ACADEMY OF AMERICA (EIN 386525613) - 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

1984

Legal Domicile

Principal Officer

ANDREW BURKS

Phone

2487461126

Tax Period

2022-07-01 to 2023-06-30

ACADEMY OF AMERICA, founded in 1984, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2022. Revenue surged 247% from the prior year, signaling strong growth momentum. Expenses of $2.4M exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDE EDUCATIONAL FACILITIES FOR STUDENTS GRADES K THROUGH TWELVE FOR ECONOMICALLY DEPRIVED 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 (2022)

Revenue Breakdown

Contributions & Grants $673,316

Program Service Revenue $1,104,901

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,778,217

Expense Breakdown

Grants Paid $0

Salaries & Benefits $272,571

Fundraising Expenses $0

Program Expenses $2,218,732

Other Expenses $2,093,040

TOTAL EXPENSES $2,365,611

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,778,217	$513,146	+2.5%
Expenses	$2,365,611	$2,002,100	+0.2%
Net Income	$-587,394	$-1,488,954	-0.6%

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

$105,428

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LECESTER L ALLEN	PRESIDENT	20.00	Officer	$65,428	$0	$65,428
MATTIE L ALLEN	VICE PRESIDE	30.00	Officer	$40,000	$0	$40,000
DENISE BENNETT	DIRECTOR/VIC	1.00	Officer Director	$0	$0	$0
NATHALIA BROOKS	DIRECTOR/SEC	1.00	Officer Director	$0	$0	$0
DR CECIL POE	DIRECTOR/CHA	1.00	Officer Director	$0	$0	$0
ANDREW BURKS	VICE PRESIDE	5.00	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
2023	$1,778,217	$2,365,611	$11,696,917	$-587,394
2022	$513,146	$2,002,100	$12,119,652	$-1,488,954
2021	$2,007,662	$2,138,726	$13,935,089	$-131,064
2020	$590,982	$2,358,366	$14,630,846	$-1,767,384
2019	$878,777	$3,090,249	$16,282,991	$-2,211,472
2018	$764,301	$3,292,131	$19,153,336	$-2,527,830

ACADEMY OF AMERICA