LITERACY FIRST CHARTER SCHOOLS (EIN 912145223) - 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

2000

Legal Domicile

Principal Officer

EXECUTIVE DIRECTOR

Phone

6195797232

Tax Period

2023-07-01 to 2024-06-30

LITERACY FIRST CHARTER SCHOOLS, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $33.1M in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $29.3M left a modest 11% surplus.

Mission

OPERATION OF A PUBLIC CHARTER SCHOOL SERVING STUDENTS IN KINDERGARTEN THROUGH TWELFTH GRADE.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $32,087,908

Program Service Revenue $499,906

Investment Income $550,084

Other Revenue $-60,320

TOTAL REVENUE $33,077,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $21,425,293

Fundraising Expenses $0

Program Expenses $22,182,773

Other Expenses $7,893,699

TOTAL EXPENSES $29,318,992

Year-over-Year Comparison

	2023	2022	Change
Revenue	$33,077,578	$27,521,867	+0.2%
Expenses	$29,318,992	$26,363,875	+0.1%
Net Income	$3,758,586	$1,157,992	+2.2%

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

347

Volunteers

300

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

$654,842

Total Directors

Key Employees

$559,544

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRISCILLA SCHREIBER	PRESIDENT	2.00	Officer Director	$0	$0	$0
KATINA EVANS	VICE PRESIDENT	1.00	Director	$0	$0	$0
JASON LEWIS	SECRETARY	1.00	Director	$0	$0	$0
BARBARA JOHNSON	TRUSTEE	1.00	Director	$0	$0	$0
MATHEW SIMONE	TRUSTEE	1.00	Director	$0	$0	$0
DEBBIE BEYER	EXECUTIVE DIRECTOR	40.00	Officer	$337,819	$75,267	$413,086
STEVE ROBINSON	FINANCIAL OFFICER	40.00	Officer	$186,258	$55,498	$241,756
JAMIE ROBINSON	ASSISTANT PRINCIPAL	40.00	Key Emp	$180,819	$34,356	$215,175
VICTOR KEMPSEY	DEAN OF STUDENTS	40.00	Key Emp	$157,246	$29,877	$187,123
JUSTIN STINSON	ASSISTANT PRINCIPAL	40.00	Key Emp	$157,246	$0	$157,246
LINN DUNTON	ATHLETIC DIRECTOR	40.00	Highest	$158,395	$36,900	$195,295
TROY BEYER	SPED ADMINISTRATOR	40.00	Highest	$151,418	$53,697	$205,115
GAIL STROBEN	ASSISTANT PRINCIPAL	40.00	Highest	$147,103	$36,496	$183,599
DANIEL SANCHEZ	VICE PRINCIPAL OF STUDENT	40.00	Highest	$147,003	$48,040	$195,043
STACEY HARRELL	TEACHER	40.00	Highest	$149,368	$35,826	$185,194

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	$33,077,578	$29,318,992	$41,367,396	$3,758,586
2023	$27,521,867	$26,363,875	$38,387,691	$1,157,992
2022	$25,457,926	$22,799,979	$34,229,385	$2,657,947
2021	$23,446,904	$19,722,920	$29,290,072	$3,723,984
2020	$17,655,282	$18,454,976	$26,237,742	$-799,694
2019	$17,465,391	$17,168,981	$17,898,969	$296,410
2018	$16,219,818	$15,264,319	$17,661,087	$955,499

LITERACY FIRST CHARTER SCHOOLS