COLLEGE PARK ACADEMY INC

EIN: 462980755 501(c)(3) Education

RIVERDALE PARK, MD

Total Revenue
$10,122,291
Total Expenses
$10,273,105
Total Assets
$16,970,288
Net Assets
$6,633,297
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
MD
Principal Officer
SANDY ABU-ARJA
Phone
2406963206
Tax Period
2024-07-01 to 2025-06-30

COLLEGE PARK ACADEMY INC, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $10.1M in total revenue in fiscal year 2024.

Mission

TO PROVIDE A RIGOROUS COLLEGE-PREP SCHOOL FOR STUDENTS IN SIXTH THROUGH TWELFTH GRADE WITH ROBUST EXTRACURRICULAR ENRICHMENT PROGRAMS AND EARLY COLLEGE CREDIT OPPORTUNITIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $34,250
Program Service Revenue $9,727,895
Investment Income $356,302
Other Revenue $3,844
TOTAL REVENUE $10,122,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,553,424
Fundraising Expenses $145,826
Program Expenses $9,196,693
Other Expenses $3,719,681
TOTAL EXPENSES $10,273,105

Year-over-Year Comparison

2024 2023 Change
Revenue $10,122,291 $10,307,493 0.0%
Expenses $10,273,105 $9,367,508 +0.1%
Net Income $-150,814 $939,985 -1.2%
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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Governance

Voting Members
11
Independent Members
11
Employees
62
Volunteers
30

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
5
$192,125
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DAY CHAIR 0.50
Officer Director
$0 $0 $0
DR DONNA WISEMAN VICE CHAIR 0.50
Officer Director
$0 $0 $0
ROBERT CATLIN TREASURER UNTIL MARCH 2025 0.50
Officer Director
$0 $0 $0
CARLO COLELLA SECRETARY 0.50
Officer Director
$0 $0 $0
GARY MICHAEL BOARD MEMBER 0.50
Director
$0 $0 $0
SENATOR JAMES ROSAPEPE BOARD MEMBER 0.50
Director
$0 $0 $0
DR HANK BOYD ESQ BOARD MEMBER 0.50
Director
$0 $0 $0
ERICA ESTRADA-LIOU BOARD MEMBER 0.50
Director
$0 $0 $0
DR STEPHEN THOMAS BOARD MEMBER 0.50
Director
$0 $0 $0
DR GAYATRI VARMA BOARD MEMBER 0.50
Director
$0 $0 $0
DR CAROLYN BERNACHE BOARD MEMBER 0.50
Director
$0 $0 $0
KIMBERLY GRIFFIN BOARD MEMBER 0.50
Director
$0 $0 $0
SANDY ABU-ARJA EXECUTIVE DIRECTOR 45.00
Officer
$179,205 $12,920 $192,125
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 $10,122,291 $10,273,105 $16,970,288 $-150,814
2024 $10,307,493 $9,367,508 $18,570,861 $939,985
2023 $10,496,146 $9,064,360 $18,133,378 $1,431,786
2022 $9,053,364 $8,018,194 $7,806,759 $1,035,170
2021 $7,973,757 $7,567,877 $6,983,949 $405,880
2020 $7,707,548 $7,128,927 $6,566,778 $578,621
2019 $7,551,835 $6,579,866 $6,030,009 $971,969
2018 $6,520,220 $6,499,047 $5,138,699 $21,173
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