Achieve Arts Academy

EIN: 301099027 501(c)(3) Human Services

Winston Salem, NC

Total Revenue
$802,190
Total Expenses
$802,190
Total Assets
N/A
Net Assets
N/A
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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

Legal Domicile
NC
Principal Officer
Wilton Mitchell
Phone
3365759397
Tax Period
2024-01-01 to 2024-12-31

Achieve Arts Academy is a small nonprofit in the Human Services sector that reported $802K in total revenue in fiscal year 2024. Revenue surged 45% from the prior year, signaling strong growth momentum.

Mission

Activating creativity and hope by inspiring excellence and valuaing education

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $802,190
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $802,190

Expense Breakdown

Grants Paid $0
Salaries & Benefits $635,267
Fundraising Expenses $0
Program Expenses $802,190
Other Expenses $166,923
TOTAL EXPENSES $802,190

Year-over-Year Comparison

2024 2023 Change
Revenue $802,190 $553,420 +0.4%
Expenses $802,190 $553,420 +0.4%
Net Income $0 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILTON E MITCHELL CEO 0.00
Officer
$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 $802,190 $802,190 No data No data
2023 $553,420 $553,420 No data No data
2022 $561,062 $503,033 No data $58,029
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