Carondelet Leadership Academy (EIN 263429656) - 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

2009

Legal Domicile

Principal Officer

Ailce Duarte-Fletcher

Phone

3148028744

Tax Period

2019-07-01 to 2020-06-30

Carondelet Leadership Academy, founded in 2009, is a community nonprofit that reported $5.2M in total revenue in fiscal year 2019. Expenses of $6.0M exceeded revenue, resulting in a 16% operating deficit.

Mission

Our mission at Carondelet Leadership Academy is to prepare young men and women with a solid foundation of basic academic and social skills, which will ensure success both at the secondary school level and for future participation in post secondary education and the workplace.

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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 (2019)

Revenue Breakdown

Contributions & Grants $855

Program Service Revenue $5,124,010

Investment Income $4,025

Other Revenue $41,813

TOTAL REVENUE $5,170,703

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,255,333

Fundraising Expenses $0

Program Expenses $4,719,549

Other Expenses $1,717,545

TOTAL EXPENSES $5,972,878

Year-over-Year Comparison

	2019	2018	Change
Revenue	$5,170,703	$5,333,947	0.0%
Expenses	$5,972,878	$5,489,399	+0.1%
Net Income	$-802,175	$-155,452	+4.2%

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

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
Ailce Duarte-Fletcher	Treasurer	8.00	Officer Director	$0	$0	$0
Joe Jacobson	President	8.00	Officer Director	$0	$0	$0
Lori Kindler	Vice President	8.00	Officer Director	$0	$0	$0
LaShaundra Hoffman	Secretary	8.00	Officer Director	$0	$0	$0
Steve Wilkerson	Member	8.00	Director	$0	$0	$0
Shenelle DuBose	Member	8.00	Director	$0	$0	$0
Patrice Coffin	Executive Director	40.00	Highest	$105,188	$0	$105,188
Apryll Mendez	Principal	40.00	Highest	$112,748	$0	$112,748

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
2020	$5,170,703	$5,972,878	$4,489,034	$-802,175
2019	$5,333,947	$5,489,399	$5,394,722	$-155,452
2018	$4,848,249	$5,132,293	$5,625,240	$-284,044

Carondelet Leadership Academy