Friendship Day School for the Sciences and the Arts (EIN 824998817) - Form 990 Financial Analysis & Trantor Score

🔒

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

2019

Legal Domicile

Principal Officer

JOHN SPANN

Phone

7043916644

Tax Period

2023-01-01 to 2023-12-31

Friendship Day School for the Sciences and the Arts, founded in 2019, is a small nonprofit in the Education sector that reported $808K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 38% operating deficit.

Mission

To establish a school for the whole child that emphasizes problem solving Skills the scientific method of thinking

🔒

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 $314,892

Program Service Revenue $493,390

Investment Income $0

Other Revenue $0

TOTAL REVENUE $808,282

Expense Breakdown

Grants Paid $0

Salaries & Benefits $800,172

Fundraising Expenses $0

Other Expenses $311,971

TOTAL EXPENSES $1,112,143

Year-over-Year Comparison

	2023	2022	Change
Revenue	$808,282	$1,024,715	-0.2%
Expenses	$1,112,143	$801,290	+0.4%
Net Income	$-303,861	$223,425	-2.4%

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

N/A

Independent Members

N/A

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
DR CLIFFORD A JONES	Chair	N/A	Officer	$0	$0	$0
DR EDDIE DAVIS	Vice Chair	N/A	Officer	$0	$0	$0
DR M LORRAINE W DANCY	Secretary	N/A	Officer	$0	$0	$0
ASHLEY MCKINLEY	Head Of School	N/A	Key Emp	$0	$0	$0
WENDY LADD	Vice Secretary	N/A	Officer	$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	$808,282	$1,112,143	$258,134	$-303,861
2022	$1,024,715	$801,290	$159,718	$223,425
2021	$508,959	$562,197	$54,062	$-53,238
2020	$467,955	$398,863	$105,087	$69,092
2019	$334,147	$300,224	$70,591	$33,923

Friendship Day School for the Sciences and the Arts