AKRON PREPARATORY SCHOOL (EIN 460609373) - 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

2013

Legal Domicile

Principal Officer

C David Massa

Phone

3302476232

Tax Period

2024-07-01 to 2025-06-30

AKRON PREPARATORY SCHOOL, founded in 2013, is a community nonprofit in the Education sector that reported $4.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

The mission of Akron Preparatory School is to prepare students for a college preparatory high school that will ensure success and graduation from a four-year college.

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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 $4,803,599

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,803,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,143,994

Fundraising Expenses $0

Program Expenses $5,114,815

Other Expenses $2,970,821

TOTAL EXPENSES $5,114,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,803,599	$5,145,619	-0.1%
Expenses	$5,114,815	$5,282,405	0.0%
Net Income	$-311,216	$-136,786	+1.3%

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

Employees

N/A

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

$6,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Courtney Perry	Board President	2.0	Director	$1,000	$0	$1,000
Contae Bentley	Board Member	1.0	Director	$1,000	$0	$1,000
Laurie Murphy	Board Member	1.0	Director	$900	$0	$900
Carla Saunders	Board Member	1.0	Director	$900	$0	$900
Jennifer Lastery	Board Member	1.0	Director	$900	$0	$900
Ariel Watts	Board Member	1.0	Director	$900	$0	$900
Robert Parina	Board Member	1.0	Director	$900	$0	$900

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	$4,803,599	$5,114,815	$1,567,211	$-311,216
2024	$5,145,619	$5,282,405	$1,927,896	$-136,786
2023	$4,811,337	$4,601,878	$1,908,229	$209,459
2022	$4,783,320	$3,582,882	$1,752,209	$1,200,438
2021	$4,721,759	$3,689,514	$1,542,425	$1,032,245
2020	$3,213,194	$2,849,227	$589,079	$363,967
2019	$2,264,265	$2,638,594	$948,237	$-374,329
2018	$1,974,371	$1,838,551	$1,579,455	$135,820

AKRON PREPARATORY SCHOOL