ISLAND VILLAGE MONTESSORI CHARTER SCHOOL INC (EIN 651067095) - 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

2001

Legal Domicile

Principal Officer

PETER MADPAK

Phone

9414844999

Tax Period

2024-07-01 to 2025-06-30

ISLAND VILLAGE MONTESSORI CHARTER SCHOOL INC, founded in 2001, is a community nonprofit in the Education sector that reported $7.3M in total revenue in fiscal year 2024. Expenses of $6.8M left a modest 7% surplus.

Mission

SEE STATEMENT 1

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,172,232

Program Service Revenue $120,274

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,292,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,080,787

Fundraising Expenses $2,225

Program Expenses $5,861,847

Other Expenses $1,730,907

TOTAL EXPENSES $6,811,694

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,292,506	$7,664,863	0.0%
Expenses	$6,811,694	$6,702,152	+0.0%
Net Income	$480,812	$962,711	-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

Employees

Volunteers

204

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

$233,063

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER MADPAK	PRESIDENT	5.00	Officer Director	$0	$0	$0
BOB CLOUTIER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
MICHAEL FINGERLE	DIRECTOR	5.00	Director	$0	$0	$0
MICHELLE VITIELLO	DIRECTOR OF OPERATIONS AND HR	40.00	Key Emp	$116,019	$0	$116,019
JENNIFER OCANA	HEAD OF SCHOOL	40.00	Key Emp Highest	$117,044	$0	$117,044

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	$7,292,506	$6,811,694	$10,198,542	$480,812
2024	$7,664,863	$6,702,152	$10,260,101	$962,711
2023	$6,970,473	$6,452,931	$10,136,925	$517,542
2022	$6,665,939	$5,867,291	$10,329,292	$798,648
2021	$8,847,693	$5,609,676	$9,325,809	$3,238,017
2020	$6,453,411	$6,162,258	$8,665,431	$291,153
2019	$6,622,376	$6,225,715	$7,273,722	$396,661
2018	$7,178,939	$6,538,538	$7,334,267	$640,401

ISLAND VILLAGE MONTESSORI CHARTER SCHOOL INC