RESOLUTE ACADEMY INC

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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

NATASHA BARRIGA SIPERSTEI

Phone

3235596284

Tax Period

2021-07-01 to 2022-06-30

RESOLUTE ACADEMY INC, founded in 2013, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2021. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $4.2M left a modest 5% surplus.

Mission

RESOLUTE ACADEMY'S MISSION IS TO EQUIP STUDENTS IN GRADES FIVE THROUGH EIGHT WITH THE ACADEMIC FOUNDATION AND STRENGTH OF CHARACTER NECESSARY TO EXCEL IN SELECTIVE HIGH SCHOOLS AND COLLEGES.

Program Service Accomplishments

Program 1

Expenses: $3,157,273

RESOLUTE ACADEMY IS LOCATED IN LOS ANGELES, CALIFORNIA AT 1265 E 112TH STREET. THE SCHOOL OPENED IN 2015 AND CURRENTLY SERVES APPROXIMATELY 256 STUDENTS IN GRADES FIVE THROUGH EIGHT. THE CHARTER...

RESOLUTE ACADEMY IS LOCATED IN LOS ANGELES, CALIFORNIA AT 1265 E 112TH STREET. THE SCHOOL OPENED IN 2015 AND CURRENTLY SERVES APPROXIMATELY 256 STUDENTS IN GRADES FIVE THROUGH EIGHT. THE CHARTER SCHOOL IS A FREE PUBLIC CHARTER MIDDLE SCHOOL LOCATED IN WATTS FOR PARENTS WHOSE DREAM IT IS TO SEE THEIR CHILD GRADUATE PREPARED TO TACKLE THE RIGORS AND CHALLENGES OF THE MOST SELECTIVE HIGH SCHOOLS AND COLLEGES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $4,443,476

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,443,476

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,784,898

Fundraising Expenses $0

Program Expenses $3,157,273

Other Expenses $1,458,444

TOTAL EXPENSES $4,243,342

Year-over-Year Comparison

	2021	2020	Change
Revenue	$4,443,476	$3,582,611	+0.2%
Expenses	$4,243,342	$3,199,177	+0.3%
Net Income	$200,134	$383,434	-0.5%

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

$169,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAYMOND MCKENZIE	CHAIR	2.00	Officer Director	$0	$0	$0
VERONICA DAVEY	MEMBER	2.00	Officer Director	$0	$0	$0
KURT GRAMM	SECRETARY	2.00	Officer Director	$0	$0	$0
MARK NARAIN	TREASURER	2.00	Officer Director	$0	$0	$0
ABESELOM ALEM	MEMBER	2.00	Director	$0	$0	$0
JENNIE KRESS	MEMBER	2.00	Director	$0	$0	$0
KEVIN REEVES	MEMBER	2.00	Director	$0	$0	$0
NATASHA BARRIGA-SIPERSTEIN	EXECUTIVE DIRECTOR	40.00	Officer	$129,339	$39,761	$169,100

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
2022	$4,443,476	$4,243,342	$1,956,376	$200,134
2021	$3,582,611	$3,199,177	$1,726,234	$383,434
2020	$3,352,750	$3,051,071	$1,173,819	$301,679
2019	$3,394,372	$3,144,314	$921,636	$250,058
2018	$2,931,065	$2,666,539	$741,785	$264,526