LAKE POINTE ACADEMY INC

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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

Principal Officer

MADALYN CANO

Tax Period

2018-08-01 to 2019-07-31

LAKE POINTE ACADEMY INC, founded in 2012, is a small nonprofit in the Education sector that reported $330K in total revenue in fiscal year 2018. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

THE CORPORATION IS ESTABLISHED AS A SCHOOL, ORGANIZED FOR THE PURPOSE OF PROVIDING PRIMARY AND/OR SECONDARY ACADEMICS, WITH AN EMPHASIS IN TEACHING SOCIAL, EMOTIONAL, AND BEHAVIORAL SKILLS FOR SUCCESS IN EDUCATIONAL SETTINGS AND ADULTHOOD.

Program Service Accomplishments

Program 1

Revenue: $273,544

LAKE POINTE ACADEMY PROVIDES AN EXCEPTIONAL LEARNING ENVIRONMENT THAT SUPPORTS STUDENTS WITH UNIQUE LEARNING DIFFERENCES IN THE DEVELOPMENT OF ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS TO ACHIEVE...

LAKE POINTE ACADEMY PROVIDES AN EXCEPTIONAL LEARNING ENVIRONMENT THAT SUPPORTS STUDENTS WITH UNIQUE LEARNING DIFFERENCES IN THE DEVELOPMENT OF ACADEMIC, SOCIAL, AND EMOTIONAL SKILLS TO ACHIEVE SUCCESS IN BECOMING INDEPENDENT AND CONTRIBUTING MEMBERS OF THEIR COMMUNITIES AND SOCIETY.

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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 (2018)

Revenue Breakdown

Contributions & Grants $42,475

Program Service Revenue $273,544

Investment Income $0

Other Revenue $13,570

TOTAL REVENUE $329,589

Expense Breakdown

Grants Paid $0

Salaries & Benefits $295,379

Fundraising Expenses $0

Program Expenses $318,019

Other Expenses $58,287

TOTAL EXPENSES $353,666

Year-over-Year Comparison

	2018	2017	Change
Revenue	$329,589	$277,426	+0.2%
Expenses	$353,666	$357,118	0.0%
Net Income	$-24,077	$-79,692	-0.7%

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
MADALYN CANO	PRESIDENT	N/A	Officer	$0	$0	$0
JENNIFER KRONE MS PHD	VICE PRESIDE	N/A	Officer	$0	$0	$0
KOREE MASSEY	TREASURER	N/A	Officer	$0	$0	$0
STEVE CANO	EX-OFFICIO M	N/A	Director	$0	$0	$0
JANE PHILLIPS PHD LCSW	MEMBER	N/A	Director	$0	$0	$0
STEPHANIE SELLERS	MEMBER	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
2019	$329,589	$353,666	$24,642	$-24,077