INSTITUTE FOR ACADEMIC EXCELLENCE INC (EIN 202870669) - 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

2005

Legal Domicile

Principal Officer

DR SHARON CLARK

Phone

5043043916

Tax Period

2024-07-01 to 2025-06-30

INSTITUTE FOR ACADEMIC EXCELLENCE INC, founded in 2005, is a community nonprofit in the Education sector that reported $9.2M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

TO CREATE A COMMUNITY WHERE STUDENTS ARE CHALLENGED ACADEMICLY, SOCIALLY, AND VOCATIONALLY.

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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 $9,008,585

Program Service Revenue $0

Investment Income $535

Other Revenue $217,831

TOTAL REVENUE $9,226,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,768,412

Fundraising Expenses $0

Program Expenses $7,799,115

Other Expenses $3,654,520

TOTAL EXPENSES $9,422,932

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,226,951	$10,164,401	-0.1%
Expenses	$9,422,932	$9,021,809	+0.0%
Net Income	$-195,981	$1,142,592	-1.2%

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

115

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

$430,394

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ALVIN PORTER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WAYNE HARDY	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
BERNARD GRIFFITH	BOARD MEMBER	1.00	Director	$0	$0	$0
COREY WATSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JANIE MALVEAUX	BOARD MEMBER	1.00	Director	$0	$0	$0
REGINALD DELECIA	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
SHARON CLARK	CHARTER DIRECTOR	65.00	Officer	$236,631	$31,093	$267,724
CHISTOPHER WINDON	FINANCE DIRECTOR	60.00	Officer	$150,435	$12,235	$162,670

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	$9,226,951	$9,422,932	$7,772,381	$-195,981
2024	No data	No data	No data	No data
2023	$8,113,048	$7,927,262	$7,017,056	$185,786
2022	$7,672,609	$7,304,973	$6,845,376	$367,636
2021	$6,991,452	$6,390,287	$7,596,078	$601,165
2020	$6,392,438	$6,272,583	$6,761,793	$119,855
2019	$6,767,136	$6,458,532	$5,920,667	$308,604
2018	$6,448,663	$5,449,250	$5,476,664	$999,413

INSTITUTE FOR ACADEMIC EXCELLENCE INC