HEROES ACADEMY INC (EIN 264263977) - 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

2006

Legal Domicile

Principal Officer

MARIO BARNES

Phone

3162028774

Tax Period

2022-07-01 to 2023-06-30

HEROES ACADEMY INC, founded in 2006, is a small nonprofit in the Crime & Legal sector that reported $366K in total revenue in fiscal year 2022. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $411K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE CHARACTER-BUILDING EXPERIENCES FOR YOUTH FOCUSED ON EDUCATION, OPPORTUNITY, DEVELOPMENT

🔒

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 $366,125

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $366,125

Expense Breakdown

Grants Paid $0

Salaries & Benefits $158,012

Fundraising Expenses $150

Program Expenses $252,270

Other Expenses $252,970

TOTAL EXPENSES $410,982

Year-over-Year Comparison

	2022	2021	Change
Revenue	$366,125	$249,877	+0.5%
Expenses	$410,982	$400,672	+0.0%
Net Income	$-44,857	$-150,795	-0.7%

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

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

$66,731

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CORINTHIAN KELLY	CHAIR	1.00	Officer Director	$0	$0	$0
LASHEA BELL	TREASURER	1.00	Officer Director	$0	$0	$0
TJ EVERETT	SECRETARY	1.00	Officer Director	$0	$0	$0
BEN MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
NIKI CHILDERS	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE BELL	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN HARRISON	DIRECTOR	1.00	Director	$0	$0	$0
COURTNEY BENGTSON	PRESIDENT THRU 2022	1.00	Officer Director	$0	$0	$0
JOEL DAVIS	TREASURER THRU 2022	1.00	Officer Director	$0	$0	$0
AKEAM ASHFORD	SECRETARY THRU 2022	1.00	Officer Director	$0	$0	$0
CAREEM GLADNEY	DIRECTOR THRU 2022	1.00	Director	$0	$0	$0
TASHA PARKER	DIRECTOR THRU 2022	1.00	Director	$0	$0	$0
MELISSSA KNOEBER	DIRECTOR THRU 2022	1.00	Director	$0	$0	$0
JONATHAN MCROY	DIRECTOR THRU 2022	1.00	Director	$0	$0	$0
KYLE ELLISON	EXECUTIVE DIRECTOR; THRU JULY 2022	40.00	Officer	$66,731	$0	$66,731
MARIO BARNES	EXECUTIVE DIRECTOR	40.00	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
2023	$366,125	$410,982	$109,379	$-44,857
2022	$249,877	$400,672	$136,827	$-150,795
2021	$191,797	$265,903	$308,842	$-74,106
2020	$200,877	$224,372	$225,560	$-23,495
2018	$251,359	$186,826	$191,202	$64,533

HEROES ACADEMY INC