THRIVE CHRISTIAN ACADEMY INC (EIN 463312196) - 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

Phone

4703754120

Tax Period

2022-08-01 to 2023-07-31

THRIVE CHRISTIAN ACADEMY INC, founded in 2013, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2022. Revenue surged 420% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.6M, a strong 57% operating margin.

Mission

To provide formal instruction via regular faculty, curriculum, enrolled body of students and a place where educational activities are regularly conducted.

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,741,498

Program Service Revenue $1,747,699

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,489,197

Expense Breakdown

Grants Paid $0

Salaries & Benefits $768,703

Fundraising Expenses $0

Program Expenses $1,928,064

Other Expenses $1,159,361

TOTAL EXPENSES $1,928,064

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,489,197	$863,992	+4.2%
Expenses	$1,928,064	$813,835	+1.4%
Net Income	$2,561,133	$50,157	+50.1%

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

Total Directors

Key Employees

$90,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Duane Stubbs	Board Vice-Chair	5.00	Officer	$0	$0	$0
Deborah McClanahan	Board Chair	5.00	Officer	$0	$0	$0
Danielle Jones	Treasurer	4.00	Officer	$0	$0	$0
Monica S Hall	Director & Principal	50.00	Key Emp Highest	$90,000	$0	$90,000
Ebony Stubbs	Secretary	1.00	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
2023	$4,489,197	$1,928,064	$1,708,068	$2,561,133
2022	$863,992	$813,835	$450,514	$50,157
2021	$1,992,567	$1,807,760	$438,306	$184,807

THRIVE CHRISTIAN ACADEMY INC