GEM CHARTER SCHOOL INC

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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

1998

Legal Domicile

Principal Officer

SHERRI SAMPSON

Phone

4808332622

Tax Period

2022-07-01 to 2023-06-30

GEM CHARTER SCHOOL INC, founded in 1998, is a small nonprofit in the Education sector that reported $758K in total revenue in fiscal year 2022. Expenses of $971K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE SCHOOL IS DEDICATED TO THE DEVELOPMENT OF WELL-ROUNDED INDIVIDUALS, WHO ARE PROFICIENT, SELF-CONFIDENT, AND HAVE ASCERTAINED THE POTENTIAL AND DESIRE FOR LIFE-LONG LEARNING AND IMPROVED ACADEMIC PERFORMANCE THROUGH THE IMLEMENTATION OF THE MONTESSORI METHOD OF EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $883,396

GEM CHARTER SCHOOL PROVIDES EDUCATION SERVICES TO ELEMENTARY STUDENTS. THE SCHOOL USES THE MONTESSORI APPROACH TO HELP STUDENTS BECOME WELL ROUNDED, CONFIDENT, PROFICIENT, LIFE-LONG LEARNERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $758,470

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $758,471

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $883,396

Other Expenses $971,244

TOTAL EXPENSES $971,244

Year-over-Year Comparison

	2022	2021	Change
Revenue	$758,471	$793,171	0.0%
Expenses	$971,244	$778,722	+0.2%
Net Income	$-212,773	$14,449	-15.7%

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

N/A

Volunteers

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
NELLEKE VAN SAVOOYEN	PRESIDENT	5.00	Officer Director	$0	$0	$0
SANDY HOLZER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHNA MARTINEZ	MEMBER	1.00	Director	$0	$0	$0
KARYN SMITH	MEMBER	1.00	Director	$0	$0	$0
SHERRI SAMPSON	MEMBER/HEAD	20.00	Officer 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
2023	$758,471	$971,244	$481,171	$-212,773
2022	$793,171	$778,722	$710,577	$14,449
2021	$937,889	$782,334	$531,729	$155,555