HIGHER GROUND ACADEMY BUILDING COMPANY (EIN 411933761) - 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

1999

Legal Domicile

Principal Officer

BERTRAND WILSON

Phone

6516451000

Tax Period

2024-07-01 to 2025-06-30

HIGHER GROUND ACADEMY BUILDING COMPANY, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

MANAGE A BUILDING FOR LEASE TO ITS BENEFICIARY ORGANIZATION HIGHER GROUND ACADEMY.

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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 $0

Program Service Revenue $1,841,883

Investment Income $182,890

Other Revenue $0

TOTAL REVENUE $2,024,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,301,546

Other Expenses $2,301,546

TOTAL EXPENSES $2,301,546

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,024,773	$2,220,929	-0.1%
Expenses	$2,301,546	$2,191,659	+0.1%
Net Income	$-276,773	$29,270	-10.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BERTRAND WILSON	CHAIR	1.00	Officer Director	$0	$0	$0
NELIYA TKACHENKO	VICE CHAIR/TREASURER	2.00	Officer Director	$0	$0	$0
ALICE MCCASTLE	SECRETARY	2.00	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	$2,024,773	$2,301,546	$21,564,771	$-276,773
2024	$2,220,929	$2,191,659	$21,956,746	$29,270
2023	$2,095,616	$2,988,944	$21,412,061	$-893,328
2022	$1,883,486	$2,062,490	$19,367,499	$-179,004
2021	$1,882,072	$2,079,322	$19,969,103	$-197,250
2020	$1,682,189	$1,832,303	$20,721,873	$-150,114
2019	$1,227,726	$2,003,541	$24,335,266	$-775,815
2018	$1,126,687	$1,095,337	$8,061,113	$31,350

HIGHER GROUND ACADEMY BUILDING COMPANY