Sherman Academy Inc

EIN: 273201320 501(c)(3) Education

Winston Salem, NC

Total Revenue
$199,557
Total Expenses
$196,090
Total Assets
$-12,202
Net Assets
$-12,202
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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
NC
Principal Officer
Jennifer Sherman
Tax Period
2025-01-01 to 2025-12-31

Sherman Academy Inc, founded in 2010, is a small nonprofit in the Education sector that reported $200K in total revenue in fiscal year 2025. Revenue surged 80% from the prior year, signaling strong growth momentum.

Mission

To educate students one child at a time

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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 (2025)

Revenue Breakdown

Contributions & Grants $167,135
Program Service Revenue $32,422
Investment Income $0
Other Revenue $0
TOTAL REVENUE $199,557

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,621
Fundraising Expenses $0
Program Expenses $196,090
Other Expenses $137,469
TOTAL EXPENSES $196,090

Year-over-Year Comparison

2025 2024 Change
Revenue $199,557 $110,773 +0.8%
Expenses $196,090 $116,917 +0.7%
Net Income $3,467 $-6,144 -1.6%
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
N/A
Volunteers
5

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Sherman 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
2025 $199,557 $196,090 $-12,202 $3,467
2024 No data No data No data No data
2023 $70,027 $63,045 $11,075 $6,982
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