TAMPA SCHOOL DEVELOPMENT CORP

EIN: 593557449 501(c)(3) Education

TAMPA, FL

Total Revenue
$11,801,874
Total Expenses
$11,665,531
Total Assets
$18,164,864
Net Assets
$6,498,153
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
FL
Principal Officer
JOE SANSONETTI
Phone
8138742402
Tax Period
2024-07-01 to 2025-06-30

TAMPA SCHOOL DEVELOPMENT CORP, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $11.8M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION IS A CHARTER SCHOOL FOR THE PURPOSE OF SERVING STUDENTS IN KINDERGARTEN THROUGH THE 8TH GRADE BY CREATING A ZEST FOR LIFE-LONG LEARNING THROUGH THE DEVELOPMENTAL-INTERACTIVE APPROACH BASED ON THE BANK STREET COLLEGE OF EDUCATION PHILOSOPHY. THIS APPROACH IS ACHIEVED THROUGH THE COLLABORATIVE EFFORTS OF STUDENTS, PARENTS, FACULTY, AND CIVIC ENVIRONMENT CREATING A MUTUAL RESPECT FOR EACH OTHER.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $574,626
Program Service Revenue $11,199,744
Investment Income $17,547
Other Revenue $9,957
TOTAL REVENUE $11,801,874

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,623,027
Fundraising Expenses $0
Program Expenses $11,665,531
Other Expenses $3,042,504
TOTAL EXPENSES $11,665,531

Year-over-Year Comparison

2024 2023 Change
Revenue $11,801,874 $12,147,823 0.0%
Expenses $11,665,531 $11,749,672 0.0%
Net Income $136,343 $398,151 -0.7%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
232
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
6
$290,662
Total Directors
9
$160,000
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THERESE HOLMES PRESIDENT 8.00
Officer Director
$0 $0 $0
KATIE TINLEY VICE PRESIDE 1.00
Officer Director
$0 $0 $0
BRAD ABBEY SECRETARY 1.00
Officer Director
$0 $0 $0
CELESTE GRECO FOUNDER/MEMB 1.00
Director
$0 $0 $0
MARCO MENDOZA TREASURER 1.00
Officer Director
$0 $0 $0
RONALD DARRIGO MEMBER 1.00
Director
$0 $0 $0
DR MADELINE O'DEA PRESIDENT EM 40.00
Officer Director
$160,000 $0 $160,000
YVETTE GONZALEZ MEMBER 1.00
Director
$0 $0 $0
LIEZETTE FELICIONE MEMBER 1.00
Director
$0 $0 $0
JOE SANSONETTI CEO 40.00
Officer
$130,662 $0 $130,662
NICOLE MORGADO DIRECTOR DEV 40.00
Highest
$107,400 $0 $107,400
SONIA SPOTO INSTRUCTOR 40.00
Highest
$101,056 $0 $101,056
JENNIFER CISNEROS PRINCIPAL 40.00
Highest
$103,334 $0 $103,334
KRISTINE BENNETT EC DIRECTOR 40.00
Highest
$101,667 $0 $101,667
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 $11,801,874 $11,665,531 $18,164,864 $136,343
2024 $12,147,823 $11,749,672 $14,641,441 $398,151
2023 $11,278,178 $10,983,318 $14,316,133 $294,860
2022 $11,111,788 $10,047,658 $14,240,979 $1,064,130
2021 $10,482,698 $9,294,415 $13,371,368 $1,188,283
2020 $8,957,263 $8,655,528 $13,673,261 $301,735
2019 $9,062,652 $8,409,417 $12,554,671 $653,235
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare TAMPA SCHOOL DEVELOPMENT CORP with other nonprofits in Florida and across the country.