CENTENNIAL PLACE ACADEMY INC (EIN 463320965) - 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

2014

Legal Domicile

Principal Officer

JESSICA OLOWOYO

Phone

4048028550

Tax Period

2024-07-01 to 2025-06-30

CENTENNIAL PLACE ACADEMY INC, founded in 2014, is a mid-sized nonprofit in the Education sector that reported $19.4M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $18.3M left a modest 6% surplus.

Mission

THE MISSION OF CENTENNIAL ACADEMY IS TO PROVIDE EDUCATIONAL EQUITY THROUGH A RIGOROUS S.T.E.A.M. CURRICULUM TO ALL OF ITS SCHOLARS.

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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 $18,776,403

Program Service Revenue $235,912

Investment Income $271,407

Other Revenue $115,480

TOTAL REVENUE $19,399,202

Expense Breakdown

Grants Paid $20,000

Salaries & Benefits $13,976,001

Fundraising Expenses $26,813

Program Expenses $16,246,041

Other Expenses $4,292,281

TOTAL EXPENSES $18,288,282

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,399,202	$16,874,157	+0.1%
Expenses	$18,288,282	$16,156,501	+0.1%
Net Income	$1,110,920	$717,656	+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

146

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

$236,198

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA OLOWOYO	HEAD OF SCHOOL	40.00	Officer	$182,873	$53,325	$236,198
STEPHANIE HODGES	PRINCIPAL	40.00	Highest	$145,419	$47,491	$192,910
ANGELA DAMA HENDRICKS	ASSISTANT PRINCIPAL	40.00	Highest	$126,977	$43,728	$170,705
EZEQUIEL ALEJANDRO II	DIRECTOR OF DATA & ANALYTICS	40.00	Highest	$132,797	$35,523	$168,320
JULIEN SIAH	DIRECTOR OF OPERATIONS	40.00	Highest	$124,131	$42,899	$167,030
CEDRIC THORBES	PRINCIPAL	40.00	Highest	$128,119	$34,250	$162,369
EGBERT PERRY	CHAIRMAN	4.00	Officer Director	$0	$0	$0
RENEE GLOVER	VICE CHAIRMAN	4.00	Officer Director	$0	$0	$0
ALLISON TOLLER	BOARD MEMBER	1.00	Director	$0	$0	$0
AQUARIA RICHARDSON-SMITH	SECRETARY	2.00	Director	$0	$0	$0
CHAUNDRA GIPSON	BOARD MEMBER (THROUGH 6/30)	1.00	Director	$0	$0	$0
CHRISTOPHER BURKE	BOARD MEMBER	1.00	Director	$0	$0	$0
DEMETRIUS PATTERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
DR DERRICK GERVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
DR HOWARD GRANT	BOARD MEMBER	1.00	Director	$0	$0	$0
DR LIZANNE DESTEFANO	BOARD MEMBER	1.00	Director	$0	$0	$0
MAURICE BAKER	BOARD MEMBER	1.00	Director	$0	$0	$0
REWA BERRY	BOARD MEMBER	2.00	Director	$0	$0	$0
VIRGINIA SHEPPARD	BOARD MEMBER	1.00	Director	$0	$0	$0
WALT HIGGINS	BOARD MEMBER	1.00	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	$19,399,202	$18,288,282	$12,838,980	$1,110,920
2024	$16,874,157	$16,156,501	$11,490,705	$717,656
2023	$14,961,312	$14,151,593	$10,614,320	$809,719
2022	$15,067,449	$12,723,653	$9,659,495	$2,343,796
2021	$14,548,051	$11,430,991	$7,663,078	$3,117,060
2020	$11,894,570	$10,702,355	$5,189,791	$1,192,215
2019	$11,170,159	$12,058,985	$3,225,427	$-888,826
2018	$11,328,806	$11,275,860	$4,261,327	$52,946

CENTENNIAL PLACE ACADEMY INC