SCHOOL CONNECT INC (EIN 823762263) - 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

2018

Legal Domicile

Principal Officer

TRACEY BEAL

Phone

4806085676

Tax Period

2023-01-01 to 2023-12-31

SCHOOL CONNECT INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $400K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $476K exceeded revenue, resulting in a 19% operating deficit.

Mission

CONNECTING SCHOOLS TO THE COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $331,527

Program Service Revenue $80,342

Investment Income $23

Other Revenue $-12,094

TOTAL REVENUE $399,798

Expense Breakdown

Grants Paid $8,973

Salaries & Benefits $249,569

Fundraising Expenses $80,838

Program Expenses $273,108

Other Expenses $216,998

TOTAL EXPENSES $475,540

Year-over-Year Comparison

	2023	2022	Change
Revenue	$399,798	$517,276	-0.2%
Expenses	$475,540	$506,700	-0.1%
Net Income	$-75,742	$10,576	-8.2%

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

125

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

$36,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY BEAL	CEO	32.00	Officer	$36,000	$0	$36,000
DR BETSY HARGROVE	Director	1.00	Director	$0	$0	$0
DR JENNIFER JOHNSON	Chairman	1.00	Officer Director	$0	$0	$0
DR MIKE RICHARDSON	Director	1.00	Director	$0	$0	$0
NEDDA SHAFIR	Director	1.00	Director	$0	$0	$0
RICARDO PRINGLE	Director	1.00	Director	$0	$0	$0
REV DAN STEFFEN	Director	1.00	Director	$0	$0	$0
DR CAROL LIPPERT	Secretary	1.00	Director	$0	$0	$0
JEROME PARKER	Director	1.00	Director	$0	$0	$0
JOHN DOWD	Director	1.00	Director	$0	$0	$0
OBED ESCOBAR	Director	1.00	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	No data	No data	No data	No data
2023	$399,798	$475,540	$184,061	$-75,742
2022	$517,276	$506,700	$188,133	$10,576
2021	$280,277	$386,452	$152,280	$-106,175
2020	$474,918	$267,258	$932,421	$207,660

SCHOOL CONNECT INC