HOGAN PREPARATORY ACADEMY INC (EIN 431817830) - 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

DR TAMARA BURNS

Phone

8164443464

Tax Period

2024-07-01 to 2025-06-30

HOGAN PREPARATORY ACADEMY INC, founded in 1999, is a mid-sized nonprofit in the Education sector that reported $17.3M in total revenue in fiscal year 2024. Expenses of $19.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

HOGAN PREPARATORY ACADEMY IS AN EXCEPTIONAL K-12 PUBLIC CHARTER SCHOOL WHERE STUDENTS BECOME COMPASSIONATE LEADERS WHO ARE COLLEGE AND CAREER READY WITH A DISTINCT COMPETITIVE ADVANTAGE.

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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 $16,696,897

Program Service Revenue $530,339

Investment Income $44,911

Other Revenue $0

TOTAL REVENUE $17,272,147

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,515,892

Fundraising Expenses $0

Program Expenses $12,759,043

Other Expenses $10,763,261

TOTAL EXPENSES $19,279,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,272,147	$17,510,449	0.0%
Expenses	$19,279,153	$16,097,449	+0.2%
Net Income	$-2,007,006	$1,413,000	-2.4%

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

165

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
DANIELLE BINION	PRESIDENT	2.00	Director	$0	$0	$0
DANIEL SMITH	VICE PRESIDENT	1.00	Director	$0	$0	$0
ERIN LENIHAN	SECRETARY	1.00	Director	$0	$0	$0
DR POKAM NGOMSI	TREASURER	1.00	Director	$0	$0	$0
NATALIE LEWIS	MEMBER	1.00	Director	$0	$0	$0
JOEL RITCHIE	MEMBER	1.00	Director	$0	$0	$0
DR TAMARA BURNS	INTERIM SUPERINTENDENT	40.00	Officer	$0	$0	$0
MICHAEL JONES	PRINCIPAL	40.00	Highest	$116,657	$22,760	$139,417

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	$17,272,147	$19,279,153	$29,215,396	$-2,007,006
2024	$17,510,449	$16,097,449	$32,001,816	$1,413,000
2023	$16,887,960	$14,263,183	$30,553,121	$2,624,777
2022	$17,837,885	$13,148,413	$20,422,452	$4,689,472
2021	$17,575,326	$11,737,975	$9,873,436	$5,837,351
2020	$14,058,367	$13,111,821	$5,519,171	$946,546
2019	$12,692,878	$12,312,995	$3,228,923	$379,883

HOGAN PREPARATORY ACADEMY INC