The Ideal School of Manhattan

EIN: 760800603 501(c)(3) Education

New York, NY

Total Revenue
$18,553,427
Total Expenses
$21,894,650
Total Assets
$63,539,050
Net Assets
$7,316,250
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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
2005
Legal Domicile
NY
Principal Officer
Janet Wolfe
Phone
2127691699
Tax Period
2023-07-01 to 2024-06-30

The Ideal School of Manhattan, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $18.6M in total revenue in fiscal year 2023. Expenses of $21.9M exceeded revenue, resulting in a 18% operating deficit.

Mission

An independent school providing a comprehensive educational program for children from K through 12th 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 $1,925,005
Program Service Revenue $16,608,815
Investment Income $116
Other Revenue $19,491
TOTAL REVENUE $18,553,427

Expense Breakdown

Grants Paid $3,167,595
Salaries & Benefits $11,105,596
Fundraising Expenses $367,229
Program Expenses $17,794,756
Other Expenses $7,621,459
TOTAL EXPENSES $21,894,650

Year-over-Year Comparison

2023 2022 Change
Revenue $18,553,427 $18,500,286 +0.0%
Expenses $21,894,650 $18,513,088 +0.2%
Net Income $-3,341,223 $-12,802 +260.0%
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
21
Independent Members
20
Employees
144
Volunteers
20

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
5
$773,628
Total Directors
21
$566,374
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michele Smith Treasurer 5.00
Officer Director
$0 $0 $0
Audra Zuckerman Secretary 5.00
Officer Director
$0 $0 $0
Mitch Rubin Trustee 5.00
Director
$0 $0 $0
Tom Kelly Trustee 5.00
Director
$0 $0 $0
Evan Azriliant Trustee 5.00
Director
$0 $0 $0
Tracey Nixon Vice President 5.00
Director
$0 $0 $0
Alyssa Picchini Schaffer Trustee 5.00
Director
$0 $0 $0
Janet Wolfe Head School 40.00
Officer Director
$542,142 $24,232 $566,374
Robert McQueen Trustee 5.00
Director
$0 $0 $0
Dan Kesten Trustee 5.00
Director
$0 $0 $0
Matt Steinberg Trustee 5.00
Director
$0 $0 $0
Megan Mack Trustee 5.00
Director
$0 $0 $0
Margaret Lewis Trustee 5.00
Director
$0 $0 $0
Robert Ziff Vice President 5.00
Officer Director
$0 $0 $0
Jay Eisenhofer President 5.00
Director
$0 $0 $0
Michael Lorch Trustee 5.00
Director
$0 $0 $0
Jane Providenti Trustee 5.00
Director
$0 $0 $0
Ron Fischer Trustee 5.00
Director
$0 $0 $0
Brian Cromwell Trustee 5.00
Director
$0 $0 $0
Emily Moyer Trustee 5.00
Director
$0 $0 $0
David Orowitz Trustee 5.00
Director
$0 $0 $0
Margaret Conklin CFO 40.00
Officer
$187,659 $19,595 $207,254
Jorge Chica Director of Technology 40.00
Highest
$148,696 $17,995 $166,691
Tara Slinn Director of Learning Support 40.00
Highest
$155,771 $17,923 $173,694
Tara Fersko Interim LS Head 40.00
Highest
$153,137 $22,288 $175,425
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 No data No data No data No data
2024 $18,553,427 $21,894,650 $63,539,050 $-3,341,223
2023 $18,500,286 $18,513,088 $23,683,763 $-12,802
2022 $20,210,426 $17,187,256 $23,316,354 $3,023,170
2021 $19,239,739 $18,014,054 $22,538,816 $1,225,685
2020 $17,333,928 $17,523,695 $20,195,443 $-189,767
2019 $19,211,242 $18,297,407 $18,611,349 $913,835
2018 $14,165,184 $17,573,916 $17,087,280 $-3,408,732
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