Atlas Preparatory Academy Inc

EIN: 392032539 501(c)(3) Education

Milwaukee, WI

Total Revenue
$5,748,356
Total Expenses
$5,305,359
Total Assets
$6,625,147
Net Assets
$4,264,875
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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
2001
Legal Domicile
WI
Principal Officer
Michelle G Lukacs
Phone
4143850771
Tax Period
2023-07-01 to 2024-06-30

Atlas Preparatory Academy Inc, founded in 2001, is a community nonprofit in the Education sector that reported $5.7M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $5.3M left a modest 8% surplus.

Mission

The mission of Atlas Preparatory Academy is to provide an educational program which engages our students in learning experiences that meet their academic, social, and emotional needs, in a multicultural environment based on mutual respect.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $543,413
Program Service Revenue $5,107,336
Investment Income $97,607
Other Revenue $0
TOTAL REVENUE $5,748,356

Expense Breakdown

Grants Paid $51,939
Salaries & Benefits $2,712,532
Fundraising Expenses $0
Program Expenses $5,048,178
Other Expenses $2,540,888
TOTAL EXPENSES $5,305,359

Year-over-Year Comparison

2023 2022 Change
Revenue $5,748,356 $4,514,014 +0.3%
Expenses $5,305,359 $4,664,859 +0.1%
Net Income $442,997 $-150,845 -3.9%
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

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Governance

Voting Members
2
Independent Members
1
Employees
52
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
2
$162,363
Total Directors
2
$162,363
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle G Lukacs Pres/Exec Dir 40.00
Officer Director
$143,130 $19,233 $162,363
Steven E Menden Board Advisor 40.00
$117,755 $19,397 $137,152
Kaitlyn J Menden Business Services 40.00
$113,755 $10,624 $124,379
Norbert J Smurawa Schl Administrator 40.00
$109,562 $3,287 $112,849
Nicholas D Cardarella Cmps Administrator 40.00
$100,000 $3,000 $103,000
Gordon G Haberman Secretary/Dir 1.00
Officer 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 $5,748,356 $5,305,359 $6,625,147 $442,997
2023 $4,514,014 $4,664,859 $5,809,340 $-150,845
2022 $5,094,955 $4,227,665 $4,239,464 $867,290
2021 $5,734,799 $4,136,350 $3,374,551 $1,598,449
2020 $5,673,634 $5,618,620 $2,366,389 $55,014
2019 $6,260,077 $5,815,082 $1,761,455 $444,995
2018 $6,049,499 $5,621,112 $1,339,385 $428,387
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