PACIFIC BUDDHIST ACADEMY (EIN 043660909) - 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

2002

Legal Domicile

Principal Officer

JOSH HERNANDEZ MORSE

Phone

8085322649

Tax Period

2023-07-01 to 2024-06-30

PACIFIC BUDDHIST ACADEMY, founded in 2002, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $2.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

DEVELOPING AND OPERATING A HIGH SCHOOL WITH AN ACADEMICALLY CHALLENGING CURRICULUM THAT IS ROOTED IN BUDDHIST VALUES AND THAT IS ACCREDITED, AFFORDABLE, SAFE, AND OPEN TO ALL.

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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 $307,391

Program Service Revenue $1,575,480

Investment Income $86,565

Other Revenue $89,004

TOTAL REVENUE $2,058,440

Expense Breakdown

Grants Paid $256,541

Salaries & Benefits $1,359,433

Fundraising Expenses $191,541

Program Expenses $1,716,804

Other Expenses $840,170

TOTAL EXPENSES $2,456,144

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,058,440	$2,167,801	-0.1%
Expenses	$2,456,144	$2,280,912	+0.1%
Net Income	$-397,704	$-113,111	+2.5%

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

$140,340

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EUGENE NISHIMURA	CHAIR	5.00	Officer Director	$0	$0	$0
SCOTT NISHIMOTO	SECRETARY	5.00	Officer Director	$0	$0	$0
JON TERAIZUMI	TREASURER	5.00	Officer Director	$0	$0	$0
CINDY ALM	TRUSTEE	2.00	Director	$0	$0	$0
SOPHIE HALLIDAY	TRUSTEE	2.00	Director	$0	$0	$0
REVEREND YUIKA HASEBE	TRUSTEE	2.00	Director	$0	$0	$0
CAROLE HAYASHINO	TRUSTEE	2.00	Director	$0	$0	$0
JAYMI LUKACS	TRUSTEE	2.00	Director	$0	$0	$0
BISHOP TOSHIYUKI UMITANI	TRUSTEE	2.00	Director	$0	$0	$0
DR WARREN TAMAMOTO	TRUSTEE	2.00	Director	$0	$0	$0
JOOANN YOSEMORI	TRUSTEE	2.00	Director	$0	$0	$0
JOSH HERNANDEZ MORSE	HEAD OF SCHOOL	40.00	Officer	$125,515	$14,825	$140,340

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
2024	$2,058,440	$2,456,144	$10,082,084	$-397,704
2023	$2,167,801	$2,280,912	$10,323,464	$-113,111
2022	$2,122,689	$2,276,242	$10,279,962	$-153,553
2021	$2,192,397	$2,149,088	$10,829,150	$43,309
2020	$1,950,768	$2,270,417	$10,663,192	$-319,649
2019	$1,738,491	$2,155,492	$10,812,970	$-417,001
2018	$1,448,195	$1,789,202	$11,186,537	$-341,007

PACIFIC BUDDHIST ACADEMY