BOB HOOVER ACADEMY (EIN 453418556) - 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

2011

Legal Domicile

Principal Officer

SEAN TUCKER

Phone

8312368334

Tax Period

2023-01-01 to 2023-12-31

BOB HOOVER ACADEMY, founded in 2011, is a small nonprofit in the Education sector that reported $722K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $626K left a modest 13% surplus.

Mission

CREATE TRANSFORMATIVE LIFE EXPERIENCES IN AVIATION & EDUCATION FOR AT-RISK & UNDERSERVED TEENS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $714,346

Program Service Revenue $170

Investment Income $0

Other Revenue $7,810

TOTAL REVENUE $722,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $45,285

Program Expenses $550,562

Other Expenses $625,926

TOTAL EXPENSES $625,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$722,326	$882,966	-0.2%
Expenses	$625,926	$351,668	+0.8%
Net Income	$96,400	$531,298	-0.8%

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
SEAN TUCKER	PRESIDENT & CEO	15.00	Officer Director	$0	$0	$0
MATT WRIGHT	SECRETARY	2.00	Officer Director	$0	$0	$0
COLLEEN TUCKER	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
ROSS MERRILL	CFO	2.00	Officer Director	$0	$0	$0
JOAN COCHRAN	DIRECTOR	1.00	Director	$0	$0	$0
DENEEN GUSS	DIRECTOR	1.00	Director	$0	$0	$0
RANDY SHERMAN	DIRECTOR	2.00	Director	$0	$0	$0
TIM KRAMER	DIRECTOR	10.00	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
2024	No data	No data	No data	No data
2023	$722,326	$625,926	$1,333,590	$96,400
2022	$882,966	$351,668	$1,237,190	$531,298
2021	$698,001	$229,290	$705,892	$468,711
2019	$275,030	$160,851	$267,000	$114,179
2018	$234,840	$275,135	$152,821	$-40,295

BOB HOOVER ACADEMY