NORTH PHOENIX PREPARATORY ACADEMY (EIN 273322474) - 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

2010

Legal Domicile

Principal Officer

MATTHEW BUSHARD

Phone

6024387045

Tax Period

2024-07-01 to 2025-06-30

NORTH PHOENIX PREPARATORY ACADEMY, founded in 2010, is a community nonprofit in the Education sector that reported $7.7M in total revenue in fiscal year 2024. Expenses of $7.2M left a modest 7% surplus.

Mission

A NORTH PHOENIX PREPARATORY ACADEMY EDUCATION PREPARES STUDENTS TO BE MORE THAN JUST PROFICIENT TEST TAKERS, BUT RATHER, TO BECOME GREAT-HEARTED LEADERS CAPABLE OF SUCCESS THROUGHOUT THEIR HIGHER EDUCATION AND PROFESSIONAL CAREERS. WITH A CURRICULUM BUILT UPON A CLASSICAL LIBERAL ARTS TRADITION AND A REVOLUTIONARY APPROACH TO SCHOOL ITSELF, GREAT HEARTS CULTIVATES THE HEARTS AND MINDS OF STUDENTS IN THE PURSUIT OF TRUTH, GOODNESS AND BEAUTY.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $546,884

Program Service Revenue $6,876,920

Investment Income $67,205

Other Revenue $252,688

TOTAL REVENUE $7,743,697

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,383,098

Fundraising Expenses $37,790

Program Expenses $6,350,127

Other Expenses $2,845,612

TOTAL EXPENSES $7,228,710

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,743,697	$7,428,403	+0.0%
Expenses	$7,228,710	$6,905,177	+0.0%
Net Income	$514,987	$523,226	0.0%

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

N/A

Volunteers

290

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

$208,175

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MULHERN	CHAIR	2.00	Officer Director	$0	$0	$0
CHRISTOFER PEREYRA	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
JOHN THORPE	SECRETARY	2.00	Officer Director	$0	$0	$0
MONA MOORE	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE JENSEN	ASST HEADMAS	40.00	Officer	$0	$19,537	$102,388
ERIN LENTZ	HEADMASTER	40.00	Officer	$0	$13,013	$105,787

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	$7,743,697	$7,228,710	$12,196,305	$514,987
2024	No data	No data	No data	No data
2023	$6,290,466	$5,996,520	$11,596,231	$293,946
2022	$5,035,114	$4,925,067	$1,534,140	$110,047
2021	$4,938,810	$4,700,671	$1,419,954	$238,139
2020	$4,532,076	$4,485,415	$1,091,158	$46,661
2019	$4,226,222	$4,199,623	$1,013,993	$26,599
2018	$3,628,623	$3,631,470	$966,633	$-2,847

NORTH PHOENIX PREPARATORY ACADEMY