RICHARD ALLEN ACADEMY (EIN 311653467) - 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

1999

Legal Domicile

Principal Officer

TODD JOHNSON

Phone

9375869500

Tax Period

2024-07-01 to 2025-06-30

RICHARD ALLEN ACADEMY, founded in 1999, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. The organization ran a surplus of $455K, a strong 17% operating margin.

Mission

RICHARD ALLEN SCHOOLS ARE COMMITTED TO EDUCATING STUDENTS IN THE SPIRIT OF THE LIFE OF THE COURAGEOUS LEADER, BISHOP RICHARD ALLEN. CONSEQUENTLY, INTEGRAL TO THEIR INTELLECTUAL, MORAL, AND SOCIAL DEVELOPMENT, RICHARD ALLEN GRADUATES: DEMONSTRATE ACADEMIC PROFICIENCY, DEMONSTRATE SELF-DISCIPLINE AND SELF-RELIANCE, RESPECT THE WORTH AND DIGNITY OF SELF AND OTHERS, EMBRACE RESPONSIBILITY,ACTIVE CITIZENRY, SERVE OTHERS: ESPECIALLY THE DISADVANTAGED, AND WORK TO ACHIEVE THEIR FULL POTENTIAL.

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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 $2,538,733

Program Service Revenue $0

Investment Income $48,556

Other Revenue $62,897

TOTAL REVENUE $2,650,186

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,791

Fundraising Expenses $0

Program Expenses $2,194,964

Other Expenses $2,132,173

TOTAL EXPENSES $2,194,964

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,650,186	$2,782,475	0.0%
Expenses	$2,194,964	$1,884,474	+0.2%
Net Income	$455,222	$898,001	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA KIDD	MEMBER	1.00	Director	$0	$0	$0
COREY LYNN PATTON	MEMBER	1.00	Director	$0	$0	$0
CONNIE MELSON	MEMBER	1.00	Director	$0	$0	$0
LAURIE QUILL	MEMBER	1.00	Director	$0	$0	$0
RHINE MCLIN	PRESIDENT	1.00	Director	$0	$0	$0
TODD JOHNSON	TREASURER	10.00	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
2025	$2,650,186	$2,194,964	$2,099,030	$455,222
2024	$2,782,475	$1,884,474	$2,264,133	$898,001
2023	$2,059,715	$1,734,117	$1,740,870	$325,598
2022	$1,978,939	$1,801,864	$598,206	$177,075
2021	$1,859,899	$1,894,130	$513,774	$-34,231
2020	$1,721,148	$1,738,052	$626,397	$-16,904
2019	$1,535,035	$1,386,834	$901,188	$148,201
2018	$1,947,849	$2,080,256	$1,683,540	$-132,407

RICHARD ALLEN ACADEMY