JUMOKE ACADEMY INC

EIN: 061488572 501(c)(3) Education

HARTFORD, CT

Total Revenue
$10,770,088
Total Expenses
$11,239,275
Total Assets
$9,718,710
Net Assets
$5,912,960
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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
1997
Legal Domicile
CT
Principal Officer
SHERYL DELOSO
Phone
8605270575
Tax Period
2024-07-01 to 2025-06-30

JUMOKE ACADEMY INC, founded in 1997, is a mid-sized nonprofit in the Education sector that reported $10.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO PREPARE CHILDREN TO COMPETE IN THE GLOBAL MARKETPLACE EVEN AS THEY FACE ECONOMIC AND SOCIAL CHALLENGES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,284,315
Program Service Revenue $8,434,583
Investment Income $2,839
Other Revenue $48,351
TOTAL REVENUE $10,770,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,291,725
Fundraising Expenses $0
Program Expenses $9,079,587
Other Expenses $3,947,550
TOTAL EXPENSES $11,239,275

Year-over-Year Comparison

2024 2023 Change
Revenue $10,770,088 $11,527,645 -0.1%
Expenses $11,239,275 $11,334,141 0.0%
Net Income $-469,187 $193,504 -3.4%
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

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Governance

Voting Members
11
Independent Members
11
Employees
153
Volunteers
N/A

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
4
$185,574
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LETICIA ACOSTA BOARD MEMBER 1.00
Director
$0 $0 $0
SONSERAE CICERO BOARD MEMBER 1.00
Director
$0 $0 $0
SAM GRAY BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JANELLE LESTER BOARD MEMBER 1.00
Director
$0 $0 $0
KERWIN R LOW BOARD MEMBER 1.00
Director
$0 $0 $0
VERA SMITH-WINFREE BOARD MEMBER 1.00
Director
$0 $0 $0
MYRON STEWART BOARD TREASURER 1.00
Officer Director
$0 $0 $0
GEORGE SUTHERLAND BOARD MEMBER 1.00
Director
$0 $0 $0
SUZETTE DEBEATHEM-BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
RODNEY NEDD BOARD MEMBER 1.00
Director
$0 $0 $0
ORLANDO LAWRENCE BOARD MEMBER 1.00
Director
$0 $0 $0
TROY MONROE CEO & SUPREINTENDENT 37.50
Officer
$180,574 $5,000 $185,574
SHERYL DELOSO DIRECTOR OF FINANCE 37.50
Officer
$0 $0 $0
MARIE M GORDON HALL PRINCIPAL 37.50
Highest
$117,017 $0 $117,017
LATOYA JOHNSON PRINCIPAL 37.50
Highest
$103,835 $0 $103,835
KADIAN WILSON INSTRUCTIONAL COACH 37.50
Highest
$105,233 $0 $105,233
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 $10,770,088 $11,239,275 $9,718,710 $-469,187
2024 $11,527,645 $11,334,141 $10,510,728 $193,504
2023 $9,792,490 $9,606,558 $10,966,564 $185,932
2022 $11,059,232 $10,013,914 $8,911,032 $1,045,318
2021 $11,046,484 $9,787,379 $8,246,246 $1,259,105
2020 $9,733,026 $9,412,240 $8,217,607 $320,786
2019 $9,063,932 $9,278,839 $6,450,830 $-214,907
2018 $9,046,391 $9,250,363 $6,496,005 $-203,972
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