CITY OF HIALEAH EDUCATION ACADEMY … - Form 990 Financial Data

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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

TERESA SANTALO SANCHEZ

Phone

3053624006

Tax Period

2024-07-01 to 2025-06-30

CITY OF HIALEAH EDUCATION ACADEMY INC, founded in 2008, is a mid-sized nonprofit in the Education sector that reported $14.1M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $13.0M left a modest 7% surplus.

Mission

THE SCHOOL'S MISSION IS TO PROVIDE A HIGH-QUALITY CAREER-ORIENTED CURRICULUM FOR 21ST CENTURY OCCUPATIONS AND PREPARE STUDENTS FOR A MULTILINGUAL WORK ENVIRONMENT, AS WELL AS FOR A SUCCESSFUL PROGRESSION INTO POST SECONDARY STUDIES.

Program Service Accomplishments

Program 1

Expenses: $11,452,525 Revenue: $62,354

COHEA IS COMMITTED TO PROVIDING A HIGH-QUALITY, RIGOROUS, AND CAREER-ORIENTED CURRICULUM THAT PREPARES STUDENTS FOR SUCCESSFUL PROGRESSION INTO POST-SECONDARY EDUCATION AND PRODUCTIVE EMPLOYMENT...

COHEA IS COMMITTED TO PROVIDING A HIGH-QUALITY, RIGOROUS, AND CAREER-ORIENTED CURRICULUM THAT PREPARES STUDENTS FOR SUCCESSFUL PROGRESSION INTO POST-SECONDARY EDUCATION AND PRODUCTIVE EMPLOYMENT WITHIN A MULTILINGUAL WORK ENVIRONMENT. THE SCHOOL FOSTERS AN ENVIRONMENT THAT PROMOTES ACADEMIC ACHIEVEMENT, DEVELOPS STRONG CHARACTER, AND INSPIRES STUDENTS TO SERVE AND GIVE BACK TO THEIR COMMUNITY, PARTICULARLY IN THE FIELD OF PUBLIC SERVICE.

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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 $13,741,233

Program Service Revenue $0

Investment Income $261,155

Other Revenue $62,354

TOTAL REVENUE $14,064,742

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,773,775

Fundraising Expenses $486,171

Program Expenses $11,452,525

Other Expenses $5,262,625

TOTAL EXPENSES $13,036,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,064,742	$15,273,838	-0.1%
Expenses	$13,036,400	$11,708,346	+0.1%
Net Income	$1,028,342	$3,565,492	-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

184

Volunteers

105

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
TERESA SANTALO SANCHEZ	CHAIRMAN	2.00	Officer Director	$0	$0	$0
NOELLE IGLESIAS	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
ARMANDO LLANES	DIRECTOR	2.00	Director	$0	$0	$0
VINCENT TECK	DIRECTOR	2.00	Director	$0	$0	$0
ARNALDO ALONSO	DIRECTOR	2.00	Director	$0	$0	$0
CARLOS ALVAREZ	PRINCIPAL	40.00	Highest	$198,261	$0	$198,261
AMY SIMPSON	READING COACH	40.00	Highest	$131,647	$0	$131,647

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	$14,064,742	$13,036,400	$9,496,189	$1,028,342
2024	$15,273,838	$11,708,346	$8,648,224	$3,565,492
2023	$11,819,978	$11,208,533	$5,404,390	$611,445
2022	$9,563,410	$9,252,115	$4,923,364	$311,295
2021	$8,877,684	$8,430,159	$4,032,675	$447,525
2020	$7,850,340	$7,645,083	$3,802,625	$205,257
2019	$7,614,040	$7,502,072	$3,339,523	$111,968
2018	$6,435,510	$6,040,831	$2,740,694	$394,679

CITY OF HIALEAH EDUCATION ACADEMY INC