CHARTER SCHOOLS DEVELOPMENT CENTER (EIN 861070577) - 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

2003

Legal Domicile

Principal Officer

ERIC PREMACK

Phone

9165386612

Tax Period

2023-07-01 to 2024-06-30

CHARTER SCHOOLS DEVELOPMENT CENTER, founded in 2003, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $787K, a strong 21% operating margin.

Mission

CHARTER SCHOOL RESOURCE CENTER

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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 $6,200

Program Service Revenue $3,465,197

Investment Income $245,446

Other Revenue $0

TOTAL REVENUE $3,716,843

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,612,894

Fundraising Expenses $0

Program Expenses $2,464,735

Other Expenses $1,316,881

TOTAL EXPENSES $2,929,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,716,843	$3,369,129	+0.1%
Expenses	$2,929,775	$2,592,068	+0.1%
Net Income	$787,068	$777,061	+0.0%

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

$185,479

Total Directors

$194,440

Key Employees

$174,469

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC PREMACK	PRESIDENT	60.00	Officer	$174,980	$10,499	$185,479
JEAN HATCH	BOARD MEMBER	1.00	Director	$0	$0	$0
JESSE LEYVA	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHANIE SCHWUCHOW	DIRECTOR	40.00	Director	$183,407	$11,033	$194,440
SUSANNE COIE	SPECIALIST	40.00	Key Emp	$174,469	$0	$174,469
LAURA KERR	OUTREACH SPE	40.00	Highest	$145,000	$0	$145,000
CANDICE LAMARCHE	SPECIALIST	40.00	Highest	$152,687	$0	$152,687
GREGORY HALL	MANAGER	40.00	Highest	$117,130	$0	$117,130
CAITLIN HELLAR	POLICY SPECI	40.00	Highest	$163,272	$0	$163,272

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	$3,716,843	$2,929,775	$8,366,580	$787,068
2023	$3,369,129	$2,592,068	$7,220,344	$777,061
2022	$2,153,682	$1,661,519	$6,420,991	$492,163
2021	$1,990,764	$1,315,680	$5,622,101	$675,084
2020	$1,754,284	$1,535,153	$4,947,488	$219,131
2020	$1,881,368	$1,535,153	$4,947,488	$346,215
2019	$2,124,407	$1,475,728	$4,606,766	$648,679
2019	$1,991,365	$1,475,728	$4,606,766	$515,637
2018	$1,840,677	$1,096,093	$3,978,265	$744,584

CHARTER SCHOOLS DEVELOPMENT CENTER