PROMISE CHRISTIAN ACADEMY (EIN 320188511) - 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

ROBERT JONES

Phone

6364490647

Tax Period

2023-08-01 to 2024-07-31

PROMISE CHRISTIAN ACADEMY, founded in 2006, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Net assets of $5.8M represent 55 months of operating reserves.

Mission

PROMISE CHRISTIAN ACADEMY OFFERS A SPECIALIZED EDUCATION WITH ALTERNATIVE INSTRUCTIONAL APPROACHES ROOTED IN BIBLICAL TRUTH AS INTERPRETED BY THE WESTMINSTER CONFESSION OF FAITH TO HELP THE STUDENTS ACHIEVE THEIR PURPOSE IN LIFE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $336,929

Program Service Revenue $931,897

Investment Income $3,608

Other Revenue $4,615

TOTAL REVENUE $1,277,049

Expense Breakdown

Grants Paid $92,500

Salaries & Benefits $880,631

Fundraising Expenses $0

Program Expenses $1,220,885

Other Expenses $296,241

TOTAL EXPENSES $1,269,372

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,277,049	$1,300,515	0.0%
Expenses	$1,269,372	$1,129,906	+0.1%
Net Income	$7,677	$170,609	-1.0%

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
TAYLOR KUIPER	Treasurer	5.00	Officer Director	$0	$0	$0
BEN STEGMANN	Director	3.00	Director	$0	$0	$0
MATT WALKER	Director	3.00	Director	$0	$0	$0
ERICA EHRHARDT	Director	3.00	Director	$0	$0	$0
MIKE FRENCH	Director	3.00	Director	$0	$0	$0
PAM MUNDORF	Director	3.00	Director	$0	$0	$0
KATHY EICHELBERGER	Secretary	5.00	Officer Director	$0	$0	$0
ROBERT JONES	President	8.00	Officer Director	$0	$0	$0
AMANDA MCDONALD	Vice President	5.00	Officer 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
2024	$1,277,049	$1,269,372	$6,189,618	$7,677
2023	$1,300,515	$1,129,906	$6,184,555	$170,609
2022	$1,257,439	$1,090,333	$6,575,760	$167,106
2021	$1,609,009	$1,006,889	$6,733,029	$602,120
2020	$1,598,916	$1,037,484	$6,804,563	$561,432

PROMISE CHRISTIAN ACADEMY