FLORIDA HIGH SCHOOL FOR ACCELERATED LEARNING-PALM BEACH COUNTY CAMPUS (EIN 274680978) - 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

2009

Legal Domicile

Principal Officer

THOMAS DOUGLAS

Phone

5615375696

Tax Period

2024-07-01 to 2025-06-30

FLORIDA HIGH SCHOOL FOR ACCELERATED LEARNING-PALM BEACH COUNTY CAMPUS, founded in 2009, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $954K, a strong 16% operating margin.

Mission

A PUBLIC CHARTER SCHOOL THAT PROVIDES UNIQUE LEARNING OPPORTUNITIES TO STUDENTS WHO ARE CURRENTLY UNABLE TO BE SUCCESSFUL IN TRADITIONAL PUBLIC HIGH SCHOOLS. THE FOCUS WILL BE TO ASSIST STUDENTS WHO ARE AGE 16 TO 21 AND WHO ARE AT RISK OF DROPPING OUT OR WHO HAVE ALREADY DROPPED OUT OF TRADITIONAL HIGH SCHOOLS ACHIEVE A HIGH SCHOOL DIPLOMA OR PREPARE FOR POST-SECONDARY EDUCATIONAL OPTIONS.

🔒

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 $1,074,838

Program Service Revenue $4,768,123

Investment Income $0

Other Revenue $13,472

TOTAL REVENUE $5,856,433

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,489,643

Fundraising Expenses $0

Program Expenses $4,277,505

Other Expenses $2,413,255

TOTAL EXPENSES $4,902,898

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,856,433	$5,195,494	+0.1%
Expenses	$4,902,898	$4,040,622	+0.2%
Net Income	$953,535	$1,154,872	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BEVERLY BARTON	SECRETARY/TR	1.00	Officer Director	$0	$0	$0
DR YVETTE COURSEY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
THOMAS DOUGLAS	CHAIR	1.00	Officer 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
2025	$5,856,433	$4,902,898	$6,395,906	$953,535
2024	$5,195,494	$4,040,622	$5,572,630	$1,154,872
2023	$3,645,487	$3,546,909	$4,415,377	$98,578
2022	$3,322,457	$2,344,987	$4,329,138	$977,470
2021	$2,354,950	$2,042,930	$1,458,169	$312,020
2020	$1,792,690	$1,829,566	$1,083,213	$-36,876
2019	$1,853,111	$1,928,249	$1,199,205	$-75,138
2018	$1,901,769	$1,664,224	$1,255,596	$237,545

FLORIDA HIGH SCHOOL FOR ACCELERATED LEARNING-PALM BEACH COUNTY CAMPUS