CHOICE ACADEMIES INC

EIN: 208809933 501(c)(3) Education

PHOENIX, AZ

Total Revenue
$7,083,124
Total Expenses
$6,869,461
Total Assets
$17,441,670
Net Assets
$3,538,224
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
AZ
Principal Officer
AUDRA WILSON SMITH
Phone
6029385517
Tax Period
2024-07-01 to 2025-06-30

CHOICE ACADEMIES INC, founded in 2009, is a community nonprofit in the Education sector that reported $7.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $6.9M left a modest 3% surplus.

Mission

CHOICE ACADEMIES IS COMITTED TO PROVIDING A TRADITIONAL BACK-TO-BASICS EDUCATION WITHIN A FRAMEWORK OF HIGH STANDARDS AND HIGH EXPECTATIONS IN A SAFE ENVIRONMENT. ITS PURPOSE IS TO PROVIDE STUDENTS WITH A STRONG FOUNDATION OF KNOWLEDGE, TO TEACH CRITICAL THINKING AND TO DEVELOP GOOD CITIZENSHIP AND LEADERSHIP SKILLS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $894,766
Program Service Revenue $6,062,047
Investment Income $126,311
Other Revenue $0
TOTAL REVENUE $7,083,124

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,474,376
Fundraising Expenses $0
Program Expenses $5,686,270
Other Expenses $2,395,085
TOTAL EXPENSES $6,869,461

Year-over-Year Comparison

2024 2023 Change
Revenue $7,083,124 $7,658,712 -0.1%
Expenses $6,869,461 $6,904,238 0.0%
Net Income $213,663 $754,474 -0.7%
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
5
Independent Members
5
Employees
132
Volunteers
21

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
$124,611
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA FINK PRESIDENT 1.00
Officer Director
$0 $0 $0
MARCUS KELLEY DIRECTOR 1.00
Director
$0 $0 $0
RAYMOND MALNAR DIRECTOR 1.00
Director
$0 $0 $0
DAVIS WESTON DIRECTOR 1.00
Director
$0 $0 $0
THOMAS MCCAULEY DIRECTOR 1.00
Director
$0 $0 $0
BRENT GARRETT DIRECTOR (THRU MAY 2025) 1.00
Director
$0 $0 $0
AUDRA WILSON-SMITH CEO 40.00
Officer
$118,019 $6,592 $124,611
ASHLEY SMITH PRINCIPAL 40.00
Highest
$105,790 $6,019 $111,809
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 $7,083,124 $6,869,461 $17,441,670 $213,663
2024 $7,658,712 $6,904,238 $17,452,461 $754,474
2023 $8,153,698 $7,462,001 $16,988,678 $691,697
2022 $7,018,767 $6,656,526 $16,051,131 $362,241
2021 $5,821,300 $5,891,494 $16,418,209 $-70,194
2020 $7,150,966 $6,470,647 $16,892,839 $680,319
2019 $7,432,390 $7,964,625 $16,908,744 $-532,235
2018 $7,810,720 $8,282,576 $17,021,581 $-471,856
Explore More Nonprofits
Top 100 Nonprofits in Arizona Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CHOICE ACADEMIES INC with other nonprofits in Arizona and across the country.