DAYSPRING CHRISTIAN ACADEMY AND PRESCHOOL INC (EIN 260321711) - 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

2007

Legal Domicile

Principal Officer

Letisha Rumlin

Phone

9047640303

Tax Period

2024-01-01 to 2024-12-31

DAYSPRING CHRISTIAN ACADEMY AND PRESCHOOL INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $659K in total revenue in fiscal year 2024. Expenses of $632K left a modest 4% surplus.

Mission

Our mission is based on the opportunity to promote educational excellence, foster character development, and maximize individual strengths through academic, artistic, social, and athletic experiences. he spiritual, academic and personal growth of all students is our priority. Our curriculum implements a variety of instructional practices and learning activities that support student success. Therefore, our students are challenged to demonstrate an understanding of knowledge and skills, problem solving, and the production of relevant and meaningful work. A sense of responsibility to parents, schoolmates, our school, and our community is an expectation.

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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 $0

Program Service Revenue $658,178

Investment Income $0

Other Revenue $385

TOTAL REVENUE $658,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $411,127

Fundraising Expenses $0

Program Expenses $631,995

Other Expenses $220,868

TOTAL EXPENSES $631,995

Year-over-Year Comparison

	2024	2023	Change
Revenue	$658,563	$623,993	+0.1%
Expenses	$631,995	$651,523	0.0%
Net Income	$26,568	$-27,530	-2.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUMLIN JEFFREY K	Director	0.00	Director	$0	$0	$0
YOUNG ELIZABETH	Director	0.00	Director	$0	$0	$0
KING LINDA	Director	0.00	Director	$0	$0	$0
Rumlin Letisha	Director	40.00	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	$658,563	$631,995	$25,289	$26,568
2023	$623,993	$651,523	$6,328	$-27,530
2022	$573,381	$578,038	$43,718	$-4,657
2021	$592,937	$637,036	$47,986	$-44,099

DAYSPRING CHRISTIAN ACADEMY AND PRESCHOOL INC