MOTHER CAROLINE ACADEMY & EDUCATION CENTER (EIN 043163180) - 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

1992

Legal Domicile

Principal Officer

ESSENCE LEE SOUFFRANT

Phone

6174271177

Tax Period

2024-07-01 to 2025-06-30

MOTHER CAROLINE ACADEMY & EDUCATION CENTER, founded in 1992, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Net assets of $14.6M represent 65 months of operating reserves.

Mission

*REFER TO SCHEDULE O, PAGE 46MOTHER CAROLINE ACADEMY AND EDUCATION CENTER NURTURES, INSPIRES AND EMPOWERS STUDENTS AND FAMILIES TO ACHIEVE SUCCESS THROUGH EDUCATION.

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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 $2,186,625

Program Service Revenue $26,805

Investment Income $516,374

Other Revenue $-20,475

TOTAL REVENUE $2,709,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,657,077

Fundraising Expenses $441,974

Program Expenses $1,957,796

Other Expenses $1,276,199

TOTAL EXPENSES $2,933,276

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,709,329	$2,227,766	+0.2%
Expenses	$2,933,276	$2,752,009	+0.1%
Net Income	$-223,947	$-524,243	-0.6%

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
ESSENCE LEE SOUFFRANT	CHAIR, TRUSTEE	2.00	Officer Director	$0	$0	$0
MATTHEW ENGLER	TREASURER, TRUSTEE	2.00	Officer Director	$0	$0	$0
RANDI INGERMAN	CLERK, TRUSTEE	2.00	Officer Director	$0	$0	$0
MIRIAM ALVES	TRUSTEE	2.00	Director	$0	$0	$0
SHAMIKHAH BAKER	TRUSTEE	2.00	Director	$0	$0	$0
LAURIE BEVIER	TRUSTEE	2.00	Director	$0	$0	$0
DR TOM BURKE	TRUSTEE	2.00	Director	$0	$0	$0
LINDA CHAVES	TRUSTEE	2.00	Director	$0	$0	$0
ANNYA HAUGHTON-WASHBURN	TRUSTEE	2.00	Director	$0	$0	$0
RAINA JACQUES	TRUSTEE	2.00	Director	$0	$0	$0
REGINE MICHELLE JEAN-CHARLES PHD	TRUSTEE	2.00	Director	$0	$0	$0
IZABELA LEAHY	TRUSTEE	2.00	Director	$0	$0	$0
ELLEN SEGAL	TRUSTEE	2.00	Director	$0	$0	$0
MEG TALLON	TRUSTEE	2.00	Director	$0	$0	$0
SR FRANCES BUTLER	TRUSTEE, EX-OFFICIO	1.00	Director	$0	$0	$0
FR GERALD OSTERMAN	TRUSTEE, EX-OFFICIO	1.00	Director	$0	$0	$0
MARIE LOUISE GREENIDGE	DIRECTOR OF DEVELOPMENT	40.00	Highest	$171,372	$3,623	$174,995

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	$2,709,329	$2,933,276	$14,775,422	$-223,947
2024	$2,227,766	$2,752,009	$14,159,087	$-524,243
2023	$2,140,528	$2,448,236	$13,517,158	$-307,708
2022	$2,588,912	$2,285,232	$12,675,822	$303,680
2021	$1,523,048	$2,243,997	$15,115,853	$-720,949
2020	$2,929,617	$2,077,368	$12,892,024	$852,249
2019	$2,303,530	$2,268,419	$12,146,160	$35,111
2018	$1,704,830	$2,426,174	$12,638,046	$-721,344

MOTHER CAROLINE ACADEMY & EDUCATION CENTER