PROGRESSIVE LEARNING ACADEMY FOR YOUNG CHILDRENEARLY CHILDHOOD CENTER (EIN 352463490) - 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

2012

Legal Domicile

Principal Officer

TOM SHUBOY

Phone

8103344538

Tax Period

2023-01-01 to 2023-12-31

PROGRESSIVE LEARNING ACADEMY FOR YOUNG CHILDRENEARLY CHILDHOOD CENTER, founded in 2012, is a small nonprofit in the Education sector that reported $239K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $300K exceeded revenue, resulting in a 25% operating deficit.

Mission

THE PURPOSE IS TO PROVIDE BOTH CHILDCARE AND PRESCHOOL EDUCATION TO CHILDREN BETWEEN THE AGES 0F 2 AND 5 IN A CHRISTIAN BASED CENTER.

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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 $107,247

Program Service Revenue $127,487

Investment Income $4,257

Other Revenue $0

TOTAL REVENUE $238,991

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,518

Fundraising Expenses $0

Program Expenses $299,863

Other Expenses $119,345

TOTAL EXPENSES $299,863

Year-over-Year Comparison

	2023	2022	Change
Revenue	$238,991	$376,846	-0.4%
Expenses	$299,863	$294,742	+0.0%
Net Income	$-60,872	$82,104	-1.7%

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

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

$40,875

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM SHUBAY	PRESIDENT	2.00	Officer	$0	$0	$0
MARILYN SCHADE	TRUSTEE	2.00	Director	$0	$0	$0
TOM VAN HEVEL	TRUSTEE	2.00	Director	$0	$0	$0
MARK HALLER	TRUSTEE	2.00	Director	$0	$0	$0
DENISE HALL	TREASURER	40.00	Officer	$40,875	$0	$40,875

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
2023	$238,991	$299,863	$29,389	$-60,872
2021	$269,096	$268,071	$33,942	$1,025

PROGRESSIVE LEARNING ACADEMY FOR YOUNG CHILDRENEARLY CHILDHOOD CENTER