GLOBAL ACADEMY (EIN 300417217) - 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

2006

Legal Domicile

Principal Officer

MELISSA STORBAKKEN

Phone

7634048200

Tax Period

2024-07-01 to 2025-06-30

GLOBAL ACADEMY, founded in 2006, is a community nonprofit in the Education sector that reported $8.9M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

TO PREPARE STUDENTS FOR SUCCESS AND LEADERSHIP IN CHALLENGING HIGH SCHOOL PROGRAMS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $8,913,044

Program Service Revenue $26,319

Investment Income $93

Other Revenue $2,190

TOTAL REVENUE $8,941,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,622,776

Fundraising Expenses $0

Program Expenses $8,230,729

Other Expenses $3,369,931

TOTAL EXPENSES $8,992,707

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,941,646	$9,435,893	-0.1%
Expenses	$8,992,707	$8,949,182	+0.0%
Net Income	$-51,061	$486,711	-1.1%

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

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

$502,342

Total Directors

$477,230

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIM FIELDS	BOARD CHAIR/TEACHER	41.00	Officer Director	$82,161	$20,314	$102,475
MEGAN HENDRICKS	SECRETARY/TEACHER	41.00	Officer Director	$68,810	$32,869	$101,679
SUSAN ELTAWELY	TREASURER/TEACHER	41.00	Officer Director	$82,646	$32,028	$114,674
STEPHANIE LENNARTSON	BOARD MEMBER/TEACHER	41.00	Director	$57,924	$19,703	$77,627
ANDREA RAAD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHELSEA PELZER	BOARD MEMBER/TEACHER	41.00	Director	$65,431	$15,344	$80,775
MAHDI KHORISANI	BOARD MEMBER	1.00	Director	$0	$0	$0
ZAKKIYYA ABDULWAHID SELBY	BOARD MEMBER	1.00	Director	$0	$0	$0
MELISSA STORBAKKEN	EXECUTIVE DIRECTOR	40.00	Officer	$157,225	$26,289	$183,514
KARI WAGNER	GRADES 5-8 ASSISTANT DIRECTOR	40.00	Highest	$110,651	$22,440	$133,091
REBECCA LEE BAUER	DIRECTOR	40.00	Highest	$126,729	$36,564	$163,293
CHARISE POWELL	GRADES K-4 ASSISTANT DIRECTOR	40.00	Highest	$109,353	$35,348	$144,701

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	$8,941,646	$8,992,707	$4,001,053	$-51,061
2024	No data	No data	No data	No data
2023	$8,458,729	$8,565,275	$4,494,594	$-106,546
2022	$9,474,801	$8,834,285	$4,734,311	$640,516
2021	$7,786,026	$7,444,261	$4,984,583	$341,765
2020	$7,472,048	$7,387,214	$4,957,209	$84,834
2019	$7,151,633	$6,922,292	$5,271,562	$229,341
2018	$6,466,212	$7,518,050	$5,603,631	$-1,051,838

GLOBAL ACADEMY