East Lake Academy (EIN 043619566) - 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

Principal Officer

Daniel Christoffel

Phone

8472470035

Tax Period

2024-07-01 to 2025-06-30

East Lake Academy, founded in 2001, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE CATHOLIC ELEMENTARY EDUCATION TO STUDENTS IN THE LAKE FOREST, ILLINOIS AREA.

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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 $651,402

Program Service Revenue $1,101,154

Investment Income $2,367

Other Revenue $203,246

TOTAL REVENUE $1,958,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,400,417

Fundraising Expenses $12,351

Program Expenses $1,944,380

Other Expenses $638,102

TOTAL EXPENSES $2,038,519

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,958,169	$1,967,997	0.0%
Expenses	$2,038,519	$1,912,363	+0.1%
Net Income	$-80,350	$55,634	-2.4%

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

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
JOHN CALK	President	6.00	Officer Director	$0	$0	$0
Daniel Christoffel	Treasurer	6.00	Officer Director	$0	$0	$0
JOHN MURPHY	Director	1.00	Director	$0	$0	$0
JON BUDKE	Director	1.00	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	$1,958,169	$2,038,519	$4,563,965	$-80,350
2024	$1,967,997	$1,912,363	$4,639,253	$55,634
2023	$1,713,257	$1,810,248	$4,678,956	$-96,991
2022	$1,895,290	$1,682,395	$4,873,575	$212,895
2021	$2,433,189	$1,654,520	$4,746,636	$778,669
2020	$1,879,050	$1,635,056	$4,576,402	$243,994
2019	$1,564,955	$1,543,403	$3,875,712	$21,552
2018	$1,376,391	$1,454,250	$3,924,174	$-77,859

East Lake Academy