STRADFORD PREPARATORY CHARTER SCHO… - Form 990 Financial Data

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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

DOMINIQUE NUTE

Phone

9175393154

Tax Period

2021-07-01 to 2022-06-30

STRADFORD PREPARATORY CHARTER SCHOOL FOR BOYS, founded in 2018, is a micro nonprofit in the Education sector that reported $405K in total revenue in fiscal year 2021. Revenue fell 33875% from the prior year — a significant decline worth monitoring.

Mission

STRADFORD PREPARATORY'S MISSION IS TO PROVIDE YOUNG MEN OF ALL BACKGROUNDS AND EXPERIENCES WITH A MULTIDISCIPLINARY ACADEMIC, CHARACTER AND SOCIAL EDUCATION IN A NURTURING ENVIRONMENT. WE WILL INSPIRE AND ENGAGE YOUNG MEN BY CREATING THE OPPORTUNITY THAT EMPOWER AND HOLDS THEM ACCOUNTABLE TO INDEPENDENCE AND GREATNESS.

Program Service Accomplishments

Program 1

STRADFORD PREPARATORY'S MISSION IS TO PROVIDE YOUNG MEN OF ALL BACKGROUNDS AND EXPERIENCES WITH A MULTIDISCIPLINARY ACADEMIC, CHARACTER AND SOCIAL EDUCATION IN A NURTURING ENVIRONMENT. WE WILL...

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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 (2021)

Revenue Breakdown

Contributions & Grants $16,963

Program Service Revenue $0

Investment Income $-422,258

Other Revenue $0

TOTAL REVENUE $-405,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,202

Fundraising Expenses $0

Other Expenses $291,283

TOTAL EXPENSES $339,485

Year-over-Year Comparison

	2021	2020	Change
Revenue	$-405,295	$1,200	-338.7%
Expenses	$339,485	$248,014	+0.4%
Net Income	$-744,780	$-246,814	+2.0%

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

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

$48,594

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH HOWARD	BOARD CHAIR - THRU AUG 2021	1.00	Officer Director	$0	$0	$0
BRANDI WOMACK	INTERIM BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TUNDE LAWSON	TREASURER	1.00	Officer Director	$0	$0	$0
ELISABETH SUNDBACK	SECRETARY	1.00	Officer Director	$0	$0	$0
LOGAN HASSAN	MEMBER	1.00	Director	$0	$0	$0
DOMINIQUE NUTE	SCHOOL LEADER	40.00	Officer	$46,011	$2,583	$48,594

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
2022	$-405,295	$339,485	$111,150	$-744,780
2021	$1,200	$248,014	$417,078	$-246,814
2020	$897,361	$260,748	$935,578	$636,613

STRADFORD PREPARATORY CHARTER SCHOOL FOR BOYS