HUTSON SCHOOL INC DBA FORTUNE ACADEMY (EIN 352148108) - 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

2000

Legal Domicile

Principal Officer

VANESSA COLES

Phone

3173770544

Tax Period

2023-07-01 to 2024-06-30

HUTSON SCHOOL INC DBA FORTUNE ACADEMY, founded in 2000, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $849K, a strong 24% operating margin.

Mission

THE HUTSON SCHOOL IS AN INDEPENDENT DAY SCHOOL FOR STUDENTS IN GRADES K THROUGH 12 WITH LANGUAGE LEARNING DISABILITIES. THE MISSION IS TO PROVIDE AN ENVIROMENT THAT NURTURES EACH CHILD'S DEVELOPMENT, BUILDS UPON HIS/HERS INDIVIDUAL STRENGTHS AND OFFERS REMEDIATION IN AREAS OF WEAKNESS.

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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 $1,150,144

Program Service Revenue $2,064,634

Investment Income $48,870

Other Revenue $208,430

TOTAL REVENUE $3,472,078

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,837,849

Fundraising Expenses $54,378

Program Expenses $1,618,246

Other Expenses $784,755

TOTAL EXPENSES $2,622,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,472,078	$2,250,188	+0.5%
Expenses	$2,622,604	$2,337,879	+0.1%
Net Income	$849,474	$-87,691	-10.7%

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

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

$87,211

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VANESSA COLES	HEAD OF SCHO	40.00	Officer	$87,211	$0	$87,211
ALAN BOUWKAMP	BOARD MEMBER	N/A	Director	$0	$0	$0
JEFFREY DODGE	BOARD MEMBER	N/A	Director	$0	$0	$0
BRAD HOOP	BOARD MEMBER	N/A	Director	$0	$0	$0
JENNIFER HORN	BOARD MEMBER	N/A	Director	$0	$0	$0
CHARLES MEADOWS	PRESIDENT	N/A	Officer Director	$0	$0	$0
JULIA RICHTER	BOARD MEMBER	N/A	Director	$0	$0	$0
CHERYL SULLIVAN	BOARD MEMBER	N/A	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
2025	No data	No data	No data	No data
2024	$3,472,078	$2,622,604	$3,894,943	$849,474
2023	$2,250,188	$2,337,879	$2,995,204	$-87,691
2022	$2,636,305	$2,078,134	$3,190,296	$558,171
2021	$2,068,892	$1,992,693	$2,976,025	$76,199

HUTSON SCHOOL INC DBA FORTUNE ACADEMY