SOUTH TECH PREPARATORY ACADEMY INC

EIN: 460598447 501(c)(3) Education

BOYNTON BEACH, FL

Total Revenue
$9,001,118
Total Expenses
$6,613,722
Total Assets
$12,724,996
Net Assets
$5,417,563
🔒

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
RUSSELL FELDMAN
Phone
5613647973
Tax Period
2023-07-01 to 2024-06-30

SOUTH TECH PREPARATORY ACADEMY INC, founded in 2012, is a community nonprofit in the Education sector that reported $9.0M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.4M, a strong 27% operating margin.

Mission

THE CHARTER SCHOOL'S CORE MISSION IS TO PREPARE STUDENTS FOR TRANSITION TO SOUTHTECH ACADEMY CAREER ACADEMY PROGRAMS. EACH STUDENT IS PROVIDED RIGOROUS AND RELEVANT ACADEMIC INSTRUCTION AND EXPLORATORY CAREER EDUCATION OFFERINGS TO FACILITATE KNOWLEDGABLE DECISION-MAKING ON POTENTIAL CAREER OPTIONS. STUDENTS ARE PREPARED FOR A SMOOTH TRANSITION INTO HIGH SCHOOL, WHICH THEY WILL ENTER ALREADY ACCLIMATED TO A SCHOOL CULTURE AND DISCIPLINE WHICH HAS PROVEN TO BE EXTREMELY SUCCESSFUL IN PRODUCING HIGH SCHOOL GRADUATES PREPARED FOR WORK, HIGHER EDUCATION, AND PRODUCTIVE CITIZENSHIP.

🔒

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 $3,635,711
Program Service Revenue $5,182,794
Investment Income $182,613
Other Revenue $0
TOTAL REVENUE $9,001,118

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,595,220
Fundraising Expenses $0
Program Expenses $5,635,813
Other Expenses $2,018,502
TOTAL EXPENSES $6,613,722

Year-over-Year Comparison

2023 2022 Change
Revenue $9,001,118 $6,974,672 +0.3%
Expenses $6,613,722 $5,733,351 +0.2%
Net Income $2,387,396 $1,241,321 +0.9%
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
8
Independent Members
8
Employees
72
Volunteers
8

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
5
$167,835
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE NICOLINI VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
AYESHA EDMOND SECRETARY 1.00
Officer Director
$0 $0 $0
RUSSELL FELDMAN CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ROGER DUNSON SR BOARD MEMBER 1.00
Director
$0 $0 $0
ERIKA DEUTSCH ROTBART BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE HIENZ BOARD MEMBER 1.00
Director
$0 $0 $0
DAN HELLER BOARD MEMBER 1.00
Officer Director
$0 $0 $0
ANTHONY ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
CARLA LOVETT EXECUTIVE DIRECTOR 13.00
Officer
$0 $0 $167,835
NICOLE HANDY PRINCIPAL 40.00
Highest
$138,636 $0 $138,636
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 $9,001,118 $6,613,722 $12,724,996 $2,387,396
2023 $6,974,672 $5,733,351 $10,362,202 $1,241,321
2022 $5,853,454 $5,222,710 $10,381,663 $630,744
2021 $4,677,641 $4,413,981 $9,783,748 $263,660
2020 $4,461,487 $4,317,891 $869,819 $143,596
2019 $4,561,583 $4,726,937 $658,306 $-165,354
2018 $4,487,945 $4,284,529 $880,367 $203,416
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare SOUTH TECH PREPARATORY ACADEMY INC with other nonprofits in Florida and across the country.