MULTICULTURAL ACADEMY CHARTER SCHOOL (EIN 232921398) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

SCOTT WALSH

Phone

2152270513

Tax Period

2023-07-01 to 2024-06-30

MULTICULTURAL ACADEMY CHARTER SCHOOL, founded in 1998, is a community nonprofit in the Education sector that reported $4.5M in total revenue in fiscal year 2023.

Mission

IT IS THE MISSION OF THE MULTICULTURAL ACADEMY CHARTER SCHOOL TO EDUCATE THE WHOLE CHILD BY PROVIDING A SAFE ENVIRONMENT WHERE STUDENTS CAN LEARN AND TEACHERS CAN INSTRUCT WHILE EMPHASIZING THE IMPORTANCE OF PARENTAL INVOLVEMENT IN THE EDUCATIONAL PROCESS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $426,944

Program Service Revenue $4,068,626

Investment Income $11,317

Other Revenue $40,084

TOTAL REVENUE $4,546,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,861,100

Fundraising Expenses $0

Program Expenses $3,548,271

Other Expenses $1,756,531

TOTAL EXPENSES $4,617,631

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,546,971	$4,466,750	+0.0%
Expenses	$4,617,631	$4,458,021	+0.0%
Net Income	$-70,660	$8,729	-9.1%

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

Governance

Voting Members

Independent Members

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

$269,491

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN HAMMOND	TRUSTEE	1.00	Director	$0	$0	$0
ANTONIO BURRELL	VICE PRESIDENT	1.00	Director	$0	$0	$0
FRANK MANNINO	PRESIDENT	1.00	Director	$0	$0	$0
JANELLE FITZPATRICK	SECRETARY	1.00	Director	$0	$0	$0
ARICK UNGER	TREASURER	1.00	Director	$0	$0	$0
RICHARD OLAYA	TRUSTEE	1.00	Director	$0	$0	$0
JAMES HIGGINS	CEO	40.00	Officer	$182,234	$87,257	$269,491
SCOTT WALSH	PRINCIPAL	40.00	Highest	$112,094	$46,449	$158,543
DANIEL LARKIN	ENGLISH TEACHER	35.00	Highest	$101,410	$34,255	$135,665

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	$4,546,971	$4,617,631	$6,983,469	$-70,660
2023	$4,466,750	$4,458,021	$7,072,822	$8,729
2022	$4,679,075	$4,281,705	$7,826,256	$397,370
2021	$4,536,128	$3,768,287	$3,209,884	$767,841
2020	$3,848,330	$3,339,928	$2,662,848	$508,402
2019	$3,441,706	$3,233,496	$2,263,889	$208,210
2018	$3,200,604	$3,106,708	$2,332,470	$93,896

MULTICULTURAL ACADEMY CHARTER SCHOOL