Glades Academy Foundation Inc (EIN 262475110) - 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

2008

Legal Domicile

Principal Officer

Emilia Fanjul

Phone

5613665104

Tax Period

2023-01-01 to 2023-12-31

Glades Academy Foundation Inc, founded in 2008, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $945K, a strong 70% operating margin.

Mission

To promote quality public school education in Florida through contributions to charter schools. To monitor the use of the contributions to assure their use in expanding educational opportunities for the students at such schools. To develop funding sources to expand and enhance this mission. Construct school facilities.

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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 $1,219,028

Program Service Revenue $0

Investment Income $124,377

Other Revenue $4,045

TOTAL REVENUE $1,347,450

Expense Breakdown

Grants Paid $387,325

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $387,325

Other Expenses $14,833

TOTAL EXPENSES $402,158

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,347,450	$920,503	+0.5%
Expenses	$402,158	$441,359	-0.1%
Net Income	$945,292	$479,144	+1.0%

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

N/A

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
Emilia Fanjul	President Secretary	010.00	Officer Director	$0	$0	$0
Lourdes Fanjul	Treasurer	005.00	Officer Director	$0	$0	$0
Alexander Borell	Director	001.00	Director	$0	$0	$0
Joseph Galardi	Director	001.00	Director	$0	$0	$0
Pauline Pitt	Director	001.00	Director	$0	$0	$0
Annette Allen	Director	001.00	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	No data	No data	No data	No data
2023	$1,347,450	$402,158	$4,085,885	$945,292
2022	$920,503	$441,359	$3,140,593	$479,144
2021	$706,864	$406,559	$2,661,449	$300,305
2020	$801,745	$964,097	$2,353,300	$-162,352
2019	$950,308	$302,301	$2,509,810	$648,007
2018	$994,043	$516,193	$1,859,318	$477,850

Glades Academy Foundation Inc