LAS VEGAS PREPARATORY (EIN 320511761) - 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

2017

Legal Domicile

Principal Officer

JOHN HAYNAL

Phone

7027469199

Tax Period

2023-07-01 to 2024-06-30

LAS VEGAS PREPARATORY, founded in 2017, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $5.4M exceeded revenue, resulting in a 28% operating deficit.

Mission

EDUCATE EVERY THIRD THROUGH EIGHTH GRADE STUDENT FOR SUCCESS IN HIGH SCHOOL, COLLEGE AND 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 $4,243,872

Program Service Revenue $0

Investment Income $0

Other Revenue $14,085

TOTAL REVENUE $4,257,957

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,189,601

Fundraising Expenses $0

Program Expenses $4,498,325

Other Expenses $2,254,826

TOTAL EXPENSES $5,444,427

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,257,957	$3,481,839	+0.2%
Expenses	$5,444,427	N/A	N/A
Net Income	$-1,186,470	$3,481,839	-1.3%

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

$60,093

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HAYNAL	EXECUTIVE DIRECTOR (BEGAN JULY 2023)	40.00	Officer	$49,167	$10,926	$60,093
DAVID BLODGETT	EXECUTIVE DIRECTOR (LEFT JUNE 2023)	40.00		$45,261	$4,455	$49,716
PAOLA GONZALEZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
PATRICE TEW	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JAMES MCINTOSH	TREASURER	1.00	Officer Director	$0	$0	$0
BRANDON BEST	SECRETARY	1.00	Officer Director	$0	$0	$0
SHARI BROWN	DIRECTOR	1.00	Director	$0	$0	$0
EVELYN GARCIA MORALES	DIRECTOR	1.00	Director	$0	$0	$0
ROB MALLERY	DIRECTOR	1.00	Director	$0	$0	$0
TAMARA SHEAR	DIRECTOR	1.00	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	$4,257,957	$5,444,427	$15,502,436	$-1,186,470
2023	$3,314,748	$5,251,280	$15,174,107	$-1,936,532
2022	$2,715,882	$3,648,257	$15,609,427	$-932,375
2021	$2,658,887	$2,298,623	$1,723,876	$360,264
2020	$1,964,202	$2,088,116	$1,375,825	$-123,914
2019	$1,462,863	$1,295,278	$442,840	$167,585

LAS VEGAS PREPARATORY