Crossroads Academy (EIN 020451454) - Form 990 Financial Analysis & Trantor Score

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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

1991

Legal Domicile

Principal Officer

Daniel Morrissey

Phone

6037953111

Tax Period

2024-07-01 to 2025-06-30

Crossroads Academy, founded in 1991, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $10.9M represent 35 months of operating reserves.

Mission

A coeducational day school focused on the "Core Knowledge and "Core Virtues" curricula.

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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 $624,620

Program Service Revenue $3,008,362

Investment Income $92,410

Other Revenue $3,000

TOTAL REVENUE $3,728,392

Expense Breakdown

Grants Paid $328,204

Salaries & Benefits $2,469,553

Fundraising Expenses $50,475

Program Expenses $2,631,005

Other Expenses $1,077,182

TOTAL EXPENSES $3,874,939

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,728,392	$3,018,134	+0.2%
Expenses	$3,874,939	$3,712,207	+0.0%
Net Income	$-146,547	$-694,073	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$223,113

Total Directors

$223,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Morrissey	Head of School	60.00	Officer Director	$177,675	$45,438	$223,113
Emmanuel Ajavon	Trustee	1.00	Director	$0	$0	$0
Kate Bulthuis	Trustee	1.00	Director	$0	$0	$0
David Kahn	Trustee	1.00	Director	$0	$0	$0
Deb Hoffer	Trustee	1.00	Director	$0	$0	$0
Sara Lang	Trustee	1.00	Director	$0	$0	$0
Kristofor Langetieg	Trustee	1.00	Director	$0	$0	$0
Lindsey Leininger	Trustee	1.00	Director	$0	$0	$0
Dana Metes	Trustee	1.00	Director	$0	$0	$0
Harker Rhodes IV	Trustee	1.00	Director	$0	$0	$0
Nick Russell	Trustee	1.00	Director	$0	$0	$0
Missy Smith	Trustee	1.00	Director	$0	$0	$0
Jessica Stauth	Trustee	1.00	Director	$0	$0	$0
Posie Taylor	Trustee	1.00	Director	$0	$0	$0
Betsy Warren	Trustee	1.00	Director	$0	$0	$0
Mike Barton	President	1.00	Officer Director	$0	$0	$0
Julianne Mann	Vice President	1.00	Officer Director	$0	$0	$0
Dan Weinstein	Treasurer	1.00	Officer Director	$0	$0	$0
Sarah Greer	Secretary	1.00	Officer Director	$0	$0	$0
Holly Gardner	Asst. Head of School, Academics	40.00	Highest	$102,132	$25,584	$127,716
Katie Wardrop	Asst. Head of School, Ext. Affairs	40.00	Highest	$109,773	$9,909	$119,682

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	$3,728,392	$3,874,939	$11,866,561	$-146,547
2024	$3,018,134	$3,712,207	$12,374,152	$-694,073
2023	$2,910,029	$3,516,741	$12,888,057	$-606,712
2022	$2,944,228	$3,237,304	$13,900,785	$-293,076
2021	$6,963,120	$2,926,227	$15,162,418	$4,036,893
2020	$3,298,384	$2,489,753	$9,408,472	$808,631
2019	$2,597,960	$2,573,081	$8,448,440	$24,879

Crossroads Academy