WILKES-BARRE ACADEMY (EIN 232478225) - 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

1987

Legal Domicile

Principal Officer

CAPPIE EVERS

Phone

5708237574

Tax Period

2024-01-01 to 2024-12-31

WILKES-BARRE ACADEMY, founded in 1987, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 10% surplus.

Mission

MEET THE ACADEMIC, SOCIAL, AND PERSONAL NEEDS AND INTERESTS OF THE STUDENTS FOR THEIR GROWTH AND MATURATION TOWARD INDEPENDENCE, DECISION MAKING ANND RELATIONS WITH OTHERS.

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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 $15,000

Program Service Revenue $1,220,267

Investment Income $43

Other Revenue $0

TOTAL REVENUE $1,235,310

Expense Breakdown

Grants Paid $0

Salaries & Benefits $846,083

Fundraising Expenses $0

Program Expenses $1,112,472

Other Expenses $266,389

TOTAL EXPENSES $1,112,472

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,235,310	$1,142,991	+0.1%
Expenses	$1,112,472	$1,177,351	-0.1%
Net Income	$122,838	$-34,360	-4.6%

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

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

$42,770

Total Directors

$42,770

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAPPIE EVERS	SECRETARY/TR	17.50	Officer Director	$21,385	$0	$21,385
CLETTA SALAVANTIS	PRESIDENT	17.50	Officer Director	$21,385	$0	$21,385

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
2024	$1,235,310	$1,112,472	$348,032	$122,838
2023	$1,142,991	$1,177,351	$350,360	$-34,360
2022	$1,414,624	$1,460,455	$305,391	$-45,831
2021	$1,564,848	$1,573,884	$359,161	$-9,036
2020	$1,426,345	$1,436,601	$317,274	$-10,256
2019	$1,472,330	$1,578,336	$343,778	$-106,006
2018	$1,584,352	$1,426,806	$426,290	$157,546

WILKES-BARRE ACADEMY