GREENWAY ACADEMY

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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

2011

Legal Domicile

Principal Officer

DIDMAR FAJA

Phone

6025650500

Tax Period

2024-01-01 to 2024-12-31

GREENWAY ACADEMY, founded in 2011, is a small nonprofit in the Education sector that reported $552K in total revenue in fiscal year 2024. Expenses of $478K left a modest 13% surplus.

Mission

to strive and grow together. Provide a safe, nurturing, and inspirational Islamic environment that enables our students to achieve academic excellence develop a strong character guided by the teachings of the Quran and Sunnah.

Program Service Accomplishments

Program 1

Expenses: $419,475

Professionl staff , healthy envirnment and tranied teachers support our mission and achived our students scced

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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 $551,810

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $551,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $296,975

Fundraising Expenses $0

Program Expenses $419,475

Other Expenses $180,573

TOTAL EXPENSES $477,548

Year-over-Year Comparison

	2024	2023	Change
Revenue	$551,810	N/A	N/A
Expenses	$477,548	N/A	N/A
Net Income	$74,262	N/A	N/A

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

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
Dimar Faja	Chairman	004.00	Officer	$0	$0	$0
Malvine Faja	Secretary	006.00	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
2024	$551,810	$477,548	$90,469	$74,262