WINTHROP PARK SCHOOL INC C/O MCCARTHY LEGAL SERVICES

EIN: 823447166 501(c)(3)

NEWTON CENTRE, MA

Total Revenue
$664,135
Total Expenses
$2,691,839
Total Assets
$46,060,668
Net Assets
$18,961,708
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
STEVE HINDS
Phone
6172442800
Tax Period
2022-07-01 to 2023-06-30

WINTHROP PARK SCHOOL INC C/O MCCARTHY LEGAL SERVICES, founded in 2017, is a small nonprofit that reported $664K in total revenue in fiscal year 2022. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $2.7M exceeded revenue, resulting in a 305% operating deficit.

Mission

WPS IS AN INNOVATIVE SECONDARY SCHOOL WITH AN ADVANCED MODEL OF EDUCATION WHERE LEARNING THRIVES EVERYWHERE - IN OUR CLASSROOM, THROUGH INTERNSHIPS, AND THROUGHOUT THE LOCAL AND GREATER COMMUNITIES. OUR TEACHERS ARE DEDICATED TO CREATING CURRICULUM PROGRAMS THAT DEEPEN LEARNING BY FOSTERING STUDENT AND TEACHER DIRECTED LEARNING, THEREBY EMPOWERING STUDENTS (AND THEIR FAMILIES), AND TEACHERS, TO SHAPE THEIR OWN EDUCATIONAL JOURNEY AND TO EXPERIENCE LEARNING AS BEING UNBOUNDED, VERSUS ONE SIZE FITS ALL. WE BELIEVE THAT STUDENTS LEARN BEST WHEN THEY HAVE CONNECTIONS WITH THEIR COMMUNITY, BECOME EMPOWERED LEARNERS, AND HAVE SCHOOL OPPORTUNITIES THAT ARE UNBOUNDED. THE SUCCESSFUL INTERNATIONAL HACKATHON, ATTENDED BY 150 STUDENTS FROM AROUND THE GLOBE, IS AN EXAMPLE OF OUR STUDENT DESIGNED PROGRAMMING. OUR NEWLY DEVELOPED SUMMER LEADERSHIP INSTITUTE IS AN EXAMPLE OF HOW A STUDENT AGENCY IS PROMOTED ON OUR CAMPUS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,580,000
Program Service Revenue $0
Investment Income $0
Other Revenue $-1,915,865
TOTAL REVENUE $664,135

Expense Breakdown

Grants Paid $0
Salaries & Benefits $554,373
Fundraising Expenses $0
Program Expenses $1,650,136
Other Expenses $2,137,466
TOTAL EXPENSES $2,691,839

Year-over-Year Comparison

2022 2021 Change
Revenue $664,135 $1,806,634 -0.6%
Expenses $2,691,839 $2,768,372 0.0%
Net Income $-2,027,704 $-961,738 +1.1%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
N/A
Employees
14
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
3
$70,725
Total Directors
3
$70,725
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE HINDS PRESIDENT & DIRECTOR 5.00
Officer Director
$70,725 $0 $70,725
LISA BESTENI TREASURER & DIRECTOR 2.00
Officer Director
$0 $0 $0
CHRISTOPHER JEDREY CLERK & DIRECTOR 2.00
Officer Director
$0 $0 $0
JUAN FERNANDEZ SENIOR ADVISOR 40.00
Highest
$149,263 $0 $149,263
DEBORAH LEVITZKY CHIEF PROGRAM DIRECTOR 40.00
Highest
$147,577 $0 $147,577
LAURA TAVARES EXECUTIVE DIRECTOR 40.00
Highest
$186,808 $0 $186,808
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 $664,135 $2,691,839 $46,060,668 $-2,027,704
2022 $1,806,634 $2,768,372 $46,761,247 $-961,738
2021 $837,081 $2,089,491 $47,531,093 $-1,252,410
2020 $176,705 $1,203,392 $48,247,446 $-1,026,687
2019 $12,323,365 $1,698,365 $49,032,799 $10,625,000
2018 $36,363,319 $495,154 $51,479,317 $35,868,165
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