CHARLOTTE LEARNING ACADEMY (EIN 453568037) - 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

STACEY ROSE

Phone

7046617134

Tax Period

2017-07-01 to 2018-06-30

CHARLOTTE LEARNING ACADEMY, founded in 2011, is a community nonprofit that reported $2.8M in total revenue in fiscal year 2017. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

THE MISSION OF CHARLOTTE LEARNING ACADEMY (CLA) IS TO CREATE A STUDENT- CENTERED EDUCATIONAL ENVIRONMENT FOR AT-RISK STUDENTS THAT CHALLENGE THEM TO MAINTAIN HIGH LEVELS OF MOTIVATION AND ACHIEVEMENT WHILE INSTALLING THE DISCIPLINE, RESPECT, PERSEVERANCE, SCHOLARSHIP AND EXCELLENCE THEY NEED TO SUCCEED IN COLLEGE AND OTHER POST-SECONDARY OPPORTUNITIES.

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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 (2017)

Revenue Breakdown

Contributions & Grants $2,736,222

Program Service Revenue $533

Investment Income $0

Other Revenue $31,078

TOTAL REVENUE $2,767,833

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,661,555

Fundraising Expenses $0

Program Expenses $2,066,683

Other Expenses $1,277,245

TOTAL EXPENSES $2,938,800

Year-over-Year Comparison

	2017	2016	Change
Revenue	$2,767,833	$2,353,384	+0.2%
Expenses	$2,938,800	$2,278,320	+0.3%
Net Income	$-170,967	$75,064	-3.3%

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

$92,700

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAMELA FAREWELL	CHAIRMAN	4.00	Officer Director	$0	$0	$0
MONTAE MONROE	VICE CHAIRMA	3.00	Officer Director	$0	$0	$0
MATTHEW WALL	TREASURER	3.00	Officer Director	$0	$0	$0
ANDRE ROSE	SECRETARY	3.00	Officer Director	$0	$0	$0
AKENNA BLACKMON	BOARD MEMBER	3.00	Director	$0	$0	$0
STACEY ROSE	FOUNDER & PR	50.00	Officer	$92,700	$0	$92,700

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
2018	$2,767,833	$2,938,800	$599,929	$-170,967

CHARLOTTE LEARNING ACADEMY