SPIRIT ACADEMY (EIN 263616643) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

John Simons

Phone

7147312630

Tax Period

2022-07-01 to 2023-06-30

SPIRIT ACADEMY, founded in 2008, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2022. Revenue decreased 7% compared to the prior year. Expenses of $983K left a modest 7% surplus.

Mission

To Provide college preparatory education from a Christian perspective.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $164,975

Program Service Revenue $768,112

Investment Income $3,841

Other Revenue $124,542

TOTAL REVENUE $1,061,470

Expense Breakdown

Grants Paid $0

Salaries & Benefits $556,765

Fundraising Expenses $0

Program Expenses $677,620

Other Expenses $426,563

TOTAL EXPENSES $983,328

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,061,470	$1,140,907	-0.1%
Expenses	$983,328	$816,215	+0.2%
Net Income	$78,142	$324,692	-0.8%

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

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

$31,986

Total Directors

$106,918

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hollye H Smith	Board Member/Teacher	10.00	Director	$25,703	$0	$25,703
Pamela J Costes	Board Member/Administrator	40.00	Director	$78,266	$0	$78,266
Ryan Easter	Board Member	1.00	Director	$0	$0	$0
Carly Gonzolas	Board Member	1.00	Director	$0	$0	$0
Lori Lee	director	1.00	Director	$2,949	$0	$2,949
Stephanie Heidrich	Secretary	30.00	Officer	$31,986	$0	$31,986
John Simons	President	11.00	Officer	$0	$0	$0
Andrew Marestaing	Treasurer	1.00	Officer	$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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$1,061,470	$983,328	$935,063	$78,142
2022	$1,140,907	$816,215	$841,774	$324,692
2021	$859,103	$713,717	$517,082	$145,386
2020	$665,206	$675,823	$463,619	$-10,617
2019	$702,486	$735,307	$232,313	$-32,821

SPIRIT ACADEMY