NORTHWOOD ACADEMY CHARTER SCHOOL (EIN 202633383) - 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

2005

Legal Domicile

Principal Officer

FRANK AYATA

Phone

2152895606

Tax Period

2024-07-01 to 2025-06-30

NORTHWOOD ACADEMY CHARTER SCHOOL, founded in 2005, is a mid-sized nonprofit in the Education sector that reported $16.7M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE NORTHWOOD ACADEMY CHARTER SCHOOL IS TO EDUCATE THE WHOLE CHILD BY PROVIDING THE ACADEMIC, SOCIAL, AND EMOTIONAL FOUNDATIONS AND SUCCESSES NECESSARY TO BECOME CONTRIBUTING COMMUNITY MEMBERS

🔒

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 $1,415,285

Program Service Revenue $15,034,993

Investment Income $108,473

Other Revenue $132,020

TOTAL REVENUE $16,690,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,043,058

Fundraising Expenses $0

Program Expenses $13,283,185

Other Expenses $7,215,108

TOTAL EXPENSES $17,258,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,690,771	$17,554,849	0.0%
Expenses	$17,258,166	$17,703,206	0.0%
Net Income	$-567,395	$-148,357	+2.8%

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

Employees

119

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

$191,260

Total Directors

Key Employees

$292,231

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WARREN YOUNG	PRESIDENT	1.00	Officer Director	$0	$0	$0
JORDAN RUSSELL	SECRETARY	1.00	Officer Director	$0	$0	$0
KRISTINE SPRAGA	TREASURER	1.00	Officer Director	$0	$0	$0
CORTEZ PATTON	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES HOLMES	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
DR AMANDA HILL-HENNIE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE PINKNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC LANGSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN FIELY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL SPAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY DALY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL D MCLEISH	DIRECTOR OF BUSINESS OPERATIONS (UP TO 6/30/2025)	40.00	Officer	$170,501	$20,759	$191,260
ERIC LANGSTON	CEO	40.00	Key Emp	$247,229	$45,002	$292,231
DIANA M ABELLARD	PRINCIPAL	40.00	Highest	$126,618	$27,484	$154,102
EDWENA LEITE	DIRECTOR OF SPECIAL EDUCATION	40.00	Highest	$120,884	$39,573	$160,457
YINNELY DAVIDSON	ASSISTANT PRINCIPAL	40.00	Highest	$120,227	$27,358	$147,585
ANITA HICKS-BEY	SPECIALIZED CASE MANAGER	40.00	Highest	$117,274	$17,523	$134,797
AUDREY POWELL	ASSISTANT PRINCIPAL	40.00	Highest	$116,660	$11,923	$128,583

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	$16,690,771	$17,258,166	$22,750,067	$-567,395
2024	$17,554,849	$17,703,206	$24,211,124	$-148,357
2023	$15,012,164	$13,935,128	$25,108,454	$1,077,036
2022	$14,590,180	$12,036,058	$26,027,590	$2,554,122
2021	$13,263,932	$10,432,292	$25,049,604	$2,831,640
2020	$11,847,373	$10,045,019	$23,365,334	$1,802,354
2019	$11,484,504	$9,745,262	$22,888,514	$1,739,242
2018	$10,664,917	$10,320,814	$20,458,781	$344,103

NORTHWOOD ACADEMY CHARTER SCHOOL