SEEDS OF EXCELLENCE EARLY LEARNING ACADEMY INC (EIN 271556002) - 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

2009

Legal Domicile

Principal Officer

EUGENE WALLACE

Phone

6784265560

Tax Period

2022-01-01 to 2022-12-31

SEEDS OF EXCELLENCE EARLY LEARNING ACADEMY INC, founded in 2009, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2022. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $2.5M exceeded revenue, resulting in a 55% operating deficit.

Mission

SEEDS OF EXCELLENCE CHRISTIAN ACADEMY PROVIDES CHRISTIAN TEACHING DEDICATED TO NURTURING THE WHOLE CHILD: SPIRIT, MIND, AND BODY.

🔒

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 $464,192

Program Service Revenue $1,169,266

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,633,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,639,983

Fundraising Expenses $52,884

Program Expenses $2,157,699

Other Expenses $894,374

TOTAL EXPENSES $2,534,357

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,633,458	$1,077,283	+0.5%
Expenses	$2,534,357	$1,724,901	+0.5%
Net Income	$-900,899	$-647,618	+0.4%

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

$291,987

Total Directors

$291,987

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NINA BRONNER	PRESIDENT OF BOARD	1.00	Officer Director	$0	$24,841	$93,124
ALFRED WATKINS	BOARD DIRECTOR	1.00	Director	$0	$0	$0
A STACIE OWENS	SECRETARY	1.00	Officer Director	$0	$0	$0
ANGELA HAIRSTON	BOARD DIRECTOR	1.00	Director	$0	$0	$0
EUGENE WALLACE	CEO & HEAD OF SCHOOL	50.00	Officer Director	$76,050	$0	$76,050
PAUL PUZIG	TREASURER	1.00	Officer Director	$0	$46,008	$122,813

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
2022	$1,633,458	$2,534,357	$270,770	$-900,899
2021	$1,077,283	$1,724,901	$204,750	$-647,618
2020	$643,461	$1,452,290	$72,252	$-808,829
2019	$1,434,620	$1,759,070	$109,016	$-324,450

SEEDS OF EXCELLENCE EARLY LEARNING ACADEMY INC