SCHOOL OF THOUGHT (EIN 813242323) - 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

2017

Legal Domicile

Phone

6103895828

Tax Period

2024-01-01 to 2024-12-31

SCHOOL OF THOUGHT, founded in 2017, is a small nonprofit in the Education sector that reported $343K in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring.

Mission

TO DEVELOP CREATIVE COMMONS EDUCATIONAL ASSETS, AS WELL AS COMPREHENSIVE MODULAR, GAMIFIED ONLINE CURRICULUM.

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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 $343,162

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $343,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $167,090

Program Expenses $173,680

Other Expenses $345,275

TOTAL EXPENSES $345,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$343,162	$468,429	-0.3%
Expenses	$345,275	$480,261	-0.3%
Net Income	$-2,113	$-11,832	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE RICHARDSON	TREASURERSECRETARY	1.00	Officer Director	$0	$0	$0
JAMES STRACHAN	DIRECTOR	1.00	Director	$0	$0	$0
DAVID LENOWITZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID MCRANEY	CEO	1.00	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	$343,162	$345,275	$81,031	$-2,113
2023	$468,429	$480,261	$83,144	$-11,832
2022	$669,332	$682,809	$94,976	$-13,477
2021	$1,287,348	$1,221,336	$108,453	$66,012
2020	$263,862	$252,589	$42,440	$11,273
2019	$109,596	$91,823	$34,308	$17,773

SCHOOL OF THOUGHT