DORAL ACADEMY OF NEVADA

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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

RODNEY SAUNDERS

Phone

7024316260

Tax Period

2024-07-01 to 2025-06-30

DORAL ACADEMY OF NEVADA, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $72.2M in total revenue in fiscal year 2024.

Mission

DORAL ACADEMY OF NEVADA IS DEDICATED TO PROVIDING AN ENHANCED EDUCATIONAL EXPERIENCE. WE WILL DEVELOP OUTSTANDING STUDENT ACHIEVEMENT WITH A FOCUS ON EACH CHILD BEING WELL-ROUNDED IN ALL PARTS OF THEIR EDUCATION. STUDENTS WILL BE PREPARED IN AN ACADEMICALLY CHALLENGING AND PERSONALLY MEANINGFUL LEARNING ENVIRONMENT WITH AN EMPHASIS ON ARTS INTEGRATION. A COLLABORATIVE EFFORT INCLUDING ALL STUDENTS, TEACHERS, PARENTS, AND STAFF WILL BE DEVOTED TO ESTABLISHING, ACHIEVING, AND CELEBRATING INDIVIDUAL GOALS FOR EACH CHILD AT DORAL ACADEMY.

Program Service Accomplishments

Program 1

Expenses: $65,411,667 Revenue: $68,611,548

PREPARING STUDENTS TO EXCEL IN ACADEMICS AND ATTAIN KNOWLEDGE.

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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 $2,165,263

Program Service Revenue $68,421,730

Investment Income $761,853

Other Revenue $867,193

TOTAL REVENUE $72,216,039

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,102,644

Fundraising Expenses $0

Program Expenses $65,411,667

Other Expenses $24,033,946

TOTAL EXPENSES $73,136,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$72,216,039	$71,697,102	+0.0%
Expenses	$73,136,590	$70,028,047	+0.0%
Net Income	$-920,551	$1,669,055	-1.6%

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

654

Volunteers

1619

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
DORON JOSEPH	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
TODD MAYHEW	BOARD VICE CHAIR	2.00	Officer Director	$0	$0	$0
GARY VECCHIARELLI	BOARD TREASURER	2.00	Officer Director	$0	$0	$0
BRANDON LEWIS	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
VERONICA METER	BOARD MEMBER	2.00	Director	$0	$0	$0
DEREK STAFFORD	BOARD MEMBER	2.00	Director	$0	$0	$0
MELISSA DALPEE	BOARD MEMBER	2.00	Director	$0	$0	$0
EILEEN MARY GILLIGAN	PRINCIPAL - DORAL SADDLE	40.00	Highest	$143,711	$53,509	$197,220
BETHANY FARMER	PRINCIPAL - DORAL CACTUS	40.00	Highest	$145,862	$64,138	$210,000
RODNEY SAUNDERS	EXECUTIVE DIRECTOR	40.00	Highest	$200,595	$71,560	$272,155
KELLY GERDES	PRINCIPAL - DORAL FIRE MESA	40.00	Highest	$168,734	$64,373	$233,107
DANIELLE MCDOWELL	PRINCIPAL - DORAL RR UPPER	40.00	Highest	$170,939	$65,746	$236,685
KIMBERLY HAMMOND	PRINCIPAL - DORAL RR ELEMENTARY	40.00	Highest	$164,400	$37,423	$201,823
JULIANNA TURLEY	PRINCIPAL - DORAL PEBBLE	40.00	Highest	$136,753	$53,684	$190,437

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	$72,216,039	$73,136,590	$151,860,077	$-920,551
2024	$71,697,102	$70,028,047	$139,583,877	$1,669,055
2023	$57,059,603	$61,215,813	$139,543,414	$-4,156,210
2022	$57,712,189	$53,358,306	$136,998,346	$4,353,883
2021	$48,898,160	$51,376,389	$131,957,708	$-2,478,229
2020	$47,685,414	$49,016,047	$118,825,142	$-1,330,633
2019	$43,372,668	$45,949,214	$113,416,147	$-2,576,546
2018	$40,161,058	$40,296,127	$56,352,573	$-135,069
2017	$29,501,449	$29,762,798	$20,725,533	$-261,349