ADVANTAGE ACADEMY OF HILLSBOROUGH INC

EIN: 262955088 501(c)(3) Education

CORAL SPRINGS, FL

Total Revenue
$67,049,967
Total Expenses
$71,057,249
Total Assets
$168,152,731
Net Assets
$20,472,450
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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
FL
Principal Officer
CHARLES HARRIS
Phone
9544145767
Tax Period
2024-07-01 to 2025-06-30

ADVANTAGE ACADEMY OF HILLSBOROUGH INC, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $67.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

TO OPERATE ELEVEN CHARTER SCHOOLS IN THE STATE OF FLORIDA.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $228,389
Program Service Revenue $62,387,262
Investment Income $0
Other Revenue $4,434,316
TOTAL REVENUE $67,049,967

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,865,731
Other Expenses $71,057,249
TOTAL EXPENSES $71,057,249

Year-over-Year Comparison

2024 2023 Change
Revenue $67,049,967 $74,598,425 -0.1%
Expenses $71,057,249 $74,341,049 0.0%
Net Income $-4,007,282 $257,376 -16.6%
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

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Governance

Voting Members
3
Independent Members
3
Employees
1064
Volunteers
25

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
0
$0
Total Directors
3
$0
Key Employees
9
$782,360
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES HARRIS BOARD CHAIR 0.50
Director
$0 $0 $0
DETRIA ELSNER VICE CHAIR 0.50
Director
$0 $0 $0
JENNIFER DEAN SECRETARY 0.50
Director
$0 $0 $0
TORI DAVIS PRINCIPAL 40.00
Key Emp
$0 $0 $0
ANNA MONTOUTE PRINCIPAL 40.00
Key Emp
$112,000 $0 $112,000
JASON PFEFFER PRINCIPAL 40.00
Key Emp
$0 $0 $0
BRITTANY RADZEVICH PRINCIPAL 40.00
Key Emp
$138,000 $0 $138,000
MARCY RINGDAHL PRINCIPAL 40.00
Key Emp
$115,360 $0 $115,360
TERESITA NIEVES PRINCIPAL 40.00
Key Emp
$0 $0 $0
JUDITH MOORE PRINCIPAL 40.00
Key Emp
$135,000 $0 $135,000
SAMANTHA CHANEY PRINCIPAL 40.00
Key Emp
$112,000 $0 $112,000
MARGARET FAHRINGER PRINCIPAL 40.00
Key Emp
$170,000 $0 $170,000
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 $67,049,967 $71,057,249 $168,152,731 $-4,007,282
2024 $74,598,425 $74,341,049 $175,030,342 $257,376
2023 $67,831,372 $66,525,005 $183,976,883 $1,306,367
2022 $61,697,931 $59,076,051 $185,732,767 $2,621,880
2021 $59,618,467 $52,925,292 $57,685,567 $6,693,175
2020 $53,078,676 $52,098,722 $50,964,393 $979,954
2019 $47,957,440 $45,676,177 $49,718,643 $2,281,263
2018 $43,199,858 $39,925,828 $13,542,273 $3,274,030
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