Stride Academy Building Company

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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

2015

Legal Domicile

Principal Officer

Eric Skanson

Phone

3202305340

Tax Period

2024-07-01 to 2025-06-30

Stride Academy Building Company, founded in 2015, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 4% surplus.

Mission

The corporation was organized and shall be operated exclusively in support of Stride Academy. In particular, to purchase and own a public schoolhouse on real estate for lease to Stride Academy.

Program Service Accomplishments

Program 1

Expenses: $1,261,554 Revenue: $1,313,250

During the fiscal year ended June 30, 2017, the Building Company purchased the Stride school building. The building company leases the building to Stride Academy in support of its mission.

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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 $0

Program Service Revenue $1,313,250

Investment Income $77,549

Other Revenue $0

TOTAL REVENUE $1,390,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,261,554

Other Expenses $1,339,281

TOTAL EXPENSES $1,339,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,390,799	$1,407,500	0.0%
Expenses	$1,339,281	$1,717,503	-0.2%
Net Income	$51,518	$-310,003	-1.2%

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

N/A

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

$311,016

Total Directors

$139,918

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nathan Schweiters	President/Principal	1.00	Officer Director	$0	$20,595	$139,918
Neil Theisen	Vice President	1.00	Officer Director	$0	$0	$0
Cory Heinen	Member	1.00	Director	$0	$0	$0
Monica Schraut	Member	1.00	Director	$0	$0	$0
Eric Skanson	Executive Director	1.00	Officer	$0	$23,599	$171,098

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	$1,390,799	$1,339,281	$14,789,002	$51,518
2024	No data	No data	No data	No data
2023	$1,327,924	$1,312,290	$15,004,882	$15,634
2022	$1,193,847	$1,208,544	$13,829,585	$-14,697
2021	$1,437,318	$1,254,838	$14,195,739	$182,480
2020	$1,209,845	$1,266,439	$14,924,187	$-56,594
2019	$903,472	$1,285,826	$14,964,845	$-382,354
2018	$1,218,068	$1,282,580	$15,358,055	$-64,512