SPRINGWELL SCHOOL INC

EIN: 844516689 501(c)(3) Education

SILVER SPRING, MD

Total Revenue
$603,096
Total Expenses
$537,622
Total Assets
$76,780
Net Assets
$35,601
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MD
Phone
3015786885
Tax Period
2024-09-01 to 2025-08-31

SPRINGWELL SCHOOL INC, founded in 2020, is a small nonprofit in the Education sector that reported $603K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $538K left a modest 11% surplus.

Mission

WE INSPIRE THE NEXT GENERATION OF LEADERS BY NURTURING CHILDRENS INTELLIGENCE, CURIOSITY, COMMUNICATION SKILLS & EMPATHY, ALONG WITH A LIFELONG LOVE OF LEARNING. WE ACHIEVE THIS THROUGH INDIVIDUALIZED, INQUIRY-BASED K-8 EDUCATION WITHIN A KIND, DIVERSE & INCLUSIVE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $260,710
Program Service Revenue $342,221
Investment Income $165
Other Revenue $0
TOTAL REVENUE $603,096

Expense Breakdown

Grants Paid $0
Salaries & Benefits $351,501
Fundraising Expenses $1,327
Program Expenses $411,408
Other Expenses $186,121
TOTAL EXPENSES $537,622

Year-over-Year Comparison

2024 2023 Change
Revenue $603,096 $677,567 -0.1%
Expenses $537,622 $619,168 -0.1%
Net Income $65,474 $58,399 +0.1%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
1
Employees
11
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
$85,869
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLORIA CHAN HEAD OF SCHOOL AND TREASURER 40.00
Officer
$85,869 $0 $85,869
DANIEL OLLIVER PRESIDENT 2.00
Officer
$0 $0 $0
JENNIFER STECKLOW BOARD SECRETARY 2.00
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
2025 $603,096 $537,622 $76,780 $65,474
2024 $677,567 $619,168 $24,865 $58,399
2023 $525,627 $623,911 $4,551 $-98,284
2023 $517,219 $617,028 $26,490 $-99,809
2022 $551,186 $455,624 $129,579 $95,562
2022 $19,429 $80,074 $73,914 $-60,645
2021 $381,137 $454,452 $281,395 $-73,315
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