STEM PREPARATORY ACADEMY

EIN: 272163445 501(c)(3) Education

NASHVILLE, TN

Total Revenue
$16,130,652
Total Expenses
$17,051,153
Total Assets
$20,105,796
Net Assets
$10,524,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
TN
Principal Officer
CHARLIE WILLIAMS
Phone
6159212200
Tax Period
2024-07-01 to 2025-06-30

STEM PREPARATORY ACADEMY, founded in 2010, is a mid-sized nonprofit in the Education sector that reported $16.1M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

TO PROVIDE A COLLEGE PREPARATORY EDUCATION WITH AN INTEGRATED FOCUS ON SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS, TO FIFTH THROUGH TWELFTH GRADE STUDENTS IN SOUTH NASHVILLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $15,762,444
Program Service Revenue $46,750
Investment Income $321,458
Other Revenue $0
TOTAL REVENUE $16,130,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,305,632
Fundraising Expenses $0
Program Expenses $9,382,427
Other Expenses $7,745,521
TOTAL EXPENSES $17,051,153

Year-over-Year Comparison

2024 2023 Change
Revenue $16,130,652 $19,682,192 -0.2%
Expenses $17,051,153 $17,981,624 -0.1%
Net Income $-920,501 $1,700,568 -1.5%
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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Governance

Voting Members
7
Independent Members
7
Employees
152
Volunteers
10

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
5
$418,846
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MARILYN ODOM BOARD MEMBER 2.00
Director
$0 $0 $0
MOHAMMED-SHUKRI HASSAN BOARD MEMBER 2.00
Director
$0 $0 $0
DR KRISTIN MCGRANER FORMER EXECUTIVE DIRECTOR 2.00
Director
$0 $0 $0
MAREES CHOPPIN BOARD TREASURER 2.00
Officer Director
$0 $0 $0
MARA RIVERA BOARD MEMBER 2.00
Director
$0 $0 $0
ANNE DAVIS BOARD SECRETARY 2.00
Officer Director
$0 $0 $0
KIM THOMASON BOARD CHAIR 2.00
Officer Director
$0 $0 $0
DEMETRIUS GREER CEO & COO 40.00
Officer
$235,083 $0 $235,083
CHARLIE WILLIAMS DIR OF FINANCE & OPERATIONS 40.00
Officer
$183,763 $0 $183,763
SONYA CRUES HCE 40.00
Highest
$142,115 $0 $142,115
DESHANTA GOODEN HCE 40.00
Highest
$127,646 $0 $127,646
HAROLD GRIFFIN HCE 40.00
Highest
$114,992 $0 $114,992
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 $16,130,652 $17,051,153 $20,105,796 $-920,501
2024 No data No data No data No data
2024 $19,682,192 $17,981,624 $22,706,350 $1,700,568
2023 $18,101,643 $17,155,028 $21,075,599 $946,615
2022 $16,250,518 $14,533,871 $21,886,725 $1,716,647
2021 $16,997,797 $11,749,158 $14,161,717 $5,248,639
2020 $11,742,212 $11,910,866 $10,889,736 $-168,654
2019 $11,658,809 $11,621,400 $9,799,116 $37,409
2018 $10,313,635 $9,616,209 $8,950,458 $697,426
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