Father's HARBOR Academy Inc (EIN 260504599) - 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

Dubel Agosto

Phone

9042481414

Tax Period

2024-01-01 to 2024-12-31

Father's HARBOR Academy Inc, founded in 2007, is a small nonprofit in the Education sector that reported $637K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $157K, a strong 25% operating margin.

Mission

Fathers H.A.R.B.O.R Academy is a school offering a unique opportunity for students to excel in their elementary and secondary education.

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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 $636,953

Investment Income $0

Other Revenue $0

TOTAL REVENUE $636,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $214,853

Fundraising Expenses $0

Other Expenses $264,703

TOTAL EXPENSES $479,556

Year-over-Year Comparison

	2024	2023	Change
Revenue	$636,953	$562,038	+0.1%
Expenses	$479,556	$466,958	+0.0%
Net Income	$157,397	$95,080	+0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dubel Agosto	President/Executive Director	050.00	Officer Director Highest	$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	$636,953	$479,556	$91,028	$157,397
2023	$562,038	$466,958	$168,791	$95,080
2022	$543,425	$551,851	$45,134	$-8,426
2021	$538,195	$577,558	$77,979	$-39,363
2020	$205,872	$311,066	$86,046	$-105,194
2020	$407,694	$561,306	$86,046	$-153,612
2019	$445,943	$446,515	$175,092	$-572
2018	$497,004	$416,672	$165,818	$80,332
2017	$681,380	$678,149	$167,470	$3,231

Father's HARBOR Academy Inc