HOPE Learning Academy of Toledo (EIN 462122868) - 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

Daniel J LaValley

Phone

4192976313

Tax Period

2024-07-01 to 2025-06-30

HOPE Learning Academy of Toledo, founded in 2013, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $1.9M left a modest 5% surplus.

Mission

Operate a Public Charter School in a character-based framework that fosters academic success in students with specialized learning needs by providiing quality

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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 $916,684

Program Service Revenue $1,039,802

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,956,486

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,561,607

Fundraising Expenses $0

Program Expenses $1,863,015

Other Expenses $301,408

TOTAL EXPENSES $1,863,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,956,486	$1,565,253	+0.2%
Expenses	$1,863,015	$1,706,911	+0.1%
Net Income	$93,471	$-141,658	-1.7%

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

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

$100,008

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard W	Yarder	0.50	Director	$0	$0	$0
Mark	Luetke	0.50	Director	$0	$0	$0
Sr Mary Jo	Szpila	0.50	Director	$0	$0	$0
John	Graham	0.50	Director	$0	$0	$0
John	Szuch	0.50	Director	$0	$0	$0
Daniel	LaValley	3.00	Officer	$0	$0	$0
Joella	Simmons	40.00	Key Emp	$100,008	$0	$100,008

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	$1,956,486	$1,863,015	$197,398	$93,471
2024	$1,565,253	$1,706,911	$103,927	$-141,658
2023	$1,785,608	$1,636,300	$245,585	$149,308
2022	$1,533,521	$1,505,097	$96,277	$28,424
2021	$1,413,815	$1,440,144	$67,853	$-26,329
2020	$1,383,988	$1,486,504	$282,856	$-102,516
2019	$1,359,957	$1,284,259	$196,698	$75,698

HOPE Learning Academy of Toledo