JOSEPH S BRUNO EDUCATIONAL FOUNDAT… - Form 990 Financial Data

🔒

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

1982

Legal Domicile

Principal Officer

ROBERT SPRAIN JR

Phone

2059916809

Tax Period

2024-09-01 to 2025-08-31

JOSEPH S BRUNO EDUCATIONAL FOUNDATION (FORMERLY JOSEPH S BRUNO FOUNDATION), founded in 1982, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $2.8M exceeded revenue, resulting in a 17% operating deficit.

Mission

AT BRUNO MONTESSORI ACADEMY, WE ENCOURAGE OUR STUDENTS TO DEVELOP INDEPENDENCE, RESPONSIBILITY, RESOURCEFULNESS, AND ORGANIZATIONAL SKILLS WHILE ENJOYING THE TOTAL LEARNING EXPERIENCE.

Program Service Accomplishments

Program 1

Expenses: $2,615,800 Revenue: $1,831,777

JOSEPH S. BRUNO MONTESSORI ACADEMY PROVIDES A LEARNING ENVIRONMENT FOR CHILDREN 22 MONTHS OF AGE THROUGH THE EIGHTH GRADE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $38,918

Program Service Revenue $1,831,777

Investment Income $434,546

Other Revenue $48,177

TOTAL REVENUE $2,353,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,759,779

Fundraising Expenses $0

Program Expenses $2,615,800

Other Expenses $990,687

TOTAL EXPENSES $2,750,466

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,353,418	$1,978,999	+0.2%
Expenses	$2,750,466	$2,407,764	+0.1%
Net Income	$-397,048	$-428,765	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SPRAIN JR	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
KATHERINE B SPRAIN	PRESIDENT	10.00	Officer Director	$0	$0	$0
WILLIAM BELSER	DIRECTOR	1.00	Director	$0	$0	$0
JAY WATERS	DIRECTOR	1.00	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	$2,353,418	$2,750,466	$6,610,829	$-397,048
2024	$1,978,999	$2,407,764	$6,888,639	$-428,765
2023	$2,893,975	$2,267,848	$7,375,401	$626,127
2022	$1,657,439	$2,082,053	$6,650,560	$-424,614
2021	$2,001,949	$2,031,062	$7,016,155	$-29,113
2020	$1,610,409	$2,215,394	$7,394,896	$-604,985
2019	$1,904,606	$2,236,133	$7,971,675	$-331,527
2018	$2,140,200	$2,290,339	$8,288,555	$-150,139

JOSEPH S BRUNO EDUCATIONAL FOUNDATION (FORMERLY JOSEPH S BRUNO FOUNDATION)