ABBIE S NEW SCHOOL INC

EIN: 660976407 501(c)(3) Education

Culebra, PR

Total Revenue
$124,643
Total Expenses
$126,326
Total Assets
$33,488
Net Assets
$28,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
PR
Principal Officer
ABIGAIL WHITE
Phone
7874299230
Tax Period
2023-01-01 to 2023-12-31

ABBIE S NEW SCHOOL INC, founded in 2021, is a small nonprofit in the Education sector that reported $125K in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year.

Mission

Private School geared to students in grades one through twelve in the Municipality of Culebra

Program Service Accomplishments

Program 1
Expenses: $105,452 Revenue: $103,083

Private school geared to students in grades one through twelve in the Municipality of Culebra

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,550
Program Service Revenue $103,083
Investment Income $10
Other Revenue $0
TOTAL REVENUE $124,643

Expense Breakdown

Grants Paid $8,550
Salaries & Benefits $87,703
Fundraising Expenses $903
Program Expenses $105,452
Other Expenses $30,073
TOTAL EXPENSES $126,326

Year-over-Year Comparison

2023 2022 Change
Revenue $124,643 $134,703 -0.1%
Expenses $126,326 $112,579 +0.1%
Net Income $-1,683 $22,124 -1.1%
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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Governance

Voting Members
6
Independent Members
6
Employees
5
Volunteers
1

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
1
$7,096
Total Directors
6
$7,096
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THERESA BISCHOFF President 5.000
Director
$0 $0 $0
ILLIANA DICKSON VicePresident 3.000
Director
$0 $0 $0
MARGO CORY Secretary 3.000
Director
$0 $0 $0
ABIGAIL WHITE Executive Director 40.00
Officer Director
$7,096 $0 $7,096
MOYRA NADAL COLON Treasurer 3.000
Director
$0 $0 $0
LYNNETTE GONZALEZ Director 3.000
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
2023 $124,643 $126,326 $33,488 $-1,683
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