SUMNER ACADEMY INC (EIN 237242981) - 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

1973

Legal Domicile

Principal Officer

HANNAH MARTIN

Phone

6154521914

Tax Period

2023-07-01 to 2024-06-30

SUMNER ACADEMY INC, founded in 1973, is a community nonprofit in the Education sector that reported $3.3M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.9M left a modest 12% surplus.

Mission

WE RECOGNIZE EVERY CHILD'S GIFTS. OUR MISSION IS TO HELP DISCOVER AND CULTIVATE EACH CHILD'S UNIQUE TALENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $853,258

Program Service Revenue $2,382,522

Investment Income $8,274

Other Revenue $14,657

TOTAL REVENUE $3,258,711

Expense Breakdown

Grants Paid $212,502

Salaries & Benefits $1,704,953

Fundraising Expenses $103,876

Program Expenses $2,160,996

Other Expenses $857,284

TOTAL EXPENSES $2,862,239

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,258,711	$2,888,500	+0.1%
Expenses	$2,862,239	$2,785,855	+0.0%
Net Income	$396,472	$102,645	+2.9%

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

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

$187,364

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHAN GAMMILL	HEAD OF SCHO	45.00	Officer	$120,815	$0	$120,815
HANNAH MARTIN	HEAD OF OPER	45.00	Officer	$63,380	$3,169	$66,549
DAN SHOCKLEY	PRESIDENT	2.00	Officer Director	$0	$0	$0
MANDY BELOTE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KELLY SMITS	SECRETARY	2.00	Officer Director	$0	$0	$0
JACI LINDBERG	TREASURER	2.00	Officer Director	$0	$0	$0
ALEX BATTS	PTO PRESIDEN	0.25	Director	$0	$0	$0
JENNY CHAPMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
CHASE COWDEN	BOARD MEMBER	0.25	Director	$0	$0	$0
MIKELE GOODCHILD	BOARD MEMBER	0.25	Director	$0	$0	$0
DOUG HUGHES	BOARD MEMBER	0.25	Director	$0	$0	$0
JONNY LEE	BOARD MEMBER	0.25	Director	$0	$0	$0
ALEXIS MCCOY	BOARD MEMBER	0.25	Director	$0	$0	$0
ERIN PALMER	BOARD MEMBER	0.25	Director	$0	$0	$0
JOSH SIMKINS	BOARD MEMBER	0.25	Director	$0	$0	$0
MEG THOMPSON	BOARD MEMBER	0.25	Director	$0	$0	$0
GRACE TOMKINS	BOARD MEMBER	0.25	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	$3,258,711	$2,862,239	$2,806,538	$396,472
2023	$2,888,500	$2,785,855	$2,562,278	$102,645
2022	$2,478,487	$2,201,314	$2,587,937	$277,173
2021	$2,180,482	$2,200,721	$2,290,278	$-20,239
2020	$2,249,747	$2,220,515	$2,203,704	$29,232
2019	$1,990,099	$2,195,620	$2,291,563	$-205,521
2018	$2,047,127	$2,153,593	$2,484,534	$-106,466

SUMNER ACADEMY INC