Discovery Language Academy Inc (EIN 042725417) - 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

1979

Legal Domicile

Principal Officer

Stephen Ferreira

Tax Period

2023-07-01 to 2024-06-30

Discovery Language Academy Inc, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $326K in total revenue in fiscal year 2023.

Mission

Provide skill development and training opportunities in the areas of language acquisition, cultural understanding, and career education to achieve personal, professional, and vocational goals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $156,679

Program Service Revenue $168,329

Investment Income $10

Other Revenue $711

TOTAL REVENUE $325,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $237,530

Fundraising Expenses $21,535

Program Expenses $236,253

Other Expenses $95,884

TOTAL EXPENSES $333,414

Year-over-Year Comparison

	2023	2022	Change
Revenue	$325,729	$330,905	0.0%
Expenses	$333,414	$316,577	+0.1%
Net Income	$-7,685	$14,328	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Judite Francisco-Soares	Director	1.00	Director	$0	$0	$0
Lilly Fagundes	Director	1.00	Director	$0	$0	$0
Jimmy Costa	Director	0.50	Director	$0	$0	$0
Diane Lopes	Director	0.50	Director	$0	$0	$0
Kathy Tsonis	Director	0.50	Director	$0	$0	$0
Delia DeMello	Director	2.00	Director	$0	$0	$0
Carlos Pinhancos	Director	0.50	Director	$0	$0	$0
Lucilia Amaral	Director	0.50	Director	$0	$0	$0
Dr Maria Gloria de Sa	Director	0.50	Director	$0	$0	$0
Michael Tavares	Vice-President	0.50	Officer Director	$0	$0	$0
Stephen Ferreira	Board President	2.00	Officer Director	$0	$0	$0
Lou Matos	Treasurer	1.00	Officer Director	$0	$0	$0
Danny Alberto	Vice President	1.00	Officer Director	$0	$0	$0
Jennifer Pinto	Secretary	1.00	Officer Director	$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
2025	No data	No data	No data	No data
2024	$325,729	$333,414	$397,937	$-7,685
2023	$330,905	$316,577	$398,183	$14,328
2022	$418,987	$266,133	$250,521	$152,854

Discovery Language Academy Inc