EAST PREPARATORY ACADEMY (EIN 462285806) - 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

Tax Period

2024-07-01 to 2025-06-30

EAST PREPARATORY ACADEMY, founded in 2013, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $3.4M left a modest 3% surplus.

Mission

East Preparatory Academy, serving grades K-8, is dedicated to improving the lives of its students by providing authentic learning experiences in a collaborative, nurturing environment that will build a foundation for student success in school, at future work, and in life.

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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 $3,547,290

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,547,290

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,625,225

Fundraising Expenses $0

Program Expenses $3,332,116

Other Expenses $1,806,582

TOTAL EXPENSES $3,431,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,547,290	$4,821,812	-0.3%
Expenses	$3,431,807	$4,356,406	-0.2%
Net Income	$115,483	$465,406	-0.8%

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

$20,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brenda Goins	Board Member	1.0	Director	$4,500	$0	$4,500
Lisa Gonzales	Board Member	1.0	Director	$4,500	$0	$4,500
Wendi Kral	Board Member	1.0	Director	$4,125	$0	$4,125
Velma Chandler	Board Member	1.0	Director	$3,750	$0	$3,750
Rhonda Young Hurt	Board President	2.0	Director	$3,750	$0	$3,750

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	$3,547,290	$3,431,807	$2,409,550	$115,483
2024	$4,821,812	$4,356,406	$2,648,787	$465,406
2023	$3,232,274	$2,974,778	$2,293,247	$257,496
2022	$2,992,511	$2,641,774	$1,961,633	$350,737
2021	$2,499,176	$2,237,083	$945,424	$262,093
2020	$2,321,724	$2,196,060	$748,287	$125,664
2019	$2,139,999	$2,455,883	$1,048,476	$-315,884
2018	$2,157,036	$2,638,262	$671,884	$-481,226

EAST PREPARATORY ACADEMY