Pacific Friends School

EIN: 951782326 501(c)(3) Education

Temple City, CA

Total Revenue
$571,076
Total Expenses
$474,359
Total Assets
$615,841
Net Assets
$615,841
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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
1942
Legal Domicile
CA
Principal Officer
Steve Parness
Tax Period
2019-01-01 to 2019-12-31

Pacific Friends School, founded in 1942, is a small nonprofit in the Education sector that reported $571K in total revenue in fiscal year 2019. The organization ran a surplus of $97K, a strong 17% operating margin.

Mission

Pacific Friends School operates a preschool and provides before and after school activities and care for children of school age.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $531,814
Investment Income $39,262
Other Revenue $0
TOTAL REVENUE $571,076

Expense Breakdown

Grants Paid $1,350
Salaries & Benefits $377,945
Fundraising Expenses $0
Program Expenses $362,112
Other Expenses $95,064
TOTAL EXPENSES $474,359

Year-over-Year Comparison

2019 2018 Change
Revenue $571,076 $544,951 +0.0%
Expenses $474,359 $490,512 0.0%
Net Income $96,717 $54,439 +0.8%
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

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Governance

Voting Members
3
Independent Members
1
Employees
16
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
5
$75,600
Total Directors
5
$75,600
Key Employees
1
$75,600
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kellie McKinley Director 40.00
Officer Director Key Emp Highest
$75,600 $0 $75,600
Steve Parness President 3.00
Officer Director
$0 $0 $0
Sally Handforth Treasurer 3.00
Officer Director
$0 $0 $0
Laura Olmos-Subia Secretary 3.00
Officer Director
$0 $0 $0
Shawn Spurney Vice President 3.00
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
2019 $571,076 $474,359 $615,841 $96,717
2018 $544,951 $490,512 $539,156 $54,439
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