ACADEMY OF GREATNESS & EXCELLENCE

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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

Phone

2018362555

Tax Period

2024-08-01 to 2025-07-31

ACADEMY OF GREATNESS & EXCELLENCE, founded in 2013, is a community nonprofit in the Education sector that reported $6.0M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

The mission is to develop highly educated, responsible and active students with an interest in the pursuit of knowledge in all its forms grounded in the strengths

Program Service Accomplishments

Program 1

Expenses: $4,229,917 Revenue: $4,404,303

THE SCHOOL, WHICH IS FULLY ACCREDITED & LICENSED BY THE STATE OF NJ, IS DEDICATED TO EXCELLENCE IN PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION IN A LOVING, NURTURING ATMOSPHERE AT A COST...

THE SCHOOL, WHICH IS FULLY ACCREDITED & LICENSED BY THE STATE OF NJ, IS DEDICATED TO EXCELLENCE IN PRE-KINDERGARTEN THROUGH TWELFTH GRADE EDUCATION IN A LOVING, NURTURING ATMOSPHERE AT A COST FAMILIES CAN AFFORD.

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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 $80,099

Program Service Revenue $4,404,303

Investment Income $0

Other Revenue $1,466,789

TOTAL REVENUE $5,951,191

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,979,341

Fundraising Expenses $0

Program Expenses $4,229,917

Other Expenses $3,798,198

TOTAL EXPENSES $5,777,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,951,191	$5,222,674	+0.1%
Expenses	$5,777,539	$5,397,140	+0.1%
Net Income	$173,652	$-174,466	-2.0%

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

N/A

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RASHAD RASHAD	PRESIDENT	8.00	Officer	$0	$0	$0
HAMMAD CHOUDHRY	VICE PRESIDENT	8.00	Officer	$0	$0	$0
WAHID MELOOK	TREASURER	8.00	Officer	$0	$0	$0
ABDESLEM ELIDRISSI	SECRETARY	8.00	Officer	$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	$5,951,191	$5,777,539	$24,743,293	$173,652
2024	$5,222,674	$5,397,140	$24,541,635	$-174,466
2023	$4,836,444	$3,254,296	$21,625,963	$1,582,148
2022	$3,502,341	$2,675,178	$18,311,548	$827,163
2021	$3,274,763	$2,673,462	$4,849,786	$601,301
2020	$3,123,635	$2,491,373	$4,600,805	$632,262
2019	$2,603,421	$2,500,395	$4,156,496	$103,026
2018	$2,229,849	$1,865,924	$3,997,316	$363,925