PASADENA CHRISTIAN SCHOOL

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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

1948

Legal Domicile

Principal Officer

KYLE PATERIK

Phone

6267911214

Tax Period

2024-06-01 to 2025-05-31

PASADENA CHRISTIAN SCHOOL, founded in 1948, is a community nonprofit in the Education sector that reported $9.4M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE PRIMARY MISSION OF THE SCHOOL IS TO PROVIDE ITS STUDENTS WITH THE ACADEMIC TRAINING AND SPIRITUAL NURTURE NEEDED TO BECOME MEN AND WOMEN WHO ARE WORTHY REPRESENTATIVES OF OUR LORD JESUS CHRIST.

Program Service Accomplishments

Program 1

Expenses: $7,671,184

WORKING TOGETHER WITH THE FAMILY AND LOCAL CHURCH, THE SCHOOL SEEKS TO PROVIDE STUDENTS WITH THE FOUNDATION NECESSARY TO BECOME PEOPLE WHOSE LIVES REFLECT AN UNCOMPROMISING COMMITMENT TO CHRIST, WHO ARE PEOPLE OF THE UNQUESTIONED INTEGRITY, AND WHO PURSUE EXCELLENCE IN WHATEVER THEY DO. THE SCHOOL ENSURES THAT THE SALVATION MESSAGE IS PRESENTED TO AND UNDERSTOOD BY EACH CHILD. THIS EDUCATION PROVIDES THE FOUNDATION UPON WHICH FUTURE CHRISTIAN SERVICE AND MINISTRY IS BUILT.

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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 $150,676

Program Service Revenue $6,386,579

Investment Income $155,656

Other Revenue $2,673,765

TOTAL REVENUE $9,366,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,172,603

Fundraising Expenses $55,932

Program Expenses $7,671,184

Other Expenses $4,026,026

TOTAL EXPENSES $9,198,629

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,366,676	$8,445,434	+0.1%
Expenses	$9,198,629	$6,597,166	+0.4%
Net Income	$168,047	$1,848,268	-0.9%

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

140

Volunteers

120

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
PAULINE TCHARKHOUTIAN	PRINCIPAL	1.00	Director	$0	$0	$0
KYLE PATERIK	President	1.00	Officer Director	$0	$0	$0
KELLY ARBIAS	Vice President	1.00	Officer Director	$0	$0	$0
HERBERT J CALLAHAM	Treasurer	1.00	Officer Director	$0	$0	$0
ALGELA LEE	Secretary	1.00	Officer Director	$0	$0	$0
NATALIE BLACKWAY	MEMBER	1.00	Director	$0	$0	$0
ARCHIE CHIN	MEMBER	1.00	Director	$0	$0	$0
MICHELLE HARVEY	MEMBER	1.00	Director	$0	$0	$0
ROSE PARK	MEMBER	1.00	Director	$0	$0	$0
KAREN SULAHIAN	MEMBER	1.00	Director	$0	$0	$0
PAULINE TCHARKHOUTIAN	PRINCIPAL	40.00		$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	$9,366,676	$9,198,629	$10,903,708	$168,047
2024	$8,445,434	$6,597,166	$10,243,075	$1,848,268
2023	$6,645,314	$6,692,455	$8,485,051	$-47,141
2022	$8,214,413	$6,630,758	$8,186,367	$1,583,655
2021	$5,752,452	$6,480,341	$8,323,776	$-727,889
2020	$6,906,350	$7,195,306	$7,301,799	$-288,956
2019	$7,386,867	$7,234,873	$7,795,148	$151,994
2018	$7,185,506	$7,126,730	$7,672,889	$58,776