LA ACADEMIATHE PARTNERSHIP CHARTER… - Form 990 Financial Data

🔒

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

Principal Officer

MARK SIMMS

Phone

7172957763

Tax Period

2023-07-01 to 2024-06-30

LA ACADEMIATHE PARTNERSHIP CHARTER SCHOOL, founded in 1998, is a community nonprofit in the Education sector that reported $5.3M in total revenue in fiscal year 2023.

Mission

LA ACADEMIA IS A DYNAMIC LEARNING COMMUNITY SUSTAINED BY PARTNERSHIPS TO TRANSFORM TODAY'S LEARNERS INTO TOMORROW'S LEADERS THROUGH INNOVATIVE INSTRUCTION, COMPREHENSIVE SCHOLAR SUPPORTS, CULTURAL PROFICIENCY, AND WORK-BASED LEARNING.

Program Service Accomplishments

Program 1

Expenses: $4,470,781 Revenue: $4,637,707

AS WE REFLECT ON THE PAST ACADEMIC YEAR AT LA ACADEMIA PARTNERSHIP CHARTER SCHOOL, I AM DELIGHTED TO SHARE OUR MOST NOTABLE HIGHLIGHTS WITH YOU: GRAUDATION SUCCESS: WE PROUDLY ANNOUNCE THAT LA...

AS WE REFLECT ON THE PAST ACADEMIC YEAR AT LA ACADEMIA PARTNERSHIP CHARTER SCHOOL, I AM DELIGHTED TO SHARE OUR MOST NOTABLE HIGHLIGHTS WITH YOU: GRAUDATION SUCCESS: WE PROUDLY ANNOUNCE THAT LA ACADEMIA PARTNERSHIP CHARTER SCHOOL GRADUATED A FULL SENIOR CLASS OF 30 STUDENTS IN THE 2023- 2024 ACADEMIC YEAR. THIS ACHIEVEMENT IS A TESTAMENT TO THE HARD WORK AND DEDICATION OF BOTH OUR STUDENTS AND EDUCATORS. THIS ACCOMPLISHMENT DEMONSTRATES THE RESILIENCE AND COMMITMENT OF THE ENTIRE LA ACADEMIA COMMUNITY TO ACADEMIC EXCELLENCE AND STUDENT SUCCESS. AS WE MOVE FORWARD INTO THE NEW ACADEMIC YEAR, WE REMAIN STEADFAST IN OUR DEDICATION TO PROVIDING A NURTURING AND INCLUSIVE LEARNING ENVIRONMENT WHERE EVERY STUDENT CAN THRIVE. THANK YOU FOR YOUR CONTINUED SUPPORT OF LA ACADEMIA PARTNERSHIP CHARTER SCHOOL. TOGETHER, WE WILL CONTINUE TO INSPIRE AND EMPOWER THE NEXT GENERATION OF LEADERS.

🔒

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 $612,623

Program Service Revenue $4,637,707

Investment Income $9,310

Other Revenue $-8,079

TOTAL REVENUE $5,251,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,192,036

Fundraising Expenses $59,579

Program Expenses $4,470,781

Other Expenses $1,480,984

TOTAL EXPENSES $5,673,020

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,251,561	$5,070,409	+0.0%
Expenses	$5,673,020	$5,230,313	+0.1%
Net Income	$-421,459	$-159,904	+1.6%

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

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

$427,845

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK SIMMS	CEO	40.00	Officer	$118,239	$47,220	$165,459
AMY FERG	PRINCIPAL (E	40.00	Officer	$103,119	$40,571	$143,690
JASSON READ-JEAN	CFO	40.00	Officer	$83,967	$17,034	$101,001
ELIZABETH LANDIS	PRINCIPAL	40.00	Officer	$12,958	$4,737	$17,695
CHRIS BOYD	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JESSICA GEHMAN	TRUSTEE	1.00	Director	$0	$0	$0
GUY KINGREE	TREASURER	1.00	Officer Director	$0	$0	$0
AIDALIS LOPEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
GLORIA NYUTU-BLACKMAN	TRUSTEE	1.00	Director	$0	$0	$0
ANGEL ROSARIO	TRUSTEE (7/1	1.00	Director	$0	$0	$0
JAMES ROVITO	TRUSTEE	1.00	Director	$0	$0	$0
LEO SILVA	TRUSTEE	1.00	Director	$0	$0	$0
COLLEEN WAGNER	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRISTINA WILLIAMS	TRUSTEE (11/	1.00	Director	$0	$0	$0
BRANDON WILT	TRUSTEE	1.00	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
2024	$5,251,561	$5,673,020	$5,477,911	$-421,459
2023	$5,070,409	$5,230,313	$4,549,688	$-159,904
2022	$4,792,470	$4,504,253	$3,170,504	$288,217
2021	$4,968,960	$3,954,211	$3,290,959	$1,014,749
2020	$4,731,542	$3,912,310	$2,650,741	$819,232
2019	$4,477,211	$3,656,546	$2,427,261	$820,665
2018	$3,543,359	$3,867,291	$2,225,419	$-323,932

LA ACADEMIATHE PARTNERSHIP CHARTER SCHOOL