REIGN HOMESCHOOLING ACADEMY (EIN 263870011) - 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

KEVIN MYERS

Phone

3868988188

Tax Period

2023-01-01 to 2023-12-31

REIGN HOMESCHOOLING ACADEMY, founded in 2009, is a small nonprofit in the Education sector that reported $833K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $787K left a modest 6% surplus.

Mission

TO WORK IN A COLLECTIVE EFFORT TO INSPIRE TRUE CHANGES IN THE COMMUNITY BY DEVELOPING AND EXPANDING EDUCATIONAL, FINANCIAL, AND SPIRITUAL RESOURCES FOR THE YOUTH IN OUR COMMUNITY BY OFFERING PROGRAMS FOR YOUTH EMPOWERMENT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $833,495

Investment Income $0

Other Revenue $0

TOTAL REVENUE $833,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $444,230

Fundraising Expenses $0

Program Expenses $671,654

Other Expenses $343,248

TOTAL EXPENSES $787,478

Year-over-Year Comparison

	2023	2022	Change
Revenue	$833,495	$683,853	+0.2%
Expenses	$787,478	$555,039	+0.4%
Net Income	$46,017	$128,814	-0.6%

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
KELLY FORRESTER	SECRETARY	N/A	Officer	$0	$0	$0
DEON MYERS	VICE PRESIDE	N/A	Officer	$0	$0	$0
KEVIN MYERS	PRESIDENT	N/A	Officer	$0	$0	$0
BRUCE ROBBINS	HISTORIAN	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
2023	$833,495	$787,478	$561,424	$46,017
2022	$683,853	$555,039	$518,227	$128,814
2021	$1,071,209	$809,335	$389,413	$261,874
2019	$277,470	$276,593	$19,813	$877
2018	$293,494	$285,460	$18,936	$8,034

REIGN HOMESCHOOLING ACADEMY