TWENTYFIRST CENTURY CHARTER SCHOOLS INC (EIN 860791670) - 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

1995

Legal Domicile

Principal Officer

FRED BENNETT

Phone

6022424220

Tax Period

2023-07-01 to 2024-06-30

TWENTYFIRST CENTURY CHARTER SCHOOLS INC, founded in 1995, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

CHARTER SCHOOL

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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 $1,785,083

Program Service Revenue $10,913

Investment Income $3,850

Other Revenue $0

TOTAL REVENUE $1,799,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,058,480

Fundraising Expenses $0

Program Expenses $1,106,785

Other Expenses $728,436

TOTAL EXPENSES $1,786,916

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,799,846	$2,135,399	-0.2%
Expenses	$1,786,916	$1,706,291	+0.0%
Net Income	$12,930	$429,108	-1.0%

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

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

$62,430

Total Directors

$62,430

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC MILLER	BOARD MEMBER	5.00	Director	$0	$0	$0
NANCY BENNETT	DIRECTOR OF ED	50.00	Officer Director	$30,600	$1,530	$32,130
FRED BENNETT	EXECUTIVE DIRECTOR	50.00	Officer Director	$27,270	$3,030	$30,300
TERRL FENDER	BOARD MEMBER	5.00	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	$1,799,846	$1,786,916	$2,541,114	$12,930
2022	$1,904,982	$2,000,781	$2,399,100	$-95,799
2021	$1,940,045	$2,176,674	$1,407,012	$-236,629
2019	$1,929,624	$2,112,189	$1,291,661	$-182,565
2018	$2,113,017	$2,149,009	$1,391,655	$-35,992

TWENTYFIRST CENTURY CHARTER SCHOOLS INC