VIRTUAL ACADEMY OF LAFOURCHE INC (EIN 454555797) - 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

2012

Legal Domicile

Principal Officer

EDMOND J ADAMS JR

Phone

9854462877

Tax Period

2024-07-01 to 2025-06-30

VIRTUAL ACADEMY OF LAFOURCHE INC, founded in 2012, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2024. The organization ran a surplus of $1.4M, a strong 23% operating margin.

Mission

THE SCHOOL IS A TYPE I VIRTUAL CHARTER SCHOOL PROVIDING SERVICES FOR STUDENTS OF LAFOURCHE PARISH, LOUISIANA. THE ORGANIZATION PROVIDES ONLINE CURRICULUM FOR STUDENTS FROM KINDERGARTEN TO TWELFTH GRADE.

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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 $6,059,098

Investment Income $0

Other Revenue $278,437

TOTAL REVENUE $6,337,535

Expense Breakdown

Grants Paid $0

Salaries & Benefits $455,067

Fundraising Expenses $0

Program Expenses $3,950,607

Other Expenses $4,442,738

TOTAL EXPENSES $4,897,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,337,535	$5,982,904	+0.1%
Expenses	$4,897,805	$4,741,488	+0.0%
Net Income	$1,439,730	$1,241,416	+0.2%

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

N/A

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
EDMOND J ADAMS JR	DIRECTOR	N/A	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	$6,337,535	$4,897,805	$5,236,631	$1,439,730
2024	$5,982,904	$4,741,488	$3,881,815	$1,241,416
2023	$5,069,114	$5,068,103	$2,897,708	$1,011
2022	$5,491,817	$5,494,126	$1,908,275	$-2,309
2021	$5,473,964	$5,006,965	$2,175,348	$466,999
2020	$4,806,520	$4,641,701	$1,467,296	$164,819
2019	$5,265,386	$4,829,246	$1,415,845	$436,140
2018	$4,598,759	$4,412,291	$828,430	$186,468

VIRTUAL ACADEMY OF LAFOURCHE INC