LAKE TAHOE SCHOOL

EIN: 860868862 501(c)(3) Education

INCLINE VILLAGE, NV

Total Revenue
$7,548,584
Total Expenses
$7,963,007
Total Assets
$28,302,821
Net Assets
$27,272,870
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NV
Principal Officer
ROBERT E GRAVES
Phone
7758315828
Tax Period
2023-07-01 to 2024-06-30

LAKE TAHOE SCHOOL, founded in 1997, is a community nonprofit in the Education sector that reported $7.5M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Net assets of $27.3M represent 43 months of operating reserves.

Mission

LAKE TAHOE SCHOOL IS ROOTED IN THE FOUNDING VISION OF AN EDUCATIONAL COMMUNITY FOCUSED ON HONORING THE INDIVIDUAL CREATIVITY AND PASSION INHERENT IN EVERY CHILD, TO NURTURE DISCIPLINED MINDS, STRONG CHARACTER, HEALTHY BODIES, AND CREATIVE SPIRITS AMONG ALL LTS STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,069,433
Program Service Revenue $4,758,189
Investment Income $473,353
Other Revenue $247,609
TOTAL REVENUE $7,548,584

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,817,622
Fundraising Expenses $333,486
Program Expenses $6,691,398
Other Expenses $3,145,385
TOTAL EXPENSES $7,963,007

Year-over-Year Comparison

2023 2022 Change
Revenue $7,548,584 $6,301,123 +0.2%
Expenses $7,963,007 $6,786,161 +0.2%
Net Income $-414,423 $-485,038 -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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
63
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
5
$393,185
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REBECCA KASSEKERT TRUSTEE 2.00
Officer Director
$0 $0 $0
JENNY MOLINELLI VICE CHAIR 2.00
Officer Director
$0 $0 $0
AMANDA MCLEOD TRUSTEE 2.00
Director
$0 $0 $0
ROB ALSTON SECRETARY 2.00
Officer Director
$0 $0 $0
BOB BRYAN TRUSTEE 1.00
Director
$0 $0 $0
KENDRA WONG TRUSTEE 1.00
Director
$0 $0 $0
AMY BERRY TRUSTEE 1.00
Director
$0 $0 $0
PETER GARCIA INTERIM CHAIR 2.00
Director
$0 $0 $0
ROBERT E GRAVES HEAD OF SCHOOL 40.00
Officer
$237,821 $41,039 $278,860
CRAIG THOMAS BUSINESS MANAGER 40.00
Officer
$97,500 $16,825 $114,325
KRIS NUGENT AST HEAD OF SCHOOL 40.00
Highest
$115,000 $19,842 $134,842
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 No data No data No data No data
2024 $7,548,584 $7,963,007 $28,302,821 $-414,423
2023 $6,301,123 $6,786,161 $28,964,796 $-485,038
2022 $16,917,580 $6,129,281 $29,056,481 $10,788,299
2021 $5,194,937 $5,043,823 $22,728,260 $151,114
2020 $6,517,818 $4,247,022 $22,585,390 $2,270,796
2019 $8,341,551 $3,337,160 $20,603,211 $5,004,391
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