HESSEL SCHOOL HOUSE CORPORATION (EIN 810917998) - 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

2015

Legal Domicile

Principal Officer

BONNIE MIKKELSEN

Phone

9064841333

Tax Period

2024-01-01 to 2024-12-31

HESSEL SCHOOL HOUSE CORPORATION, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $242K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $214K left a modest 12% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OWN AND USE A BUILDING AND PROPERTY WHICH WAS FORMERLY THE HESSEL SCHOOL HOUSE LOCATED AT 3206 CEDAR RD IN HESSEL ON A NONPROFIT BASIS FOR PURPOSES WHICH ARE NOT LIMITED TO HISTORIC PRESERVATION OF THAT BUILDING, THE PRESERVATION OF THE BUILDING'S ARCHITECTURE AND MAINTIANING THE AREAS IN THIS HISTORIC LANDMARK. ALSO TO PROVIDE A LOCATION FOR VARIOUS COMMUNITY EVENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $142,145

Program Service Revenue $75,428

Investment Income $87

Other Revenue $24,089

TOTAL REVENUE $241,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $87,411

Fundraising Expenses $0

Program Expenses $185,508

Other Expenses $126,117

TOTAL EXPENSES $213,528

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,749	$193,930	+0.2%
Expenses	$213,528	$204,985	+0.0%
Net Income	$28,221	$-11,055	-3.6%

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

129

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
MISSY DEWICK	DIRECTOR	0.50	Director	$0	$0	$0
CAROL DUNCAN	DIRECTOR	1.50	Director	$0	$0	$0
JACK FAVERT	DIRECTOR	0.50	Director	$0	$0	$0
JOHN HESSEL	DIRECTOR	1.00	Director	$0	$0	$0
CAROL HUBBARD	DIRECTOR	1.50	Director	$0	$0	$0
ROBIN PENDERY	DIRECTOR	2.00	Director	$0	$0	$0
DAN REELITZ	DIRECTOR	4.00	Director	$0	$0	$0
DIANE KEIGHLEY	TREASURER	5.00	Officer	$0	$0	$0
BONNIE MIKKELSEN	SECRETARY	10.00	Officer	$0	$0	$0
SUSIE RUTLEDGE	PRESIDENT	0.50	Officer	$0	$0	$0
LINDA SUDOL	VICE PRESIDE	1.50	Officer	$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	$241,749	$213,528	$475,819	$28,221
2023	$193,930	$204,985	$448,122	$-11,055
2021	$139,330	$108,459	$489,462	$30,871
2020	$126,979	$139,175	$457,331	$-12,196
2019	$170,527	$142,327	$470,051	$28,200
2018	$138,740	$95,964	$440,548	$42,776

HESSEL SCHOOL HOUSE CORPORATION