Lincoln Academy (EIN 202344918) - 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

2004

Legal Domicile

Principal Officer

Jacob Hunt

Phone

8017562039

Tax Period

2024-07-01 to 2025-06-30

Lincoln Academy, founded in 2004, is a mid-sized nonprofit that reported $11.3M in total revenue in fiscal year 2024. Expenses of $10.7M left a modest 6% surplus.

Mission

To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $10,561,908

Program Service Revenue $338,545

Investment Income $318,966

Other Revenue $119,314

TOTAL REVENUE $11,338,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,740,064

Fundraising Expenses $0

Program Expenses $8,571,041

Other Expenses $2,913,767

TOTAL EXPENSES $10,653,831

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,338,733	$11,084,776	+0.0%
Expenses	$10,653,831	$9,816,159	+0.1%
Net Income	$684,902	$1,268,617	-0.5%

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

Employees

185

Volunteers

160

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

$211,080

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Revelli	President	3.75	Officer Director	$0	$0	$0
Cherstyn Stockwell	Board Member	3.00	Officer Director	$0	$0	$0
Cade Close	Treasurer	2.00	Officer Director	$0	$0	$0
Mitchell Beck	Board Member	2.50	Director	$0	$0	$0
Sarah Chaffin	Board Member	3.75	Director	$0	$0	$0
Dave Merrick	Board Member	1.50	Director	$0	$0	$0
Michelle Hild	Board Member	3.00	Director	$0	$0	$0
Kayla Bills	Secretary	1.00	Director	$0	$0	$0
Jacob Hunt	Principal	46.00	Officer	$162,898	$48,182	$211,080
Grant Memmott	Operations Dir	40.00	Highest	$132,437	$43,300	$175,737
Kristi Ungerman	Secondary Principal	40.00	Highest	$132,587	$27,931	$160,518
Andreas Proetel	Teacher	40.00	Highest	$102,973	$23,784	$126,757

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	$11,338,733	$10,653,831	$19,513,790	$684,902
2024	$11,084,776	$9,816,159	$18,877,504	$1,268,617
2023	$9,677,727	$9,087,079	$18,215,109	$590,648
2022	$9,107,326	$8,648,554	$18,022,202	$458,772
2021	$8,311,660	$7,485,161	$17,993,351	$826,499
2020	$7,617,529	$7,067,156	$18,123,063	$550,373
2019	$7,130,037	$6,588,532	$17,941,368	$541,505
2018	$6,728,717	$6,173,610	$17,621,134	$555,107

Lincoln Academy