GreatSchools Inc

🔒

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

1998

Legal Domicile

Principal Officer

John Palmer

Phone

5105605986

Tax Period

2023-01-01 to 2023-12-31

GreatSchools Inc, founded in 1998, is a community nonprofit in the Education sector that reported $9.1M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 16% operating margin.

Mission

Program Service Accomplishments

Program 1

Expenses: $5,970,181 Revenue: $2,150,518

GreatSchools is the leading nonprofit providing high-quality information that supports parents pursuing a great education for their child, schools striving for excellence, and communities working to diminish inequities in education.Over 45 million users visit our award-winning website each year to learn about schools in their area, explore research insights, and access thousands of free, evidence-based parenting resources to support their childs learning and well-being.We collect and analyze data from all 51 state departments of education and the federal government to provide analysis, insights, and school quality ratings for parents, partners, researchers, and policymakers.We provide parents and caregivers with trusted information and research-backed parenting guidance to make decisions about their childs education and advocate for high-quality learning opportunities.We empower education stakeholders with research and data insights to improve schools, with the goal of creating a more equitable future for all children.

🔒

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 $5,722,861

Program Service Revenue $2,150,518

Investment Income $94,058

Other Revenue $1,103,999

TOTAL REVENUE $9,071,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,105,371

Fundraising Expenses $548,056

Program Expenses $5,970,181

Other Expenses $1,519,292

TOTAL EXPENSES $7,624,663

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,071,436	$6,319,120	+0.4%
Expenses	$7,624,663	$7,570,980	+0.0%
Net Income	$1,446,773	$-1,251,860	-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

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

$355,573

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jonathan Deane	CEO	40.00	Officer	$303,437	$52,136	$355,573
Elliot Beaudoin	Chief Product Off.	40.00		$201,623	$29,605	$231,228
Anthony Roy	VP, Engineering	40.00		$169,882	$49,996	$219,878
Gregory Becker	Sr. Software Engin	40.00		$144,396	$57,212	$201,608
Carol Lloyd	VP, Editorial Dir	40.00		$166,318	$23,392	$189,710
Mohammad Afridi	Sr. Software Engin	40.00		$163,580	$15,373	$178,953
Alma Marquez	Director	1.00	Director	$0	$0	$0
Parisa Rouhani	Vice Chair	1.00	Officer Director	$0	$0	$0
John Palmer	Chairman	2.00	Officer Director	$0	$0	$0
Melissa Steel King	Secretary	1.00	Officer Director	$0	$0	$0
My Le Nguyen	Director	1.00	Director	$0	$0	$0
Mark R Poff	Director	1.00	Director	$0	$0	$0
Dana Foster Chery	Director	1.00	Director	$0	$0	$0
Chris Stewart	Director	1.00	Director	$0	$0	$0
Peter Cunningham	Director	1.00	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
2024	No data	No data	No data	No data
2023	$9,071,436	$7,624,663	$7,842,825	$1,446,773
2022	$6,319,120	$7,570,980	$6,359,794	$-1,251,860
2021	$7,265,817	$6,650,794	$7,609,862	$615,023
2020	$8,153,549	$6,301,855	$7,007,983	$1,851,694
2019	$5,819,900	$6,609,608	$4,871,055	$-789,708
2018	$7,238,925	$7,084,587	$5,771,752	$154,338