CHILDREN OF PROMISE PREPARATORY ACADEMY (EIN 273714608) - 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

Phone

3106773045

Tax Period

2019-07-01 to 2020-06-30

CHILDREN OF PROMISE PREPARATORY ACADEMY, founded in 2010, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2019. Revenue decreased 7% compared to the prior year.

Mission

TO DEVELOP A CURRICULUM THAT DEVELOPS VALUES AND WHOLENESS. WE WILL EQUIP EACH CHILD WITH HE TOOLS THEY NEED TO ACHIEVE THEIR PURPOSE IN LIFE.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $4,492,558

Program Service Revenue $0

Investment Income $1,678

Other Revenue $0

TOTAL REVENUE $4,494,236

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,795,731

Fundraising Expenses $10,755

Program Expenses $3,702,541

Other Expenses $2,118,877

TOTAL EXPENSES $4,914,608

Year-over-Year Comparison

	2019	2018	Change
Revenue	$4,494,236	$4,825,894	-0.1%
Expenses	$4,914,608	$5,131,817	0.0%
Net Income	$-420,372	$-305,923	+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

N/A

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

$111,480

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kennedy Hilario	N/A	40.00		$114,835	$0	$114,835
DR CARLETON LINCOLN	CEO	40.00	Officer	$111,480	$0	$111,480
Trena Lawson	N/A	40.00		$106,069	$0	$106,069
DR CANDACE BENTON	President	1.00	Director	$0	$0	$0
NAOMI COX	Secretary	1.00	Director	$0	$0	$0
HENRY LEOPOLD	Trustee	1.00	Director	$0	$0	$0
RODNEY JOHNSON	Trustee	1.00	Director	$0	$0	$0
DUANE BARTCH	Trustee	1.00	Director	$0	$0	$0
DR RICHELLE BROOKS	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
2020	$4,494,236	$4,914,608	$7,118,858	$-420,372
2019	$4,825,894	$5,131,817	$7,482,583	$-305,923
2018	$4,709,491	$4,584,252	$7,967,893	$125,239

CHILDREN OF PROMISE PREPARATORY ACADEMY