POLK PRE-COLLEGIATE ACADEMY INC (EIN 274846294) - 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

2011

Legal Domicile

Principal Officer

HENRY MANSON

Phone

8639842443

Tax Period

2022-07-01 to 2023-06-30

POLK PRE-COLLEGIATE ACADEMY INC, founded in 2011, is a small nonprofit in the Education sector that reported $201K in total revenue in fiscal year 2022. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $492K exceeded revenue, resulting in a 144% operating deficit.

Mission

TO IMPROVE THE COLLEGE READINESS LEVEL OF STUDENTS THROUGH RIGOROUS AND RELEVANT COLLEGE PREPARATORY ACADEMICS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $195,973

Investment Income $988

Other Revenue $4,438

TOTAL REVENUE $201,399

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,198

Fundraising Expenses $0

Program Expenses $401,337

Other Expenses $336,700

TOTAL EXPENSES $491,898

Year-over-Year Comparison

	2022	2021	Change
Revenue	$201,399	$1,221,061	-0.8%
Expenses	$491,898	$1,135,991	-0.6%
Net Income	$-290,499	$85,070	-4.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HENRY MANSON	BOARD CHAIR	0.50	Director	$0	$0	$0
MATTHEW MOCK	BOARD DIRECT	0.50	Director	$0	$0	$0
CORTINA OWENS	BOARD TREASU	0.50	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
2023	$201,399	$491,898	$119,229	$-290,499
2022	$1,221,061	$1,135,991	$1,097,166	$85,070
2021	$1,197,537	$1,105,719	$1,267,892	$91,818
2020	$1,095,777	$990,276	$1,031,364	$105,501
2019	$951,095	$899,337	$860,822	$51,758

POLK PRE-COLLEGIATE ACADEMY INC