ELKO INSTITUTE FOR ACADEMIC ACHIEVEMENT (EIN 263665030) - 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

2023

Legal Domicile

Principal Officer

ASHLEY PERKINS

Tax Period

2024-07-01 to 2025-06-30

ELKO INSTITUTE FOR ACADEMIC ACHIEVEMENT, founded in 2023, is a community nonprofit in the Education sector that reported $5.0M in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $4.7M left a modest 7% surplus.

Mission

THE PURPOSE OF THE SCHOOL IS TO PROVIDE A HIGH QUALITY EDUCATION TO CHILDREN FROM KINDERGARTEN THROUGH THE EIGHT GRADE. THE MISSION OF THE SCHOOL IS TO ENSURE THAT ITS STUDENTS RCEIVE THE BEST EDUCATION POSSIBLE AND THEY OBTAIN THE NECESSARY SKILL, KNOWLEDGE AND CONFIDENCE TO SUCCEED IN THEIR FUTURE.

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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 $5,205,814

Program Service Revenue $0

Investment Income $-204,753

Other Revenue $0

TOTAL REVENUE $5,001,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,218,838

Fundraising Expenses $0

Program Expenses $3,986,555

Other Expenses $1,438,485

TOTAL EXPENSES $4,657,323

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,001,061	$5,631,293	-0.1%
Expenses	$4,657,323	$3,172,833	+0.5%
Net Income	$343,738	$2,458,460	-0.9%

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
CARRIE GREGORY	TRUSTEE	N/A	Director	$0	$0	$0
CATHY SMALES	TRUSTEE	N/A	Director	$0	$0	$0
CHRISTINE WHETTEN	TRUSTEE	N/A	Director	$0	$0	$0
BRANDY ANDERSON	VICE CHAIR	N/A	Officer	$0	$0	$0
JESSE JAMES	SECRETARY	N/A	Officer	$0	$0	$0
NATE MILDREN	PRESIDENT	N/A	Officer	$0	$0	$0
JAMES WINER	TREASURER	N/A	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	$5,001,061	$4,657,323	$17,016,628	$343,738
2024	$5,631,293	$3,172,833	$15,544,975	$2,458,460

ELKO INSTITUTE FOR ACADEMIC ACHIEVEMENT