THE ACORN - A SCHOOL FOR YOUNG CHILDREN (EIN 742071794) - 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

1980

Legal Domicile

Principal Officer

RICHARD LANGE

Phone

2108268804

Tax Period

2023-09-01 to 2024-08-31

THE ACORN - A SCHOOL FOR YOUNG CHILDREN, founded in 1980, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Expenses of $901K left a modest 12% surplus.

Mission

EDUCATIONAL SCHOOL FOR THREE, FOUR, AND FIVE-YEAR-OLD CHILDREN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $103,938

Program Service Revenue $869,422

Investment Income $2,622

Other Revenue $47,852

TOTAL REVENUE $1,023,834

Expense Breakdown

Grants Paid $0

Salaries & Benefits $602,719

Fundraising Expenses $15,604

Program Expenses $841,001

Other Expenses $298,703

TOTAL EXPENSES $901,422

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,023,834	$1,069,673	0.0%
Expenses	$901,422	$1,042,522	-0.1%
Net Income	$122,412	$27,151	+3.5%

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

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

$136,090

Total Directors

$136,090

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY STARNES	VICE-PRESIDENT	40.00	Officer Director	$71,531	$0	$71,531
RICHARD LANGE	PRESIDENT/TREASURER	30.00	Officer Director	$29,570	$0	$29,570
CARRIE HOFFMAN	SECRETARY	40.00	Officer Director	$34,989	$0	$34,989
CASEY LANGE	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE LANGE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT PARK	DIRECTOR	1.00	Director	$0	$0	$0
JEFF VEXLER	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR HENDERSON	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	$1,023,834	$901,422	$1,838,129	$122,412
2023	$1,069,673	$1,042,522	$1,715,496	$27,151
2022	$987,125	$1,149,721	$1,693,496	$-162,596
2020	$678,218	$804,027	$1,589,497	$-125,809
2019	$729,942	$845,403	$1,653,692	$-115,461

THE ACORN - A SCHOOL FOR YOUNG CHILDREN