EXPLORATIONS PREPARATORY SCHOOL (EIN 161639676) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Phone

9725390601

Tax Period

2022-01-01 to 2022-12-31

EXPLORATIONS PREPARATORY SCHOOL, founded in 2002, is a small nonprofit that reported $893K in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. Expenses of $843K left a modest 6% surplus.

Mission

EXPLORATIONS PREPARATORY SCHOOL IS A SACS-CASI ACCREDITED, PRIVATE SCHOOL IN LEWISVILLE, TX SERVING STUDENTS FROM PRE-K THROUGH 6TH GRADE USING AN INNOVATIVE AND CHALLENGING THEME-BASED SCIENCE AND MATH CENTERED CURRICULUM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $28,217

Program Service Revenue $864,327

Investment Income $20

Other Revenue $0

TOTAL REVENUE $892,564

Expense Breakdown

Grants Paid $0

Salaries & Benefits $618,819

Fundraising Expenses $0

Program Expenses $843,455

Other Expenses $224,636

TOTAL EXPENSES $843,455

Year-over-Year Comparison

	2022	2021	Change
Revenue	$892,564	$1,057,923	-0.2%
Expenses	$843,455	$781,855	+0.1%
Net Income	$49,109	$276,068	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

$63,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEANA JULLIE	Asst. Principal	45.00	Director	$63,000	$0	$63,000
CAROLYN MURTOFF HART	PRINCIPAL	2.00	Director	$0	$0	$0
Amir Mesgar	Director	2.00	Director	$0	$0	$0
Tomi Akingbade	Director	2.00	Director	$0	$0	$0
Jurie Pieterse	Director	2.00	Director	$0	$0	$0
KRISTEN RHEA	Director	2.00	Director	$0	$0	$0
ERIC DAVIDSON	Director	2.00	Director	$0	$0	$0
BIL PIPER	V-CHAIR, TREAS	2.00	Officer	$0	$0	$0
CARL MAYS II	Chairman	2.00	Officer	$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
2022	$892,564	$843,455	$969,067	$49,109
2021	$1,057,923	$781,855	$922,656	$276,068
2020	$869,762	$813,631	$796,164	$56,131
2019	$1,019,192	$1,029,355	$429,504	$-10,163
2018	$1,174,062	$1,190,713	$439,762	$-16,651

EXPLORATIONS PREPARATORY SCHOOL