PRECIOUS BLESSINGS ACADEMY

EIN: 205990637 501(c)(3) Education

RICHMOND, VA

Total Revenue
$234,355
Total Expenses
$368,146
Total Assets
$219,579
Net Assets
$-248,764
🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
VA
Principal Officer
ELLIS BIAS
Phone
8042327180
Tax Period
2022-01-01 to 2022-12-31

PRECIOUS BLESSINGS ACADEMY, founded in 2009, is a small nonprofit in the Education sector that reported $275K in total revenue in fiscal year 2018. Revenue grew 16% year-over-year, indicating healthy expansion.

Mission

PRECIOUS BLESSINGS ACADEMY'S MISSION IS TO NOURISH AND CULTIVATE THE INTELLECTUAL, SPIRITUAL, AND SOCIAL NEEDS OF CHILDREN BY PROVIDING THE VERY BEST ACADEMIC INSTRUCTION IN A SAFE, SECURE, AND LOVING ENVIRONMENT CONDUCIVE TO TOTAL LEARNING, CRITICAL THINKING, AND ENCOURAGING EACH STUDENT TO ATTAIN THEIR HIGHEST GOD GIVEN POTENTIAL.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $234,355
Investment Income $0
Other Revenue $0
TOTAL REVENUE $234,355

Expense Breakdown

Grants Paid $0
Salaries & Benefits $68,681
Fundraising Expenses $0
Program Expenses $356,862
Other Expenses $299,465
TOTAL EXPENSES $368,146

Year-over-Year Comparison

2022 2021 Change
Revenue $234,355 $317,853 -0.3%
Expenses $368,146 $471,335 -0.2%
Net Income $-133,791 $-153,482 -0.1%
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

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
3
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
2
$46,200
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOIS BIAS OFFICER 40.00
Officer
$25,200 $0 $25,200
ELLIS BIAS OFFICER 40.00
Officer
$21,000 $0 $21,000
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
2022 $234,355 $368,146 $219,579 $-133,791
2021 $317,853 $471,335 $356,144 $-153,482
2020 $255,975 $221,384 $148,361 $34,591
2019 $239,311 $237,394 $3,918 $1,917
2018 $274,734 $269,615 $2,001 $5,119
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PRECIOUS BLESSINGS ACADEMY with other nonprofits in Virginia and across the country.