SCHOOL FOR A NEW MILLENNIUM INC C/O ROY HEBERT CPA (EIN 721310659) - 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

1995

Legal Domicile

Principal Officer

JIM CALLENDER

Phone

2259277555

Tax Period

2021-07-01 to 2022-06-30

SCHOOL FOR A NEW MILLENNIUM INC C/O ROY HEBERT CPA, founded in 1995, is a micro nonprofit that reported $3K in total revenue in fiscal year 2021. Expenses of $61K exceeded revenue, resulting in a 2199% operating deficit.

Mission

THE MISSION OF THE CHILDRENS CHARTER SCHOOL IS TO SERVE AS A MODEL FOR IMPLEMENTATION OF AN INNOVATIVE, FLEXIBLE EDUCATIONAL PROGRAM, WHICH TARGETS AT-RISK STUDENTS AT THE KINDERGARTEN THROUGH FOURTH GRADE LEVELS. THE SCHOOL WILL BE A COMMUNITY OWNED AND MANAGED CHARTER SCHOOL ADHERING TO THE HIGHEST MANAGEMENT AND ACCOUNTABILITY STANDARDS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $64

Other Revenue $2,589

TOTAL REVENUE $2,653

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,784

Fundraising Expenses $0

Other Expenses $50,215

TOTAL EXPENSES $60,999

Year-over-Year Comparison

	2021	2020	Change
Revenue	$2,653	$-69,116	-1.0%
Expenses	$60,999	$114,507	-0.5%
Net Income	$-58,346	$-183,623	-0.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRYANT ATWILL	SECRETARY	1.00	Officer Director	$0	$0	$0
JIM CALLENDER	PRESIDENT	1.00	Officer Director	$0	$0	$0
MORGAN UDOH	TREASURER	1.00	Officer 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
2022	$2,653	$60,999	$320,762	$-58,346
2022	$813	$321,575	No data	$-320,762
2021	$-69,116	$114,507	$379,108	$-183,623
2020	$1,696,914	$1,997,078	$590,457	$-300,164
2019	$1,521,409	$2,348,196	$926,106	$-826,787

SCHOOL FOR A NEW MILLENNIUM INC C/O ROY HEBERT CPA