CHARTERSOURCE (EIN 880689849) - 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

2022

Legal Domicile

Principal Officer

BETH FINCH

Phone

7634429690

Tax Period

2024-07-01 to 2025-06-30

CHARTERSOURCE, founded in 2022, is a small nonprofit in the Education sector that reported $439K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $485K exceeded revenue, resulting in a 10% operating deficit.

Mission

PROVIDE SCAFFOLDED SUPPORT AND DEVELOPMENT IN GOVERNANCE, LEADERSHIP, AND OPERATIONS FOR SCHOOL IMPROVEMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $73,180

Program Service Revenue $352,056

Investment Income $12,679

Other Revenue $1,471

TOTAL REVENUE $439,386

Expense Breakdown

Grants Paid $0

Salaries & Benefits $391,391

Fundraising Expenses $11,864

Program Expenses $414,672

Other Expenses $93,651

TOTAL EXPENSES $485,042

Year-over-Year Comparison

	2024	2023	Change
Revenue	$439,386	$657,004	-0.3%
Expenses	$485,042	$525,061	-0.1%
Net Income	$-45,656	$131,943	-1.3%

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

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

$154,173

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAWSAN NATSHEH	PRESIDENT	2.00	Officer Director	$0	$0	$0
KOU VANG	TREASURER	2.00	Officer Director	$0	$0	$0
DANA PETERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
PHYLLIS SALTZMAN	DIRECTOR	2.00	Officer Director	$0	$0	$0
BETH FINCH	FORMER EXECUTIVE DIRECTOR	40.00	Officer	$104,600	$0	$104,600
HOLLY AMAYA	EXECUTIVE DIRECTOR	40.00	Officer	$49,573	$0	$49,573

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	$439,386	$485,042	$607,491	$-45,656
2024	$657,004	$525,061	$667,567	$131,943
2023	$836,391	$452,567	$634,394	$383,824

CHARTERSOURCE