JOSHUA ACADEMY INC

EIN: 352047295 501(c)(3) Education

EVANSVILLE, IN

Total Revenue
$4,087,654
Total Expenses
$3,306,709
Total Assets
$3,075,696
Net Assets
$3,075,696
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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
1998
Legal Domicile
IN
Principal Officer
MADISON SCHULER
Phone
8124016300
Tax Period
2023-07-01 to 2024-06-30

JOSHUA ACADEMY INC, founded in 1998, is a community nonprofit in the Education sector that reported $4.1M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $781K, a strong 19% operating margin.

Mission

TO PROVIDE A NURTURING LEARNING ENVIRONMENT THAT ALLOWS CHILDREN TO UNIQUELY DEVELOP INTO WELL-ROUNDED INDIVIDUALS WHO CAN REACH THEIR FULLEST POTENTIAL. JOSHUA ACADEMY SERVES CHILDREN THROUGH A CURRICULUM THAT IS CONDUCIVE TO ALL LEARNING STYLES. JOSHUA ACADEMY STRIVES TO PROVIDE A HIGH-QUALITY EDUCATIONAL EXPERIENCE, THAT IS SIMILAR TO THAT OF OTHER PRIVATE SCHOOLS, TO CHILDREN WHO WOULD OTHERWISE NOT BE ABLE TO AFFORD SUCH AN EXPERIENCE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,940,425
Program Service Revenue $134,530
Investment Income $0
Other Revenue $12,699
TOTAL REVENUE $4,087,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,081,529
Fundraising Expenses $12,000
Program Expenses $2,079,191
Other Expenses $1,225,180
TOTAL EXPENSES $3,306,709

Year-over-Year Comparison

2023 2022 Change
Revenue $4,087,654 $3,715,035 +0.1%
Expenses $3,306,709 $3,242,742 +0.0%
Net Income $780,945 $472,293 +0.7%
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
8
Independent Members
8
Employees
76
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTEIA FINOTT BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES SNEPP BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA JEFFERSON BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY WALLS BOARD MEMBER 1.00
Director
$0 $0 $0
ZACHARY LAGRANGE PRESIDENT 1.00
Officer
$0 $0 $0
MADISON SCHULER TREASURER 1.00
Officer
$0 $0 $0
RHEA JONES PRICE SECRETARY 1.00
Officer
$0 $0 $0
MITZI BURNS PTF REP 1.00
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 No data No data No data No data
2024 $4,087,654 $3,306,709 $3,075,696 $780,945
2023 $3,715,035 $3,242,742 $2,294,751 $472,293
2022 $3,380,576 $2,802,708 $1,822,458 $577,868
2021 $2,898,616 $2,497,950 $1,244,590 $400,666
2020 $2,444,121 $2,201,329 $843,924 $242,792
2019 $2,024,171 $1,894,671 $601,132 $129,500
2018 $1,856,069 $1,873,041 $388,705 $-16,972
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