SCHOOL SMART KC INC

🔒

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

2016

Legal Domicile

Principal Officer

ANGELIQUE NEDVED

Phone

8164061949

Tax Period

2023-01-01 to 2023-12-31

SCHOOL SMART KC INC, founded in 2016, is a community nonprofit in the Education sector that reported $8.4M in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $8.0M left a modest 4% surplus.

Mission

FROM OUR INCEPTION OUR MISSION HAS BEEN TO ELIMINATE THE ACHIEVEMENT GAP FOR STUDENTS IN KANSAS CITY. (CONTINUED ON SCHEDULE O)WE RECOGNIZE THE EXISTING OBSTACLES AND CHALLENGES THAT AFFECT SCHOOL PERFORMANCE IN OUR CITY - AND WE ARE FUELED IN OUR WORK BY THE PASSION OF OUR FAMILIES, THE COMMITMENT OF OUR SCHOOL LEADERS AND EDUCATORS, THE GROWTH IN QUALITY AND PERFORMANCE IN MANY OF OUR SCHOOLS, AND THE OVERWHELMING POTENTIAL THAT WE SEE IN EVERY CHILD IN OUR CLASSROOMS. WE KNOW THAT TOGETHER WE ARE STRONGER, AND WE WORK WITH THE ENTIRE EDUCATION COMMUNITY TO MAKE A DIFFERENCE FOR OUR STUDENTS.

Program Service Accomplishments

Program 1

Expenses: $7,341,074 Revenue: $1,471

SCHOOLSMARTKC FORMALLY LAUNCHED IN MARCH OF 2017 WITH THE GOAL OF CLOSING THE ACHIEVEMENT GAP FOR STUDENTS IN KANSAS CITY. WHEN WE LAUNCHED, 30% OF PUBLIC SCHOOLS WITHIN THE BOUNDARIES OF THE KANSAS CITY PUBLIC SCHOOL DISTRICT WERE PERFORMING IN THE BOTTOM FIVE PERCENT OF SCHOOLS IN THE STATE OF MISSOURI. DESPITE THIS CHALLENGE, SSKC SAW THE POTENTIAL OF OUR COMMUNITY TO WORK TOGETHER IN SUPPORT OF OUR SCHOOLS THROUGH COORDINATED STRATEGIES TO BOOST SCHOOL PERFORMANCE AND INCREASE STUDENT SUCCESS.(CONTINUED ON SCHEDULE O)SINCE OUR WORK STARTED, WORKING CLOSELY WITH COMMUNITY PARTNERS AND OUR SCHOOLS, SCHOOLSMARTKC HAS INVESTED OVER $30 MILLION INTO SCHOOLS AND EDUCATION PARTNERS IN KANSAS CITY. THESE INVESTMENTS, WHICH INCLUDE DIRECT SUPPORT TO 100% OF SCHOOL DISTRICTS AND LEAS IN THE CITY, HAVE SEEN TANGIBLE IMPROVEMENTS TO SCHOOLS IN THE FORM OF NEW OFFERINGS, EXPANDED PROGRAMMING, AND IMPROVED TECHNOLOGY IN THE HANDS OF OUR STUDENTS. THEY HAVE ALSO ALLOWED FOR THE DEVELOPMENT AND EXPANSIONS OF DEEPER COLLECTIVE EFFORTS TO ADDRESS ISSUES SURROUNDING FAMILY ENGAGEMENT, RECRUITMENT AND RETENTION OF EDUCATORS, AND THE CRITICAL NEED FOR PRE-K SOLUTIONS IN OUR CITY.NOW, EIGHT (8) YEARS INTO OUR WORK, OUR RESOLVE IS STRONGER THAN EVER. TOGETHER WITH THE CONSTANTLY GROWING GROUP OF ALLIES SUPPORTING IMPROVED PUBLIC EDUCATION IN KANSAS CITY, WE ARE FOCUSING ON HARNESSING OUR COLLECTIVE POWER TO TACKLE THE SYSTEMIC ISSUES THAT EXIST FOR STUDENTS IN KANSAS CITY AND CONTINUE TO MOVE THE NEEDLE FOR EVERY CHILD ATTENDING A PUBLIC SCHOOL.

🔒

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 $8,140,686

Program Service Revenue $0

Investment Income $182,773

Other Revenue $52,880

TOTAL REVENUE $8,376,339

Expense Breakdown

Grants Paid $5,000,054

Salaries & Benefits $1,188,065

Fundraising Expenses $131,339

Program Expenses $7,341,074

Other Expenses $1,820,975

TOTAL EXPENSES $8,009,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,376,339	$11,325,637	-0.3%
Expenses	$8,009,094	$9,325,074	-0.1%
Net Income	$367,245	$2,000,563	-0.8%

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

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

$401,163

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK LARRABEE	CHAIR & TREASURER	1.00	Officer Director	$0	$0	$0
IRENE CAUDILLO	DIRECTOR	1.00	Director	$0	$0	$0
COLLEEN HERNANDEZ	DIRECTOR	1.00	Director	$0	$0	$0
DORANNE HUDSON	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH ALLEN	TREASURER (TERM END 8/23)	1.00	Officer Director	$0	$0	$0
AWAIS SUFI	PRESIDENT & CEO (THRU 4/2/23)	40.00	Officer	$79,295	$9,861	$89,156
ANGELIQUE NEDVED	PRESIDENT & CEO (AS OF 8/1/23)	40.00	Officer	$245,843	$66,164	$312,007
JOHN RANGEL	CHIEF PARTNERSHIP OFFICER	40.00	Highest	$111,929	$26,361	$138,290

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	$8,376,339	$8,009,094	$10,252,464	$367,245
2022	$11,325,637	$9,325,074	$9,377,686	$2,000,563
2021	$7,640,451	$9,821,954	$7,202,506	$-2,181,503
2020	$18,134,716	$11,284,077	$9,255,093	$6,850,639
2019	$8,765,618	$10,983,266	$2,349,339	$-2,217,648
2018	$4,101,446	$7,593,948	$4,664,422	$-3,492,502