Zarephath Academy Inc

EIN: 263298970 501(c)(3) Religion

Jacksonville, FL

Total Revenue
$1,775,838
Total Expenses
$1,412,500
Total Assets
$644,557
Net Assets
$-651,018
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Principal Officer
Jerry Brant
Phone
9045667549
Tax Period
2024-07-01 to 2025-06-30

Zarephath Academy Inc, founded in 2008, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2024. The organization ran a surplus of $363K, a strong 20% operating margin.

Mission

The school receives scholarship assitance from the state of Florida and tuition payments from the families of its students. The tuition is not tax deductible.

Program Service Accomplishments

Program 1
Expenses: $1,279,019 Revenue: $1,775,838

Provide quality education for underserved children through tax credit scholarships

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,557
Program Service Revenue $1,926,195
Investment Income $0
Other Revenue $-164,914
TOTAL REVENUE $1,775,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $853,792
Fundraising Expenses $0
Program Expenses $1,279,019
Other Expenses $558,708
TOTAL EXPENSES $1,412,500

Year-over-Year Comparison

2024 2023 Change
Revenue $1,775,838 $-54,823 -33.4%
Expenses $1,412,500 $1,667,318 -0.2%
Net Income $363,338 $-1,722,141 -1.2%
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

Sign In

Governance

Voting Members
3
Independent Members
N/A
Employees
20
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
2
$0
Total Directors
3
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jerry Brant Executive Director 060.00
Officer Director Key Emp
$0 $0 $0
Denise Brant Director 005.00
Officer Director
$0 $0 $0
Patricia Mingo Principal 060.00
Director Key Emp
$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
2025 $1,775,838 $1,412,500 $644,557 $363,338
2024 $1,839,648 $1,667,318 $274,018 $172,330
2023 $2,029,044 $1,603,399 $296,200 $425,645
2022 $1,686,409 $1,571,083 $106,075 $115,326
2021 $1,630,955 $1,999,984 $-159,244 $-369,029
2017 $1,226,604 $1,271,188 $61,639 $-44,584
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Zarephath Academy Inc with other nonprofits in Florida and across the country.