THE SHARON ACADEMY (EIN 030350587) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

MARY NEWMAN

Phone

8027632500

Tax Period

2023-07-01 to 2024-06-30

THE SHARON ACADEMY, founded in 1996, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

EDUCATION GRADES 7-12

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $190,102

Program Service Revenue $2,883,263

Investment Income $39,819

Other Revenue $0

TOTAL REVENUE $3,113,184

Expense Breakdown

Grants Paid $84,175

Salaries & Benefits $2,409,101

Fundraising Expenses $64,831

Program Expenses $2,720,028

Other Expenses $895,764

TOTAL EXPENSES $3,389,040

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,113,184	$3,386,914	-0.1%
Expenses	$3,389,040	$3,097,835	+0.1%
Net Income	$-275,856	$289,079	-2.0%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

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

$125,258

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANYA SWETT	PRESIDENT	5.00	Officer Director	$0	$0	$0
PHILIP LAPP	TREASURER	1.00	Officer Director	$0	$0	$0
DEE GISH	SECRETARY	1.00	Officer Director	$0	$0	$0
TULIO BROWNING	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
KYLIE EASTMAN	TRUSTEE	1.00	Director	$0	$0	$0
STEPHEN FARRINGTON	TRUSTEE	1.00	Director	$0	$0	$0
JULIE GROPPE	TRUSTEE	1.00	Director	$0	$0	$0
ERIK SKARSTEN	TRUSTEE	1.00	Director	$0	$0	$0
CORA SWANBERG	TRUSTEE	1.00	Director	$0	$0	$0
GRAY MIRANDA	TRUSTEE	1.00	Director	$0	$0	$0
KATYE REED	TRUSTEE	1.00	Director	$0	$0	$0
MARY NEWMAN	HEAD OF SCHOOL	60.00	Officer	$102,702	$22,556	$125,258

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	$3,113,184	$3,389,040	$4,902,855	$-275,856
2023	$3,386,914	$3,097,835	$5,149,132	$289,079
2022	$3,221,353	$2,958,455	$4,759,677	$262,898
2021	$4,053,018	$2,902,983	$4,760,404	$1,150,035
2021	$3,709,912	$2,902,983	$4,760,404	$806,929
2020	$2,963,467	$3,039,873	$4,274,782	$-76,406
2019	$3,209,764	$3,121,251	$4,161,102	$88,513
2018	$3,176,253	$2,879,505	$4,078,890	$296,748

THE SHARON ACADEMY