ASU PREPARATORY ACADEMY INC (EIN 260664313) - 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

2007

Legal Domicile

Principal Officer

PHILLIP NETOLICKY

Phone

4807275809

Tax Period

2024-07-01 to 2025-06-30

ASU PREPARATORY ACADEMY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $82.6M in total revenue in fiscal year 2024.

Mission

OUR MISSION IS TO AFFORD STUDENTS AN OPTIMUM ENVIRONMENT FOR LEARNING, HELP THEM ACHIEVE THEIR POTENTIAL AND ENSURE THE APPROPRIATE LEVEL OF COLLEGE READINESS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $80,994,157

Program Service Revenue $909,213

Investment Income $0

Other Revenue $721,647

TOTAL REVENUE $82,625,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,706,240

Fundraising Expenses $0

Program Expenses $60,229,172

Other Expenses $29,408,685

TOTAL EXPENSES $87,114,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,625,017	$82,416,980	+0.0%
Expenses	$87,114,925	$87,879,355	0.0%
Net Income	$-4,489,908	$-5,462,375	-0.2%

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

1025

Volunteers

278

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

$1,135,205

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILLIP NETOLICKY	CFO	N/A	Officer	$0	$24,980	$266,732
LISA EDGAR	CHIEF PTNRSH	40.00	Officer	$300,378	$45,622	$346,000
DAVID TIMOTHY SUDARMA	CHIEF TECH O	40.00	Officer	$193,048	$32,433	$225,481
LEAH LOMMEL	CHIEF ADMIN	40.00	Officer	$257,272	$39,720	$296,992
GEORGE DEAN	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JOSE CARDENAS	VICE CHAIRPE	2.00	Officer Director	$0	$0	$0
AMY MCGRATH	TREASURER	2.00	Officer Director	$0	$0	$0
JULIE YOUNG	DIRECTOR	2.00	Director	$0	$0	$0
KATIE RATLIEF	DIRECTOR	2.00	Director	$0	$0	$0
JILL ROGIER	HEAD OF SCHO	40.00	Highest	$175,926	$29,544	$205,470
ELIZABETH FOWLER	HEAD IMMERSI	40.00	Highest	$173,950	$29,301	$203,251
COREY WOODS	ED COMMUNITY	40.00	Highest	$160,936	$26,690	$187,626
CHRISTINA CLEUGH	DIR NATIONAL	40.00	Highest	$155,466	$19,400	$174,866
TERESA KING	DIR PTNRSHP	40.00	Highest	$163,184	$27,982	$191,166

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	$82,625,017	$87,114,925	$38,533,671	$-4,489,908
2024	$82,416,980	$87,879,355	$45,874,621	$-5,462,375
2023	$76,710,496	$78,160,954	$54,319,569	$-1,450,458
2022	$81,078,916	$70,950,080	$60,780,022	$10,128,836
2021	$66,068,953	$54,381,602	$49,146,223	$11,687,351
2020	$40,852,176	$40,398,428	$23,096,621	$453,748
2019	$45,142,261	$41,140,007	$23,298,576	$4,002,254
2018	$29,860,612	$30,870,884	$14,518,849	$-1,010,272

ASU PREPARATORY ACADEMY INC