GIRLS LATIN SCHOOL LEGACY FUND

EIN: 873797833 501(c)(3) Education

NORWOOD, MA

Total Revenue
$13,807
Total Expenses
$5,013
Total Assets
$418,228
Net Assets
$418,228
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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
2021
Legal Domicile
MA
Principal Officer
KAREN CURRAN
Phone
6174804697
Tax Period
2024-01-01 to 2024-12-31

GIRLS LATIN SCHOOL LEGACY FUND, founded in 2021, is a micro nonprofit in the Education sector that reported $14K in total revenue in fiscal year 2024. The organization ran a surplus of $9K, a strong 64% operating margin.

Mission

TO PRESERVE AND PROMOTE THE UNIQUE HISTORY AND LEGACY OF THE GIRLS LATIN SCHOOL AS THE FIRST COLLEGE PREPARATORY HIGH SCHOOL FOR GIRLS IN THE UNITED STATES.

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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 $7,395
Program Service Revenue $0
Investment Income $6,412
Other Revenue $0
TOTAL REVENUE $13,807

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49
Other Expenses $5,013
TOTAL EXPENSES $5,013

Year-over-Year Comparison

2024 2023 Change
Revenue $13,807 $-26,167 -1.5%
Expenses $5,013 $10,979 -0.5%
Net Income $8,794 $-37,146 -1.2%
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
3
Independent Members
3
Employees
N/A
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN CONNELL TRUSTEE N/A
Director
$0 $0 $0
KAREN CURRAN TRUSTEE N/A
Director
$0 $0 $0
MARIE SPENCE TRUSTEE N/A
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
2025 No data No data No data No data
2024 $13,807 $5,013 $418,228 $8,794
2023 $-26,167 $10,979 $396,484 $-37,146
2021 $450,006 No data $449,959 No data
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