PROSPECT ENRICHMENT PRESCHOOL

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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

1983

Legal Domicile

Principal Officer

DEBORA GOODMAN

Phone

2066184853

Tax Period

2020-07-01 to 2021-06-30

PROSPECT ENRICHMENT PRESCHOOL, founded in 1983, is a micro nonprofit that reported $32K in total revenue in fiscal year 2020. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $157K exceeded revenue, resulting in a 386% operating deficit.

Mission

TO PROVIDE A RICH EARLY LEARNING ENVIRONMENT WITH EMPHASIS ON LITERARY AND COGNITIVE SKILLS TO 3 AND 4 YEAR OLDS REGARDLESS OF ABILITY TO PAY.

Program Service Accomplishments

Program 1

Expenses: $95,049

PROSPECT ENRICHMENT PRESCHOOL PROVIDES QUALITY EDUCATION AND GUIDANCE FOR APPROXIMATELY 24 CHILDREN FROM LOW INCOME FAMILIES. THE LONG RANGE GOAL IS TO GIVE THE CHILDREN THE SAME SKILLS AS THOSE FROM MORE ECONOMICALLY ADVANTAGED FAMILIES AND TO PREPARE THEM FOR SUCCESS IN SCHOOL AND BEYOND.

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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 (2020)

Revenue Breakdown

Contributions & Grants $31,847

Program Service Revenue $0

Investment Income $69

Other Revenue $326

TOTAL REVENUE $32,242

Expense Breakdown

Grants Paid $52,500

Salaries & Benefits $47,761

Fundraising Expenses $0

Program Expenses $95,049

Other Expenses $56,300

TOTAL EXPENSES $156,561

Year-over-Year Comparison

	2020	2019	Change
Revenue	$32,242	$161,532	-0.8%
Expenses	$156,561	$206,744	-0.2%
Net Income	$-124,319	$-45,212	+1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA CHATARD	PRESIDENT	2.00	Officer	$0	$0	$0
DANIELLE WOODS	SECRETARY	1.00	Officer	$0	$0	$0
MACKENSIE TINSLEY	TREASURER	12.00	Officer	$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
2021	$32,242	$156,561	No data	$-124,319
2020	$161,532	$206,744	$97,117	$-45,212
2019	$228,432	$218,209	$143,364	$10,223
2018	$225,703	$202,423	$134,680	$23,280