Christel House Academy Inc (EIN 020550824) - 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

2001

Legal Domicile

Phone

3177834690

Tax Period

2024-07-01 to 2025-06-30

Christel House Academy Inc, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $31.9M in total revenue in fiscal year 2024. Expenses of $29.1M left a modest 9% surplus.

Mission

CHRISTEL HOUSE SCHOOLS is a network of public charter schools in Indianapolis whose objective is to offer a transformational and high quality educational experience for an impoverished urban population.

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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 $29,946,887

Program Service Revenue $1,632,435

Investment Income $328,406

Other Revenue $0

TOTAL REVENUE $31,907,728

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,252,847

Fundraising Expenses $0

Program Expenses $28,041,985

Other Expenses $8,831,180

TOTAL EXPENSES $29,084,027

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,907,728	$32,866,945	0.0%
Expenses	$29,084,027	$28,495,703	+0.0%
Net Income	$2,823,701	$4,371,242	-0.4%

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

352

Volunteers

300

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

$879,898

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERKSHIRE LACEY M	BOARD SECRETARY	1.0	Officer Director	$0	$0	$0
OSBORN STEVE	BOARD CHAIR	1.0	Officer Director	$0	$0	$0
PULLIAM JASON	BOARD TREASURER	1.0	Officer Director	$0	$0	$0
FALCON FERNANDO	DIRECTOR (UNTIL 12/31/24)	1.0	Director	$0	$0	$0
HARRIS DAVID E	DIRECTOR (AS OF 12/13/24)	1.0	Director	$0	$0	$0
HARRISON LOGAN	DIRECTOR	1.0	Director	$0	$0	$0
LILIEN JASON	DIRECTOR (UNTIL 8/4/2024)	1.0	Director	$0	$0	$0
MACARENHAS WILFRED	DIRECTOR	1.0	Director	$0	$0	$0
MOOREHEAD JULIE	DIRECTOR	1.0	Director	$0	$0	$0
OHRN NICHOLAS A	DIRECTOR	1.0	Director	$0	$0	$0
PARCHMAN COREY	DIRECTOR	1.0	Director	$0	$0	$0
PETERSON BART	DIRECTOR (UNTIL 8/31/2024)	1.0	Director	$0	$0	$0
RASHIDFOROKHI CAROLINA MELEAN	DIRECTOR	1.0	Director	$0	$0	$0
RICHARDSON BRYAN	DIRECTOR	1.0	Director	$0	$0	$0
RIVERA MARTINEZ VICTOR M	DIRECTOR	1.0	Director	$0	$0	$0
SCOTT DANIEL	DIRECTOR (AS OF 12/13/24)	1.0	Director	$0	$0	$0
SEYMOUR TINA	DIRECTOR (AS OF 12/13/24)	1.0	Director	$0	$0	$0
BERRY TARRELL	CHIEF STRATEGY OFFICER	40.0	Officer	$141,253	$14,409	$155,662
MASENGALE EMILY	CEO/BOARD PRESIDENT-NO VOTING RIGHTS	40.0	Officer	$307,468	$55,890	$363,358
STONE SUMMER	CHIEF FINANCIAL OFFICER	40.0	Officer	$124,272	$36,693	$160,965
WESTERMAN TRACY	CHIEF ACADEMIC OFFICER	40.0	Officer	$172,309	$27,604	$199,913
DAVIS RONNISHA E	PRINCIPAL	40.0	Highest	$109,610	$26,744	$136,354
PARQUET ERIC S	PRINCIPAL	40.0	Highest	$152,240	$14,678	$166,918
PITTMAN VICTORIA P	PRINCIPAL	40.0	Highest	$149,374	$32,357	$181,731
REYNOLDS JENNY	PRINCIPAL (UNTIL APRIL 2024)	40.0	Highest	$123,026	$12,303	$135,329
SOPKO TIMOTHY R	DIRECTOR OF OPERATIONS	40.0	Highest	$123,859	$20,989	$144,848

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	$31,907,728	$29,084,027	$29,058,809	$2,823,701
2024	No data	No data	No data	No data
2023	$28,804,889	$27,635,685	$30,071,036	$1,169,204
2022	$33,476,548	$26,907,632	$18,804,577	$6,568,916
2021	$29,066,462	$23,110,996	$13,789,684	$5,955,466
2020	$19,219,885	$18,972,922	$7,946,837	$246,963
2019	$17,693,460	$17,078,783	$5,484,430	$614,677
2018	$16,173,058	$15,587,076	$4,270,781	$585,982

Christel House Academy Inc