The Oaks Academy Inc

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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

Phone

3179313043

Tax Period

2024-08-01 to 2025-07-31

The Oaks Academy Inc, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $21.5M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $4.7M, a strong 22% operating margin.

Mission

THE OAKS ACADEMY OFFERS AN ISACS (INDEPENDENT SCHOOLS ASSOCIATION OF THE CENTRAL STATES) ACCREDITED LIBERAL ARTS EDUCATION FOR STUDENTS FROM PRE-KINDERGARTEN THROUGH EIGHTH GRADE. THE MISSION OF THE OAKS IS TO BE A CHRIST-CENTERED SCHOOL THAT PROVIDES A RICH, CLASSICAL EDUCATION TO CHILDREN OF DIVERSE RACIAL AND SOCIOECONOMIC BACKGROUNDS, PREPARING THEM TO SUCCEED IN A RIGOROUS SECONDARY EDUCATIONAL PROGRAM AND TO DEMONSTRATE SPIRITUAL, SOCIAL AND EMOTIONAL MATURITY.

Program Service Accomplishments

Program 1

Expenses: $13,507,342 Revenue: $17,001,686

INSTRUCTION FOR GRADES PRE-K THROUGH GRADE 8 (EDUCATING APPROXIMATELY 1101 STUDENTS).

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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 $4,014,876

Program Service Revenue $17,001,686

Investment Income $503,227

Other Revenue $0

TOTAL REVENUE $21,519,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,074,661

Fundraising Expenses $1,075,747

Program Expenses $13,507,342

Other Expenses $4,750,228

TOTAL EXPENSES $16,824,889

Year-over-Year Comparison

	2024	2023	Change
Revenue	$21,519,789	$18,042,538	+0.2%
Expenses	$16,824,889	$15,754,962	+0.1%
Net Income	$4,694,900	$2,287,576	+1.1%

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

320

Volunteers

100

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

$1,070,263

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA SANDERS	VICE CHAIR	2.0	Officer Director	$0	$0	$0
JOE MEYER	CHAIR	2.0	Officer Director	$0	$0	$0
KAREGA RAUSCH	TREASURER	2.0	Officer Director	$0	$0	$0
SHANNON WILLIAMS	CHAIR EMERTIS	2.0	Officer Director	$0	$0	$0
TAYLOR BROWN	SECRETARY	2.0	Officer Director	$0	$0	$0
ANGELA WHITE-RANDOLPH	BOARD MEMBER	2.0	Director	$0	$0	$0
DIAMOND MCDONALD	BOARD MEMBER	2.0	Director	$0	$0	$0
JIM STANLEY	BOARD MEMBER	2.0	Director	$0	$0	$0
KARA HAWKINS	BOARD MEMBER	2.0	Director	$0	$0	$0
Marcia Roberts	Board Member	2.0	Director	$0	$0	$0
Ryan Waggoner	Board Member	2.0	Director	$0	$0	$0
SCOTT KIESEL	BOARD MEMBER	2.0	Director	$0	$0	$0
SHONDRIA SEATON	BOARD MEMBER	2.0	Director	$0	$0	$0
STEPHANIE BOTHUN	BOARD MEMBER	2.0	Director	$0	$0	$0
Steve Kerr	Board Member	2.0	Director	$0	$0	$0
STEVE O'NEIL	BOARD MEMBER	2.0	Director	$0	$0	$0
TAWANA WARE	BOARD MEMBER	2.0	Director	$0	$0	$0
ANDREW HART	CEO	40.0	Officer	$244,717	$23,405	$268,122
BRUCE CRAWFORD	HEAD OF SCHOOL - FALL CREEK	40.0	Officer	$124,333	$3,730	$128,063
KELLY ALTMAN	HEAD OF SCHOOL - BROOKSIDE	40.0	Officer	$143,732	$15,074	$158,806
LAURA GRAMMER	HEAD OF SCHOOL - MIDDLE SCHOOL	40.0	Officer	$141,358	$5,041	$146,399
Michael Updike	Chief Technology Officer	40.0	Officer	$112,012	$25,720	$137,732
NATHAN HAND	DIRECTOR OF ADVANCEMENT	40.0	Officer	$139,053	$22,420	$161,473
TIM DOOLEY	CFO	40.0	Officer	$63,024	$6,644	$69,668

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	$21,519,789	$16,824,889	$18,292,555	$4,694,900
2024	$18,042,538	$15,754,962	$13,395,745	$2,287,576
2023	$21,504,396	$16,656,599	$11,021,673	$4,847,797
2022	$16,432,812	$16,539,604	$6,235,160	$-106,792
2021	$17,454,996	$13,503,869	$7,476,421	$3,951,127
2020	$14,029,866	$15,986,498	$3,659,734	$-1,956,632
2019	$11,669,918	$12,194,557	$3,207,577	$-524,639
2018	$11,302,865	$10,713,920	$3,505,448	$588,945