CHANCE ACADEMY (EIN 134361892) - 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

2007

Legal Domicile

Principal Officer

ANNA BERNANKE

Phone

2407462550

Tax Period

2023-09-01 to 2024-08-31

CHANCE ACADEMY, founded in 2007, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE MISSION OF CHANCE ACADEMY IS TO BE AN EDUCATIONAL COMMUNITY THAT SERVES AS A CENTER FOR LEARNING FOR STUDENTS AND THEIR FAMILIES AND FOSTERS ENVIRONMENTAL STEWARDSHIP, WELLNESS, PEACE-BUILDING, CULTURAL LITERACY, AND COMMUNITY AND BELONGING.

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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 $1,359,078

Program Service Revenue $51,184

Investment Income $3,931

Other Revenue $1,047

TOTAL REVENUE $1,415,240

Expense Breakdown

Grants Paid $15,678

Salaries & Benefits $1,179,955

Fundraising Expenses $36,000

Program Expenses $1,261,199

Other Expenses $340,630

TOTAL EXPENSES $1,572,263

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,415,240	$995,828	+0.4%
Expenses	$1,572,263	$1,677,119	-0.1%
Net Income	$-157,023	$-681,291	-0.8%

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
ANNA BERNANKE	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
MAIA FALCONI-SACHS	PRESIDENT	0.50	Officer Director	$0	$0	$0
CELESTE NUNEZ	SECRETARY	0.50	Officer Director	$0	$0	$0
MILDRED MUSGROVE	TREASURER	0.50	Officer Director	$0	$0	$0
ROSALIA GH MILLER	DIRECTOR	0.50	Director	$0	$0	$0
CASEY RONCORONI	DIRECTOR	0.50	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
2024	$1,415,240	$1,572,263	$800,160	$-157,023
2023	$995,828	$1,677,119	$1,223,040	$-681,291
2022	$1,663,380	$1,475,816	$1,559,693	$187,564
2021	$2,306,904	$1,076,814	$1,361,684	$1,230,090
2020	$926,515	$913,580	$118,636	$12,935
2019	$629,336	$831,201	$91,375	$-201,865
2018	$850,693	$722,508	$290,784	$128,185

CHANCE ACADEMY