers

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

Total Directors

Key Employees

$124,649

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OSVALDO GARCIA	SCHOOL PRINCIPAL	45	Key Emp Highest	$124,649	$0	$124,649
WANDA QUINONES	DIRECTOR/PRESIDENT	0.5	Officer Director	$0	$0	$0
MICHAEL REED	DIRECTOR/VICE-PRESIDENT	0.5	Officer Director	$0	$0	$0
FRANK BELLOMO	DIRECTOR/TREASURER/SECRETARY	0.5	Officer Director	$0	$0	$0
DANIEL DRNACH	DIRECTOR	0.5	Director	$0	$0	$0
CYNDI REILLY	DIRECTOR	0.5	Director	$0	$0	$0
FELIPE CAPURRO	DIRECTOR	0.5	Director	$0	$0	$0
ERIN NEWSOM	DIRECTOR	0.5	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	$2,374,008	$1,868,381	$3,857,185	$505,627
2023	$1,972,812	$1,842,200	$3,391,074	$130,612
2022	$2,142,766	$1,772,546	$3,382,374	$370,220
2021	$1,720,588	$1,653,001	$3,213,054	$67,587

PASSPORT SCHOOL INC