MOUND STREET ACADEMIES

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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

2002

Legal Domicile

Principal Officer

GARY LEROY

Phone

6148378945

Tax Period

2019-07-01 to 2020-06-30

MOUND STREET ACADEMIES, founded in 2002, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2019. Expenses of $2.5M exceeded revenue, resulting in a 27% operating deficit.

Mission

To nuture and inspire students who are at risk of dropping out through self-paced education to achieve academic success, to establish career goals, and to acquire 21st century skills.

Program Service Accomplishments

Program 1

Expenses: $2,320,105 Revenue: $1,249,448

Educate high school students in Montgomery County who are at risk of dropping out.

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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 $1,816,204

Program Service Revenue $87,265

Investment Income $29,860

Other Revenue $0

TOTAL REVENUE $1,933,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,670,971

Fundraising Expenses $0

Program Expenses $2,320,105

Other Expenses $788,189

TOTAL EXPENSES $2,459,160

Year-over-Year Comparison

	2019	2018	Change
Revenue	$1,933,329	$1,962,266	0.0%
Expenses	$2,459,160	$1,862,988	+0.3%
Net Income	$-525,831	$99,278	-6.3%

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

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

$116,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK POORE	SUPERINTENDENT	40.00	Director	$116,115	$0	$116,115
CATHY PONITZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE LISS-KATZ	BOARD MEMBER	1.00	Director	$0	$0	$0
KARLA GARRETT-HARSHAW	BOARD MEMBER	1.00	Director	$0	$0	$0
RONALD BUDZIK	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL GAINES	BOARD MEMBER	1.00	Director	$0	$0	$0
WILLIAM GILLISPIE	Vice President	1.00	Officer	$0	$0	$0
GARY LEROY	President	1.00	Officer	$0	$0	$0
CHAD HILL	Treasurer	30.00	Officer	$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
2020	$1,933,329	$2,459,160	$2,936,334	$-525,831
2020	$711,755	$2,550,946	No data	$-1,839,191
2018	$540,693	$490,269	$873,325	$50,424