THE REMNANT ACADEMY INC (EIN 454774043) - 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

2014

Legal Domicile

Principal Officer

JAN HILL

Phone

9796391077

Tax Period

2024-01-01 to 2024-12-31

THE REMNANT ACADEMY INC, founded in 2014, is a small nonprofit in the Education sector that reported $152K in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $388K exceeded revenue, resulting in a 155% operating deficit.

Mission

THE PURPOSE OF THE REMNANT ACADEMY IS TO PROVIDE THE BEST EDUCATION TO EACH CHILD IN A LOVING, CHRISTIAN ENVIRONMENT. THE PROGRAMS START WITH INFANTS WHO ARE SIX WEEKS OLD UP THROUGH PRESCHOOL AGES.

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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 $20,087

Program Service Revenue $170,558

Investment Income $-38,475

Other Revenue $85

TOTAL REVENUE $152,255

Expense Breakdown

Grants Paid $0

Salaries & Benefits $304,277

Fundraising Expenses $0

Program Expenses $365,071

Other Expenses $83,493

TOTAL EXPENSES $387,770

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,255	$958,758	-0.8%
Expenses	$387,770	$778,372	-0.5%
Net Income	$-235,515	$180,386	-2.3%

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

N/A

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

$6,032

Total Directors

$12,064

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LETICIA FONVILLE	MANAGER	40.00		$47,472	$0	$47,472
JAN HILL	President	10.00	Officer Director	$6,032	$0	$6,032
DENNIS HILL	Director	10.00	Director	$6,032	$0	$6,032
EMILY GONZALEZ	Director	1.00	Director	$0	$0	$0
QUENTEN GONZALEZ	Scretary/Treas.	1.00	Officer 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	$152,255	$387,770	$482,092	$-235,515
2023	$958,758	$778,372	$711,851	$180,386
2022	$1,107,896	$926,931	$533,359	$180,965
2021	$884,820	$735,565	$356,244	$149,255
2020	$853,513	$700,717	$203,588	$152,796
2019	$640,843	$626,511	$74,981	$14,332
2018	$671,111	$657,043	$57,141	$14,068

THE REMNANT ACADEMY INC