REDWOOD SCHOOLS INC (EIN 834265445) - 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

Phone

7739153366

Tax Period

2024-07-01 to 2025-06-30

REDWOOD SCHOOLS INC, founded in 2019, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue surged 206% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 7% surplus.

Mission

REDWOOD EXISTS SO THAT ALL STUDENTS WITH LITERACY STRUGGLES CAN ACCESS THEIR DREAMS. BY CULTIVATING HOPE AND RESTORING CONFIDENCE, WE HELP STUDENTS DRAMATICALLY IMPROVE THEIR LITERACY SKILLS REGARDLESS OF SOCIO-ECONOMIC BACKGROUND OR LEARNES DIFFERENCES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $159,524

Program Service Revenue $2,844,709

Investment Income $0

Other Revenue $110,185

TOTAL REVENUE $3,114,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,104,460

Fundraising Expenses $0

Program Expenses $2,320,364

Other Expenses $795,996

TOTAL EXPENSES $2,900,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,114,418	$1,019,288	+2.1%
Expenses	$2,900,456	$1,010,822	+1.9%
Net Income	$213,962	$8,466	+24.3%

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

Independent Members

Employees

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

$126,771

Total Directors

$126,771

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BECKY SINCLAIR	EXECUTIVE DIRECTOR	50.00	Officer Director	$126,771	$0	$126,771
HILLARI BISHOP	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
SARAH NELSON	TREASURER	1.00	Officer Director	$0	$0	$0
MARJORIE ALLABASTRO	ADVANCEMENT COMMITTEE CHAIR	1.00	Director	$0	$0	$0
DAVID MEYERSON	BOARD MEMBER	50.00	Director	$0	$0	$0
SHANNON HAMMOND	BOARD MEMBER	1.00	Director	$0	$0	$0
SARAH AHLM	BOARD MEMBER	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
2025	$3,114,418	$2,900,456	$930,998	$213,962
2022	$1,554,639	$1,479,010	$715,588	$75,629
2021	$1,393,210	$1,311,457	$267,155	$81,753
2020	$799,493	$902,873	$272,623	$-103,380
2019	$471,493	$186,095	$285,698	$285,398

REDWOOD SCHOOLS INC