INSTITUTE OF TECHNOLOGY AND ACADEMICS (EIN 208488048) - 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

Legal Domicile

Principal Officer

KULBIR SINGH

Phone

4143659375

Tax Period

2022-07-01 to 2023-06-30

INSTITUTE OF TECHNOLOGY AND ACADEMICS is a community nonprofit in the Education sector that reported $3.4M in total revenue in fiscal year 2022. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

WE ARE A HIGH ACHIEVING HIGH PERFORMING URBAN SCHOOL WHERE WE PREPARE THE CHILDREN OF MILWAUKEE FOR AN EXCEPTIONAL CAREER LIFE AND FUTURE

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,348,556

Program Service Revenue $0

Investment Income $1,166

Other Revenue $16,051

TOTAL REVENUE $3,365,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,739,860

Fundraising Expenses $60,803

Program Expenses $3,055,404

Other Expenses $1,923,784

TOTAL EXPENSES $3,663,644

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,365,773	$3,054,131	+0.1%
Expenses	$3,663,644	$3,338,316	+0.1%
Net Income	$-297,871	$-284,185	+0.0%

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

N/A

Independent Members

N/A

Employees

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

$125,000

Total Directors

$125,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KULBIR SINGH	PresExec Director	40.00	Officer Director	$125,000	$0	$125,000
DR DAVID BORST	CHAIRMAN	1.000	Officer Director	$0	$0	$0
PRINCESS JONES	DIRECTOR	1.000	Director	$0	$0	$0
MARKITA JEFFERSON	DIRECTOR	1.000	Director	$0	$0	$0
DINO ANTONOPOULOS	DIRECTOR	1.000	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,365,773	$3,663,644	$8,598,535	$-297,871
2022	$3,054,131	$3,338,316	$3,228,829	$-284,185
2021	$2,923,130	$2,403,626	$1,852,952	$519,504
2020	$2,738,078	$2,639,638	$1,440,682	$98,440
2019	$2,683,858	$2,511,517	$766,491	$172,341

INSTITUTE OF TECHNOLOGY AND ACADEMICS