RICHARD MILBURN ACADEMYTEXAS INC (EIN 061585988) - 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

2000

Legal Domicile

Principal Officer

ARMARD ANDERSON

Phone

8305576181

Tax Period

2024-07-01 to 2025-06-30

RICHARD MILBURN ACADEMYTEXAS INC, founded in 2000, is a mid-sized nonprofit that reported $16.4M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

EMPOWERING STUDENTS TO GRADUATE, PREPARED TO EXCEED ALL EXPECTATIONS.

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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 $0

Program Service Revenue $16,426,449

Investment Income $18,049

Other Revenue $0

TOTAL REVENUE $16,444,498

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,297,658

Fundraising Expenses $0

Program Expenses $10,622,337

Other Expenses $6,031,603

TOTAL EXPENSES $16,329,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,444,498	$18,089,346	-0.1%
Expenses	$16,329,261	$18,018,749	-0.1%
Net Income	$115,237	$70,597	+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

276

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

$216,102

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ARMARD ANDERSON	SUPERINTENDE	40.00	Officer	$216,102	$0	$216,102
CARL TANTON	EXECUTIVE DI	40.00	Highest	$119,748	$0	$119,748
TAMMY PADILLA	CFO	40.00	Highest	$118,583	$0	$118,583
UNEEDA GIVENS	EXECUTIVE DI	40.00	Highest	$109,228	$0	$109,228
JULIUS BAYONE	VICE PRESIDE	N/A	Director	$0	$0	$0
MR ROBERT CLEMONS	PRESIDENT	N/A	Director	$0	$0	$0
MR DONALD NEMEC	SECRETARY	N/A	Director	$0	$0	$0
MIRZA PEARSON	BOARD MEMBER	N/A	Director	$0	$0	$0
MS ROSE THOMPSON	TREASURER	N/A	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	$16,444,498	$16,329,261	$26,826,286	$115,237
2024	$18,089,346	$18,018,749	$25,205,706	$70,597
2023	$17,755,930	$16,506,861	$23,849,488	$1,249,069
2022	$20,259,262	$17,715,186	$23,805,381	$2,544,076
2021	$17,499,287	$15,533,405	$21,680,189	$1,965,882
2020	$19,713,102	$18,338,271	$18,351,958	$1,374,831
2019	$18,793,478	$17,570,013	$15,675,843	$1,223,465
2018	$19,361,042	$17,667,073	$13,454,700	$1,693,969

RICHARD MILBURN ACADEMYTEXAS INC