Victory 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

2008

Legal Domicile

Principal Officer

THEA SCHREIBER

Phone

5035700147

Tax Period

2024-09-01 to 2025-08-31

Victory Academy Inc, founded in 2008, is a community nonprofit in the Education sector that reported $4.2M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

VICTORY ACADEMYS MISSION IS TO PROVIDE CHILDREN AFFECTED BY AUTISM SPECTRUM DISORDER WITH AN INTEGRATED ACADEMIC AND THERAPEUTIC PROGRAM, CAREFULLY DESIGNED TO ADDRESS AN INDIVIDUALS STRENGTHS AND CHALLENGES. VICTORY FOSTERS THE DEVELOPMENT OF MEANINGFUL RELATIONSHIPS AND THE ACHIEVEMENT OF LIFE-LONG LEARNING.

Program Service Accomplishments

Program 1

Expenses: $3,797,430 Revenue: $2,546,516

VICTORY ACADEMY IS A PRIVATE, REGISTERED NON-PROFIT SCHOOL APPROVED BY THE OREGON DEPARTMENT OF EDUCATION, AND MAINTAINS ACTIVE MEMBERSHIPS WITH NAIS (NATIONAL ASSOCIATION OF INDEPENDENT SCHOOLS) AND CASP (COUNCIL OF AUTISM SERVICE PROVIDERS). VICTORY ACADEMY SERVES CHILDREN, TEENS, AND YOUNG ADULTS AFFECTED BY AUTISM AND RELATED LEARNING DIFFERENCES IN GRADES K-12, OFFERING A FIVE-YEAR HIGH SCHOOL PROGRAM WITH BOTH MODIFIED AND OREGON DIPLOMAS. THE COMPASS PROGRAM IS A FULL-DAY YEAR-ROUND INITIATIVE THAT OFFERS A ROBUST MENU OF ENRICHMENT CLASSES, ACTIVITIES, AND WORK ENDEAVORS TO ITS PARTICIPANTS. VICTORY BEGAN ITS 16TH YEAR OF OPERATION IN SEPTEMBER 2024 WITH 69 K-12 STUDENTS AND 5 COMPASS STUDENTS. VICTORY ALSO ADDED TO OUR EXISTING FACILITIES WITH THE CONSTRUCTION OF A NEW, STATE OF THE ART BUILDING DEDICATED TO THE COMPASS PROGRAM. THE SCHOOL IS UNIQUE FROM MOST PUBLIC-SCHOOL SETTINGS IN OREGON, AS VICTORY CONTINUES TO OPERATE YEAR-ROUND, SEVEN HOURS PER DAY, WITH LOW STUDENT TO TEACHER RATIOS (APPROXIMATELY 1:3). IN ADDITION TO ITS ACADEMIC PROGRAMS, VICTORY OFFERS SPECIALIZED THERAPIES AND COURSES SPECIFICALLY DESIGNED TO MEET VARIED LEARNING PROFILES. OFFERINGS INCLUDE APPLIED BEHAVIOR ANALYSIS, ADAPTED PHYSICAL EDUCATION, ART, ALTERNATIVE AND AUGMENTATIVE COMMUNICATION, COMMUNITY-BASED INSTRUCTION, OCCUPATIONAL THERAPY, HEALTH AND WELLNESS, PROJECT-BASED LEARNING, SENSORY INTEGRATION, SOCIAL SKILLS, SPEECH AND LANGUAGE, TRANSITION SERVICES, AND WORK EXPERIENCE. THERE IS CURRENTLY NO OTHER SCHOOL MODEL LIKE VICTORY IN OREGON.

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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 $1,532,954

Program Service Revenue $2,546,516

Investment Income $20,915

Other Revenue $102,839

TOTAL REVENUE $4,203,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,601,397

Fundraising Expenses $161,389

Program Expenses $3,797,430

Other Expenses $861,080

TOTAL EXPENSES $4,462,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,203,224	$5,609,704	-0.3%
Expenses	$4,462,477	$4,248,603	+0.1%
Net Income	$-259,253	$1,361,101	-1.2%

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

130

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

$124,022

Total Directors

$275,001

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRICIA HASBROOK	DIR OF SCHOOL	40.00	Director	$121,622	$29,357	$150,979
THEA SCHREIBER	BOARD CHAIR	40.00	Officer Director	$121,622	$2,400	$124,022
KRISTINA MONTGOMERY	LEAD TEACHER	40.00		$116,220	$6,304	$122,524
LARKIN FRANKS	BOARD MEMBER	3.00	Director	$0	$0	$0
KEVIN BRAGUE	BOARD MEMBER	3.00	Director	$0	$0	$0
JAMES MEYER	BOARD MEMBER	3.00	Director	$0	$0	$0
BARBARA DEEMING	BOARD MEMBER	3.00	Director	$0	$0	$0
SARAH RAYMOND	Secretary	3.00	Director	$0	$0	$0
PATRICIA TRUNZO	BOARD MEMBER	3.00	Director	$0	$0	$0
ROD BREMER	BOARD MEMBER	3.00	Director	$0	$0	$0
SUDEEP TAKSALI	BOARD MEMBER	3.00	Director	$0	$0	$0
KATRINA MCNEAL	BOARD MEMBER	3.00	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
2025	$4,203,224	$4,462,477	$8,189,208	$-259,253
2024	$5,609,704	$4,248,603	$8,646,200	$1,361,101
2023	$3,707,221	$3,826,609	$7,142,274	$-119,388
2022	$3,642,634	$3,567,991	$7,482,607	$74,643
2021	$3,778,333	$3,233,099	$7,511,638	$545,234
2020	$3,600,873	$3,229,546	$7,521,180	$371,327
2019	$3,288,822	$3,155,465	$6,733,900	$133,357
2018	$2,953,136	$3,004,018	$6,619,558	$-50,882