ACTSCHOOLS INCORPORATED (EIN 462300268) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

KELLY LATHAM

Phone

2703381630

Tax Period

2023-07-01 to 2024-06-30

ACTSCHOOLS INCORPORATED, founded in 2012, is a small nonprofit in the Education sector that reported $187K in total revenue in fiscal year 2023.

Mission

EDUCATION

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $80,296

Program Service Revenue $81,789

Investment Income $0

Other Revenue $25,226

TOTAL REVENUE $187,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $108,464

Fundraising Expenses $0

Program Expenses $164,845

Other Expenses $97,402

TOTAL EXPENSES $205,866

Year-over-Year Comparison

	2023	2022	Change
Revenue	$187,311	$182,807	+0.0%
Expenses	$205,866	$186,226	+0.1%
Net Income	$-18,555	$-3,419	+4.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$30,964

Total Directors

$12,150

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY LATHAM	HEADMASTER	40.00	Officer	$18,814	$0	$18,814
ANGELA LATHAM	SECRETARY/TR	40.00	Officer Director	$12,075	$75	$12,150
GREGG BROOKS	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS MCGHEE	DIRECTOR	1.00	Director	$0	$0	$0
CASSIE REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN RICE	PRESIDENT	1.00	Officer Director	$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	No data	No data	No data	No data
2024	$187,311	$205,866	$18,518	$-18,555
2023	$182,807	$186,226	$23,801	$-3,419
2022	$188,272	$210,579	$38,486	$-22,307
2021	$224,794	$202,117	$48,867	$22,677
2020	$178,351	$222,437	$51,861	$-44,086
2019	$214,619	$245,938	$70,255	$-31,319

ACTSCHOOLS INCORPORATED