JOHN ADAMS ACADEMIES INC

EIN: 271896345 501(c)(3) Education

ROSEVILLE, CA

Total Revenue
$58,892,781
Total Expenses
$56,668,859
Total Assets
$134,128,101
Net Assets
$12,710,370
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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
CA
Principal Officer
JOSEPH BENSON
Phone
9167806800
Tax Period
2022-07-01 to 2023-06-30

JOHN ADAMS ACADEMIES INC, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $58.9M in total revenue in fiscal year 2022. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $56.7M left a modest 4% surplus.

Mission

JOHN ADAMS ACADEMIES, INC. (JAA) IS RESTORING AMERICA'S HERITAGE BY DEVELOPING SERVANT LEADERS WHO ARE KEEPERS AND DEFENDERS OF THE PRINCIPLES OF FREEDOM WHICH OUR FOUNDING FATHERS PLEDGED THEIR LIVES, FORTUNES, AND SACRED HONOR.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $58,632,328
Program Service Revenue $64,473
Investment Income $143,917
Other Revenue $52,063
TOTAL REVENUE $58,892,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,053,994
Fundraising Expenses $1,609
Program Expenses $53,302,231
Other Expenses $21,614,865
TOTAL EXPENSES $56,668,859

Year-over-Year Comparison

2022 2021 Change
Revenue $58,892,781 $44,872,986 +0.3%
Expenses $56,668,859 $42,132,979 +0.3%
Net Income $2,223,922 $2,740,007 -0.2%
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

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Governance

Voting Members
5
Independent Members
5
Employees
697
Volunteers
1000

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
4
$215,418
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DEAN FORMAN CHAIRMAN 10.00
Officer Director
$0 $0 $0
TRICIA NIELSEN VICE-CHAIR 5.00
Officer Director
$0 $0 $0
ROY BRAATZ CFO 5.00
Officer Director
$0 $0 $0
JOHN BRENNAN SECRETARY 5.00
Director
$0 $0 $0
TAMARA BENNET TRUSTEE 5.00
Director
$0 $0 $0
JOSEPH BENSON EXECUTIVE DIRECTOR 50.00
Officer
$199,100 $16,318 $215,418
TROY HENKE SUPERINTENDENT 50.00
Highest
$141,415 $14,587 $156,002
MEGAHAN MUYANJA DEPUTY SUPERINTENDENT 50.00
Highest
$111,762 $12,592 $124,354
ELIZABETH YEROCOSTAS DEPUTY SUPERINTENDENT 50.00
Highest
$116,357 $3,734 $120,091
NORMAN GONZALES DIRECTOR OF OUTREACH & COMPLIANCE 50.00
Highest
$111,083 $13,643 $124,726
CYNTHIA ROWEN DIRECTOR OF HUMAN RESOURCES 50.00
Highest
$110,656 $4,491 $115,147
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 No data No data No data No data
2024 No data No data No data No data
2023 $58,892,781 $56,668,859 $134,128,101 $2,223,922
2022 $44,872,986 $42,132,979 $92,965,618 $2,740,007
2021 $33,331,192 $31,655,432 $92,643,599 $1,675,760
2020 $25,891,395 $24,684,194 $88,931,826 $1,207,201
2019 $20,810,830 $19,725,192 $48,853,918 $1,085,638
2018 $16,436,372 $15,958,931 $49,738,439 $477,441
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