HARBOR SPRINGS CHARTER SCHOOL (EIN 800936234) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Phone

9512528800

Tax Period

2023-07-01 to 2024-06-30

HARBOR SPRINGS CHARTER SCHOOL, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $16.8M in total revenue in fiscal year 2023.

Mission

OUR MISSION IS TO FOSTER THE INNATE CURIOSITY OF OUR STUDENTS, EMPOWER THEIR PARENTS, AND PROMOTE OPTIUM LEARNING BY COLLABORATIVELY DEVELOPING A PERSONALIZED LEARNING PROGRAM FOR EACH STUDENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,582,810

Program Service Revenue $0

Investment Income $293,927

Other Revenue $3,952,964

TOTAL REVENUE $16,829,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,785,459

Fundraising Expenses $0

Program Expenses $15,018,173

Other Expenses $7,773,438

TOTAL EXPENSES $17,558,897

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,829,701	$17,049,341	0.0%
Expenses	$17,558,897	$14,459,589	+0.2%
Net Income	$-729,196	$2,589,752	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$25,250

Total Directors

$39,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robin Davis	Admin-Special Asst	40.00		$113,689	$0	$113,689
Brenda Betson	Controller III	40.00		$101,669	$0	$101,669
Kelly Harrel	Education Speciali	40.00		$98,719	$0	$98,719
Krissa Jeldy	Education Speciali	40.00		$90,904	$0	$90,904
Erin Tuli	Education Speciali	40.00		$72,767	$0	$72,767
Marlene Darrow	Vice Chair	2.00	Officer Director	$6,250	$0	$6,250
Justin Moldenhauer	Director	2.00	Director	$6,250	$0	$6,250
Barbara Jean Heath	Secretary	2.00	Officer Director	$6,000	$0	$6,000
Jennifer Araiza	Chairman	2.00	Officer Director	$6,000	$0	$6,000
Collin Harrison	Treasurer	2.00	Officer Director	$6,000	$0	$6,000
Jennifer Mejares	Director	2.00	Director	$6,000	$0	$6,000
Debra Daniel	Director	2.00	Director	$2,250	$0	$2,250
andrea lynn bundy	Treasurer	2.00	Officer Director	$1,000	$0	$1,000

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	$16,829,701	$17,558,897	$49,166,426	$-729,196
2023	$17,049,341	$14,459,589	$28,096,552	$2,589,752
2022	$11,988,538	$10,497,336	$9,860,906	$1,491,202
2021	$12,110,649	$8,957,594	$8,767,198	$3,153,055
2020	$10,442,357	$9,924,508	$6,947,913	$517,849
2019	$9,720,832	$8,009,963	$5,800,523	$1,710,869
2018	$7,666,717	$7,619,449	$1,625,176	$47,268

HARBOR SPRINGS CHARTER SCHOOL