IMAGINE AKRON ACADEMY (EIN 271414401) - 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

2010

Legal Domicile

Principal Officer

ANTHONY BURWELL

Phone

3303791034

Tax Period

2024-07-01 to 2025-06-30

IMAGINE AKRON ACADEMY, founded in 2010, is a small nonprofit in the Education sector that reported $441K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $421K left a modest 5% surplus.

Mission

IMAGINE AKRON ACADEMY PARTNERS WITH PARENTS AND GUARDIANS IN THE EDUCATION OF THEIR CHILDREN BY PROVIDING HIGH QUALITY SCHOOLS THAT PREPARE STUDENTS FOR LIVES OF LEADERSHIP, ACCOMPLISHMENT, AND EXEMPLARY CHARACTER

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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 $441,228

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $441,228

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,939

Fundraising Expenses $0

Program Expenses $420,536

Other Expenses $401,597

TOTAL EXPENSES $420,536

Year-over-Year Comparison

	2024	2023	Change
Revenue	$441,228	$380,475	+0.2%
Expenses	$420,536	$367,997	+0.1%
Net Income	$20,692	$12,478	+0.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY BURWELL	PRESIDENT	10.00	Director	$0	$0	$0
JASON KIDD	TRUSTEE	2.00	Director	$0	$0	$0
JOHNNY MATHIS	TRUSTEE	2.00	Director	$0	$0	$0
CYNTHIA ROBINSON	TRUSTEE	2.00	Director	$0	$0	$0
RENEE ROYAL-SPENCER	TRUSTEE	2.00	Director	$0	$0	$0
RYAN SMITH	TRUSTEE	2.00	Director	$0	$0	$0
JOSHUA SPENCER	TRUSTEE	2.00	Director	$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	$441,228	$420,536	$108,378	$20,692
2024	$380,475	$367,997	$126,126	$12,478
2023	$561,957	$516,958	$157,250	$44,999
2022	$440,757	$342,993	$112,881	$97,764
2021	$406,477	$295,892	$122,050	$110,585
2020	$373,921	$262,180	$73,761	$111,741
2019	$509,557	$384,423	$104,894	$125,134

IMAGINE AKRON ACADEMY