CENTRAL PRIVATE SCHOOLS INCORPORATED (EIN 720643386) - 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

1967

Legal Domicile

Principal Officer

AARON ARMAND

Phone

2252613341

Tax Period

2024-06-01 to 2025-05-31

CENTRAL PRIVATE SCHOOLS INCORPORATED, founded in 1967, is a community nonprofit in the Education sector that reported $6.9M in total revenue in fiscal year 2024. Net assets of $15.5M represent 27 months of operating reserves.

Mission

TO CULIVATE COLLEGE-READY GRADUATES IN A SAFE, NURTURING, AND FAITH-BASED ENVIRONMENT

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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 $484,157

Program Service Revenue $6,297,097

Investment Income $67,816

Other Revenue $28,628

TOTAL REVENUE $6,877,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,677,022

Fundraising Expenses $0

Program Expenses $5,737,237

Other Expenses $3,121,509

TOTAL EXPENSES $6,798,531

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,877,698	$6,368,626	+0.1%
Expenses	$6,798,531	$6,526,335	+0.0%
Net Income	$79,167	$-157,709	-1.5%

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

140

Volunteers

100

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
CJ HOLCOMBE	PRESIDENT	2.00	Officer Director	$0	$0	$0
ASHLEY HUNT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
AARON ARMOND	TREASURER	2.00	Officer Director	$0	$0	$0
BRIAN SARTIN	BOARD MEMBER	2.00	Director	$0	$0	$0
APRIL RENARD	BOARD MEMBER	2.00	Director	$0	$0	$0
SCOTT GRAHAM	BOARD MEMBER	2.00	Director	$0	$0	$0
JACOB FRYOUX	BOARD MEMBER	2.00	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	$6,877,698	$6,798,531	$18,027,312	$79,167
2024	$6,368,626	$6,526,335	$18,102,925	$-157,709
2023	$6,541,434	$6,051,367	$18,335,906	$490,067
2022	$9,316,218	$4,277,586	$17,959,505	$5,038,632
2021	$9,594,620	$3,500,786	$13,128,367	$6,093,834
2020	$4,349,397	$3,455,983	$5,531,443	$893,414
2019	$2,990,890	$3,402,786	$3,335,584	$-411,896
2018	$3,744,501	$3,285,651	$3,678,477	$458,850

CENTRAL PRIVATE SCHOOLS INCORPORATED