THE AUCTION ACADEMY

EIN: 461333580 501(c)(3) Education

FRANKLIN, TN

Total Revenue
$733,761
Total Expenses
$656,397
Total Assets
$190,541
Net Assets
$72,038
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
TN
Principal Officer
PIERRE PONS
Phone
6155914544
Tax Period
2025-01-01 to 2025-12-31

THE AUCTION ACADEMY, founded in 2012, is a small nonprofit in the Education sector that reported $734K in total revenue in fiscal year 2025. Expenses of $656K left a modest 11% surplus.

Mission

THE CORPORATION IS ORGANIZED FOR THE PRIMARY PURPOSE OF TRAINING OWNERS, DIRECTORS, OFFICERS, EMPLOYEES AND OTHER INDIVIDUALS INTERESTED IN FURTHERING THE EDUCATIONAL PROCESS OF THE BUSINESS OF OPERATING AUTOMOBILE AUCTIONS THROUGHOUT THE COUNTRY BY CONDUXTING EDUCATIONAL PROGRAMS ON SUBJECTS APPROPRIATE TO THE CURRENT BUSINESS ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $566,327

AUCTION ACADEMY PROVIDES TRAINING AND DEVELOPMENT EXPERIENCE FOR THE AUTOMOTIVE AUCTION PROFESSIOANL THAT IS DESIGNED TO ENHANCE ESSENTIAL SKILL SETS, PROMOTE BEST PRACTICES, AND YIELD BETTER...

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AUCTION ACADEMY PROVIDES TRAINING AND DEVELOPMENT EXPERIENCE FOR THE AUTOMOTIVE AUCTION PROFESSIOANL THAT IS DESIGNED TO ENHANCE ESSENTIAL SKILL SETS, PROMOTE BEST PRACTICES, AND YIELD BETTER RESULTS. MORE THAN CASUAL KNOWLEDGE IS REQUIRED TO SUCCEED IN TODAY'S COMPETITIVE MARKETPLACE. THE AUCTION ACADEMY TWO-YEAR CURRICULUM IS DESIGNED TO HELP AUCTIONS AND STAFF TO LEARN, UNDERSTAND, MEET AND EXCEED BUSINESS GOALS. THE CURRICULUM BEGINS WITH A RAW PARCEL OF LAND, AND STARTS WITH THE BUILDING AND LAYOUT PROCESS OF AN AUTO AUCTION PROPERTY - PERMITTING, STAFFING, EQUIPMENT, TECHNOLOGY, LICENSING, AND THEN VERY SPECIFIC TRAINING IN DEALER CONSIGNMENT, FLEET/LEASE, FACTORY - BOTH SALES AND OPERATIONS WITH SPECIAL EMPHESIS ON NEW TECHNOLOGIES INTERNET AND SOCIAL NETWORKING. QUARTERLY CLASSROOM TRAINING IS AUGMENTED WITH QUARTERLY FIELD TRIPS TO AUCTIONS AROUND THE COUNTRY FOR FIRSTHAND LEARNING. THE ACADEMY WORKED WITH 3 DIFFERENT CLASSES DURING THE YEAR.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $733,760
Investment Income $1
Other Revenue $0
TOTAL REVENUE $733,761

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $566,327
Other Expenses $656,397
TOTAL EXPENSES $656,397

Year-over-Year Comparison

2025 2024 Change
Revenue $733,761 $748,502 0.0%
Expenses $656,397 $477,192 +0.4%
Net Income $77,364 $271,310 -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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
1
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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY WANNA PRESIDENT 20.00
Director
$0 $0 $0
PAULINE PONS VICE-PRESIDE 2.00
Officer
$0 $0 $0
PIERRE PONS CEO 10.00
Officer
$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 $733,761 $656,397 $190,541 $77,364
2024 $748,502 $477,192 $113,774 $271,310
2023 $499,206 $805,505 $126,940 $-306,299
2022 $600,000 $378,954 $288,328 $221,046
2021 $249,000 $478,835 $68,182 $-229,835
2020 $25,000 $8,162 $298,017 $16,838
2020 $192,000 $71,141 $281,179 $120,859
2019 $352,100 $280,217 $40,320 $71,883
2018 $379,000 $534,069 $43,767 $-155,069
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