ASA CHRISTIAN ACADEMY (EIN 261688902) - 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

2008

Legal Domicile

Principal Officer

JANET STRICKLAND

Phone

3145244272

Tax Period

2024-01-01 to 2024-12-31

ASA CHRISTIAN ACADEMY, founded in 2008, is a small nonprofit in the Education sector that reported $164K in total revenue in fiscal year 2024. The organization ran a surplus of $71K, a strong 43% operating margin.

Mission

PROVIDE EDUCATIONAL SERVICES TO CHILDREN FROM PRESCHOOL THOUGH EIGTH GRADE IN A CHRISTIAN ENVIROMENT

🔒

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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $163,772

TOTAL REVENUE $163,772

Expense Breakdown

Grants Paid $0

Salaries & Benefits $46,837

Fundraising Expenses $0

Program Expenses $92,653

Other Expenses $45,816

TOTAL EXPENSES $92,653

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,772	$170,116	0.0%
Expenses	$92,653	$84,849	+0.1%
Net Income	$71,119	$85,267	-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

N/A

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

$42,000

Total Directors

$42,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET STRICKLAND	EXECUTIVE DIRECTOR	20.00	Officer Director	$42,000	$0	$42,000
WALTER STRICKLAND	CHIEF FINANCIAL OFFICE	5.00	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	$163,772	$92,653	$469,071	$71,119
2023	$170,116	$84,849	$487,426	$85,267
2022	$216,953	$154,576	$506,303	$62,377
2021	$198,547	$261,826	$535,504	$-63,279
2020	$231,812	$327,141	$778,243	$-95,329
2019	$564,107	$476,712	$721,969	$87,395
2018	$585,774	$553,052	$689,628	$32,722

ASA CHRISTIAN ACADEMY