VICTORY ACADEMY OCALA INC

EIN: 455409146 501(c)(3) Education

OCALA, FL

Total Revenue
$833,938
Total Expenses
$782,674
Total Assets
$474,411
Net Assets
$469,600
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
FL
Principal Officer
DIANNE VAN FLEET
Phone
3526224410
Tax Period
2023-07-01 to 2024-06-30

VICTORY ACADEMY OCALA INC, founded in 2012, is a small nonprofit in the Education sector that reported $834K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $783K left a modest 6% surplus.

Mission

VICTORY ACADEMY IS A CLASSICAL CHRISTIAN COLLEGE PREPARATORY SCHOOL DEDICATED TO NURTURING AND CHALLENGING THE WHOLE PERSON - BODY, MIND AND SPIRIT TO THE GLORY OF GOD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,703
Program Service Revenue $797,165
Investment Income $3,688
Other Revenue $14,382
TOTAL REVENUE $833,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $505,057
Fundraising Expenses $0
Program Expenses $709,369
Other Expenses $277,617
TOTAL EXPENSES $782,674

Year-over-Year Comparison

2023 2022 Change
Revenue $833,938 $667,495 +0.2%
Expenses $782,674 $653,164 +0.2%
Net Income $51,264 $14,331 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
20
Volunteers
12

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
3
$86,378
Total Directors
6
$86,378
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAREY V JONES TREASURER SE 30.00
Officer Director
$42,414 $0 $42,414
DIANNE VAN FLEET PRESIDENT 40.00
Officer Director
$38,024 $0 $38,024
MATTHEW OVERFELT VICE PRESIDE 2.00
Officer Director
$5,940 $0 $5,940
DEAN ASCHLIMAN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT VAN FLEET BOARD MEMBER 2.00
Director
$0 $0 $0
PAT STANLEY BOARD MEMBER 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
2025 No data No data No data No data
2024 $833,938 $782,674 $474,411 $51,264
2022 $518,898 $596,731 $408,109 $-77,833
2021 $862,856 $383,651 $561,259 $479,205
2020 $345,319 $314,679 $116,827 $30,640
2019 $382,019 $399,517 $48,300 $-17,498
2018 $330,946 $362,329 $31,618 $-31,383
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VICTORY ACADEMY OCALA INC with other nonprofits in Florida and across the country.