Anonymous
Post 04/21/2023 09:25     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:A pattern of 990s in the red.


Not OP, but how do you find these for a school?


Google the name of the school and 990. Usually, ProPublica has them. Some religious affiliate schools may not have them though.


Thanks…found the listing on Guidestar, it says they don’t have the info because it’s a religious organization 🤷‍♀️
Anonymous
Post 04/21/2023 09:21     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:
Anonymous wrote:A pattern of 990s in the red.


Not OP, but how do you find these for a school?


Make an account on Guidestar.org
Anonymous
Post 04/21/2023 09:20     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:
Anonymous wrote:A pattern of 990s in the red.


Not OP, but how do you find these for a school?


Google the name of the school and 990. Usually, ProPublica has them. Some religious affiliate schools may not have them though.
Anonymous
Post 04/21/2023 09:01     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:-A single-sex school starts admitting students of the opposite sex

I’m trying to come up with an example of a single-sex school in the area that switched to coed, and coming up with nothing other than the merger of St. Stephens with St. Agnes to make SSSAS back in the 1990s, which obviously changed both schools but the result is going strong. Has this happened anywhere else?
Anonymous
Post 04/21/2023 09:00     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:I am looking at the 990 (2021, 2020) of my DC school. What am I looking for on the form?


Stability. You want to see the balance between assets and liabilities remaining constant and net assets growing with inflation
Anonymous
Post 04/21/2023 08:59     Subject: Re:What are signs a school is struggling or on the verge of closing
How do you interpret red Total Functional Expenses and Total Liabilities?
Anonymous
Post 04/21/2023 08:58     Subject: Re:What are signs a school is struggling or on the verge of closing
High faculty & staff turnover
Cutting extracurriculars
Anonymous
Post 04/21/2023 08:56     Subject: Re:What are signs a school is struggling or on the verge of closing
-A single-sex school starts admitting students of the opposite sex
-Buildings in decay
Anonymous
Post 04/21/2023 08:53     Subject: Re:What are signs a school is struggling or on the verge of closing
Anonymous wrote:A pattern of 990s in the red.


Not OP, but how do you find these for a school?
Anonymous
Post 04/21/2023 08:53     Subject: Re:What are signs a school is struggling or on the verge of closing
I am looking at the 990 (2021, 2020) of my DC school. What am I looking for on the form?
Anonymous
Post 04/21/2023 08:23     Subject: What are signs a school is struggling or on the verge of closing
Declining or suddenly low enrollment.

Look at the 990s and see if the spending on compensation is keeping up with inflation.

If they're keeping up with building maintenance.

Creep of charging parents for things that used to be included in tuition.
Anonymous
Post 04/21/2023 06:44     Subject: Re:What are signs a school is struggling or on the verge of closing
A pattern of 990s in the red.
Anonymous
Post 04/21/2023 06:37     Subject: What are signs a school is struggling or on the verge of closing
Low enrollment.
Anonymous
Post 04/21/2023 06:33     Subject: What are signs a school is struggling or on the verge of closing
Cancelling food service, asking parents to make donations to make payroll.
Anonymous
Post 04/21/2023 06:13     Subject: What are signs a school is struggling or on the verge of closing
My DC starting a Baltimore private in the fall and just wondering. Oldfields closing has me worried about the future of some privates in the area.