THE AMERICAN SCHOOL OF TANGIER

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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

1951

Legal Domicile

Principal Officer

LARRY A KARDON

Phone

4844677659

Tax Period

2019-09-01 to 2020-08-31

THE AMERICAN SCHOOL OF TANGIER, founded in 1951, is a community nonprofit in the Education sector that reported $8.2M in total revenue in fiscal year 2019. Revenue decreased 5% compared to the prior year.

Mission

THE MISSION OF THE SCHOOL IS TO INSPIRE ALL STUDENTS TO BECOME RESPONSIBLE GLOBAL CITIZENS THROUGH AMBITIOUS ACADEMIC AND SOCIAL DEVELOPMENT

Program Service Accomplishments

Program 1

Expenses: $8,315,371 Revenue: $7,998,630

OPERATION OF TWO SCHOOLS IN MOROCCO

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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 (2019)

Revenue Breakdown

Contributions & Grants $168,498

Program Service Revenue $7,963,224

Investment Income $35,406

Other Revenue $-8,300

TOTAL REVENUE $8,158,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,446,242

Fundraising Expenses $0

Program Expenses $8,315,371

Other Expenses $1,869,129

TOTAL EXPENSES $8,315,371

Year-over-Year Comparison

	2019	2018	Change
Revenue	$8,158,828	$8,610,733	-0.1%
Expenses	$8,315,371	$8,643,701	0.0%
Net Income	$-156,543	$-32,968	+3.7%

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

N/A

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
JOSE ABETE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
JOHN DAVISON	BOARD MEMBER	1.00	Director	$0	$0	$0
MADISON COX	VICE CHAIR	5.00	Officer Director	$0	$0	$0
JULIANNE FURMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ALI BEN ABDESLAM	BOARD MEMBER AUDIT COMMITT	1.00	Director	$0	$0	$0
QUITO FIERRO	TRUSTEE	1.00	Director	$0	$0	$0
SEAN GULLETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY A KARDON	CO-CHAIR	10.00	Officer Director	$0	$0	$0
CHRISTINA KARDON	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID KNAUS	BOARD MEMBER	1.00	Director	$0	$0	$0
AZIZ MEKOUAR	BOARD MEMBER	1.00	Director	$0	$0	$0
RICHARD SCHUHMANN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH STRINGER	BOARD MEMBER	1.00	Director	$0	$0	$0
EDWARD M GADRIEL	CO-CHAIR	10.00	Officer Director	$0	$0	$0
JAMIE CREEL	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN LEIGH GUYER	TRUSTEE	1.00	Director	$0	$0	$0
JOHN MAGAGNA	TRUSTEE	1.00	Director	$0	$0	$0
MOHAMED LAMRANI	CHAIRMAN OF TANGIER EXECUT	1.00	Director	$0	$0	$0
YAHYA ROUACH	CHAIRMAN OF MARRAKECH EXEC	1.00	Director	$0	$0	$0
AZIZ BIDAH	BOARD MEMBER	1.00	Director	$0	$0	$0
PHILIP JENKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
MOHAMMED KADROUCH	BOARD MEMBER	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2020	$8,158,828	$8,315,371	$9,068,629	$-156,543
2019	$8,610,733	$8,643,701	$9,114,968	$-32,968
2018	$8,046,116	$8,111,756	$8,971,702	$-65,640