MANCHESTER EDUCATIONAL FOUNDATION INC (EIN 640598218) - 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

1969

Legal Domicile

Principal Officer

BRYAN DENDY

Phone

6627465913

Tax Period

2022-07-01 to 2023-06-30

MANCHESTER EDUCATIONAL FOUNDATION INC, founded in 1969, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 14% operating deficit.

Mission

THE ORGANIZATION IS A COLLEGE PREPARATORY SCHOOL ACTIVELY SEEKING TO ENSURE THAT EACH STUDENT DEVELOPS IN BODY, MIND AND SPIRIT IN THE PURSUIT OF ACADEMIC EXCELLENCE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,033,830

Investment Income $-6,643

Other Revenue $131,129

TOTAL REVENUE $2,158,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,577,736

Fundraising Expenses $0

Program Expenses $1,864,702

Other Expenses $872,452

TOTAL EXPENSES $2,450,188

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,158,316	$2,272,567	-0.1%
Expenses	$2,450,188	$2,195,417	+0.1%
Net Income	$-291,872	$77,150	-4.8%

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

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

$118,775

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIMMY DRUEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAN BRADSHAW	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
MARY BARTON FOSTER	SECRETARY/TR	2.00	Officer Director	$0	$0	$0
BRYAN DENDY	HEADMASTER	40.00	Officer	$118,775	$0	$118,775
NATHAN BURTON	DIRECTOR	1.00	Director	$0	$0	$0
ROB DIXON	DIRECTOR	1.00	Director	$0	$0	$0
LEROY MCBRIDE JR	DIRECTOR	1.00	Director	$0	$0	$0
ROB EVANS	DIRECTOR	1.00	Director	$0	$0	$0
ROBYN KELLY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN MICHAEL PILLOW	DIRECTOR	1.00	Director	$0	$0	$0
GARY AUSTIN	DIRECTOR	1.00	Director	$0	$0	$0
PHILLIP GOOCH	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE EDGAR	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
2024	No data	No data	No data	No data
2023	$2,158,316	$2,450,188	$1,811,186	$-291,872
2022	$2,272,567	$2,195,417	$2,046,660	$77,150
2021	$2,356,164	$2,090,223	$2,264,028	$265,941
2020	$2,093,284	$2,181,874	$1,959,172	$-88,590
2019	$2,204,921	$2,349,597	$1,823,044	$-144,676
2018	$2,477,364	$2,450,754	$2,065,659	$26,610

MANCHESTER EDUCATIONAL FOUNDATION INC