SCHOOL CONNECT WA (EIN 881482631) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

ROY CHANG

Phone

2063357575

Tax Period

2024-07-01 to 2025-06-30

SCHOOL CONNECT WA, founded in 2022, is a small nonprofit in the Education sector that reported $674K in total revenue in fiscal year 2024. Revenue surged 126% from the prior year, signaling strong growth momentum. The organization ran a surplus of $219K, a strong 32% operating margin.

Mission

WE CREATE AFTERSCHOOL PROGRAMS THAT CONNECT THE WHOLE CITY TO SCHOOLS SO EVERY CHILD AND FAMILY CAN FLOURISH. OUR AFTERSCHOOL PROGRAMS SUPPORT FAMILIES BY FOCUSING ON ACADEMIC ACHIEVEMENT IN A BROAD ARRAY OF SUBJECT MATTER SUCH AS STEM, ARTS, NUTRITION AND HEALTH EDUCATION, SOCIAL EMOTIONAL COACHING, FITNESS, AND LEADERSHIP DEVELOPMENT. WE ALSO SUPPORT THE PARENTS THROUGH PARENTING AND MARRIAGE CLASSES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $673,527

Program Service Revenue $110

Investment Income $412

Other Revenue $0

TOTAL REVENUE $674,049

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,562

Fundraising Expenses $39,337

Program Expenses $376,970

Other Expenses $114,761

TOTAL EXPENSES $455,323

Year-over-Year Comparison

	2024	2023	Change
Revenue	$674,049	$298,608	+1.3%
Expenses	$455,323	$259,853	+0.8%
Net Income	$218,726	$38,755	+4.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

180

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

$90,000

Total Directors

$90,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROY CHANG	CEO	40.00	Officer Director	$90,000	$0	$90,000
DAVE KWOK	DIRECTOR	N/A	Officer Director	$0	$0	$0
PHIL MAULDING	DIRECTOR	N/A	Officer Director	$0	$0	$0
KRISTIN TAN	DIRECTOR	N/A	Officer Director	$0	$0	$0
TYRA WILLIAMS	DIRECTOR	N/A	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
2025	$674,049	$455,323	$296,625	$218,726
2024	$298,608	$259,853	$77,264	$38,755
2023	$138,461	$197,842	$37,233	$-59,381
2022	$96,260	$648	$95,612	$95,612

SCHOOL CONNECT WA