HEART CHRISTIAN PREPARATORY ACADEMY (EIN 204508459) - 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

2006

Legal Domicile

Phone

9494124060

Tax Period

2024-07-01 to 2025-06-30

HEART CHRISTIAN PREPARATORY ACADEMY, founded in 2006, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $5.4M left a modest 7% surplus.

Mission

HEART CHRISTIAN ACADEMY SERVES JK-8TH GRADE HOMESCHOOL FAMILIES ACROSS THE COUNTRY WITH A COLLABORATIVE EDUCATIONAL MODEL THAT COMBINES CAMPUS DAYS WITH HOME DAYS, VETTED CURRICULUM, AND COMPREHENSIVE LESSON PLANS THAT ALIGN ACROSS HOME AND CLASSROOM.

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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 $0

Program Service Revenue $5,792,810

Investment Income $33,210

Other Revenue $0

TOTAL REVENUE $5,826,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,110,048

Fundraising Expenses $0

Program Expenses $3,725,917

Other Expenses $1,287,282

TOTAL EXPENSES $5,397,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,826,020	$6,621,849	-0.1%
Expenses	$5,397,330	$6,474,269	-0.2%
Net Income	$428,690	$147,580	+1.9%

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

313

Volunteers

N/A

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

$179,372

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK OSTERMANN	EXECUTIVE DIRECTOR	40.00	Officer	$179,372	$0	$179,372
CRISSY FOLLIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
DEREK CUSHMAN	TREASURER	1.00	Officer Director	$0	$0	$0
KATIE CAPPUCCIO	SECRETARY	1.00	Officer Director	$0	$0	$0
CALIN MELEN	DIRECTOR	1.00	Director	$0	$0	$0
EMMA LURKER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KRAKE	DIRECTOR	1.00	Director	$0	$0	$0
JESSICA HANSEN	DIRECTOR	1.00	Director	$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
2025	$5,826,020	$5,397,330	$1,147,130	$428,690
2024	$6,621,849	$6,474,269	$250,921	$147,580
2023	No data	No data	No data	No data
2022	$4,475,732	$4,576,837	$399,300	$-101,105
2021	$800,208	$748,528	$249,566	$51,680
2020	$532,913	$498,552	$171,317	$34,361
2019	$741,660	$775,140	$100,763	$-33,480

HEART CHRISTIAN PREPARATORY ACADEMY