KINGDOM PREPARATORY ACADEMY INC (EIN 274659435) - Form 990 Financial Analysis & Trantor Score

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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

2011

Legal Domicile

Principal Officer

JEANNETTE RUSSELL

Phone

6023058600

Tax Period

2023-01-01 to 2023-12-31

KINGDOM PREPARATORY ACADEMY INC, founded in 2011, is a small nonprofit in the Education sector that reported $436K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $109K, a strong 25% operating margin.

Mission

EDUCATIONAL SERVICES FOR STUDENTS IN ONSITE CAMPUS CLASSROOMS AND FACILITIES FOR DELIVERING HIGH-QUALITY EDUCATION, PREPARING STUDENTS FOR SUCCESS IN LIFE BY THE DEVELOPEMENT OF CHARACTER, LEADERSHIP AND ACCOMPLISHMENT OF LIFE SKILLS.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $405,566

Program Service Revenue $30,844

Investment Income $0

Other Revenue $0

TOTAL REVENUE $436,410

Expense Breakdown

Grants Paid $0

Salaries & Benefits $235,892

Fundraising Expenses $0

Program Expenses $262,266

Other Expenses $91,585

TOTAL EXPENSES $327,477

Year-over-Year Comparison

	2023	2022	Change
Revenue	$436,410	$323,234	+0.4%
Expenses	$327,477	$279,697	+0.2%
Net Income	$108,933	$43,537	+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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

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

$56,658

Total Directors

$56,658

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEANNETTE RUSSELL	PRESIDENT	40.00	Officer Director	$56,658	$0	$56,658
REGINALD HOLMES	DIRECTOR	1.00	Director	$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
2024	No data	No data	No data	No data
2023	$436,410	$327,477	$356,813	$108,933
2022	$323,234	$279,697	$125,218	$43,537
2020	$232,968	$189,532	$188,197	$43,436
2019	$210,862	$183,368	$41,000	$27,494

KINGDOM PREPARATORY ACADEMY INC