Stride Academy Charter School (EIN 201161981) - 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

2004

Legal Domicile

Principal Officer

Eric Skanson

Phone

3202305340

Tax Period

2024-07-01 to 2025-06-30

Stride Academy Charter School, founded in 2004, is a mid-sized nonprofit in the Education sector that reported $10.6M in total revenue in fiscal year 2024. Expenses of $10.1M left a modest 5% surplus.

Mission

Operation of charter school in St. Cloud, Minnesota

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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 $10,422,911

Program Service Revenue $14,829

Investment Income $111,465

Other Revenue $86,232

TOTAL REVENUE $10,635,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,393,854

Fundraising Expenses $0

Program Expenses $8,676,733

Other Expenses $3,664,527

TOTAL EXPENSES $10,058,381

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,635,437	$11,021,529	0.0%
Expenses	$10,058,381	$9,892,901	+0.0%
Net Income	$577,056	$1,128,628	-0.5%

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

121

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

$263,735

Total Directors

$156,524

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sara Fromm	Board Chair	1.00	Officer Director	$0	$0	$0
Andy Lyman	Vice Chair / Teacher	45.00	Officer Director	$76,050	$16,587	$92,637
Tina Barak	Treasurer	1.00	Officer Director	$0	$0	$0
Abdi Ismail	Member	1.00	Director	$0	$0	$0
Aaron Lundblad	Member	1.00	Director	$0	$0	$0
Carolyn Essig	Member / Teacher	45.00	Director	$49,389	$14,498	$63,887
Eric Skanson	Executive Director	50.00	Officer	$147,499	$23,599	$171,098
Nathan Schweiters	Principal	45.00	Highest	$119,323	$20,595	$139,918
Angela Litchy	Principal	45.00	Highest	$125,338	$20,972	$146,310

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	$10,635,437	$10,058,381	$6,544,656	$577,056
2024	$11,021,529	$9,892,901	$5,700,736	$1,128,628
2023	$8,803,335	$8,204,316	$4,983,951	$599,019
2022	$8,594,505	$7,282,673	$4,457,722	$1,311,832
2021	$7,078,293	$7,124,789	$4,574,295	$-46,496
2020	$5,615,399	$5,906,765	$5,022,453	$-291,366
2019	$4,830,440	$4,853,137	$4,679,089	$-22,697
2018	$5,044,495	$7,086,004	$8,422,169	$-2,041,509

Stride Academy Charter School