RAINARD SCHOOL INC

EIN: 760169898 501(c)(3) Education

HOUSTON, TX

Total Revenue
$1,076,102
Total Expenses
$1,242,011
Total Assets
$1,506,702
Net Assets
$1,060,524
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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
1986
Legal Domicile
TX
Principal Officer
DR TARA TOMICIC
Phone
7136477246
Tax Period
2023-01-01 to 2023-12-31

RAINARD SCHOOL INC, founded in 1986, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.2M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO EDUCATE GIFTED CHILDREN FROM PRE-K THROUGH 8TH GRADE

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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 $31,804
Program Service Revenue $1,009,578
Investment Income $38,079
Other Revenue $-3,359
TOTAL REVENUE $1,076,102

Expense Breakdown

Grants Paid $0
Salaries & Benefits $783,844
Fundraising Expenses $0
Program Expenses $1,068,488
Other Expenses $458,167
TOTAL EXPENSES $1,242,011

Year-over-Year Comparison

2023 2022 Change
Revenue $1,076,102 $1,116,073 0.0%
Expenses $1,242,011 $1,201,943 +0.0%
Net Income $-165,909 $-85,870 +0.9%
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

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Governance

Voting Members
5
Independent Members
5
Employees
12
Volunteers
60

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA MCKILLOP DIRECTOR 2.00
Director
$0 $0 $0
MR LEIGHTON MORELAND DIRECTOR 2.00
Director
$0 $0 $0
DR ELENA SHOSHITAISHVILI DIRECTOR 2.00
Director
$0 $0 $0
DR TARA TOMICIC CHAIRMAN 10.00
Officer Director
$0 $0 $0
MS NATALYA BICHR TREASURER 10.00
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
2024 No data No data No data No data
2023 $1,076,102 $1,242,011 $1,506,702 $-165,909
2022 $1,116,073 $1,201,943 $1,697,601 $-85,870
2021 $933,539 $1,094,754 $1,823,338 $-161,215
2020 $659,005 $1,032,803 $1,728,210 $-373,798
2019 $548,657 $1,157,702 $2,120,034 $-609,045
2018 $1,291,787 $1,259,779 $2,622,247 $32,008
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