Oak Academies 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

JOSE GERARDO CARDENAS

Phone

2817596774

Tax Period

2024-01-01 to 2024-12-31

Oak Academies Inc, founded in 2013, is a community nonprofit in the Education sector that reported $6.3M in total revenue in fiscal year 2024. Revenue surged 121% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT OTHER AFFILIATED ORGANIZATIONS. TO PROMOTE THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE SUPPORTED ORGANIZATION. TO RECEIVE, MANAGE AND DISTRIBUTE CONTRIBUTIONS AND GRANTS RECEIVED FROM PUBLIC AND PRIVATE SOURCES.

Program Service Accomplishments

Program 1

Expenses: $6,075,205 Revenue: $1,284,225

SUPPORT ACTIVITIES TO ENCOURAGE ENROLLMENT IN EDUCATIONAL ACTIVITIES MEANWHILE MANAGING CONTRIBUTIONS FROM PUBLIC AND PRIVATE SOURCES.

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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 $3,910,401

Program Service Revenue $1,284,225

Investment Income $0

Other Revenue $1,087,555

TOTAL REVENUE $6,282,181

Expense Breakdown

Grants Paid $3,757,299

Salaries & Benefits $48,783

Fundraising Expenses $0

Program Expenses $6,075,205

Other Expenses $2,413,972

TOTAL EXPENSES $6,220,054

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,282,181	$2,837,143	+1.2%
Expenses	$6,220,054	$2,944,862	+1.1%
Net Income	$62,127	$-107,719	-1.6%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
GABRIEL RAMON SOTRES	PRESIDENT	Officer Director	$0	$0	$0
JESUS VILLAGRASA	VICE PRESIDENT	Officer Director	$0	$0	$0
JOSE GERARDO CARDENAS	SECRETARY AND TREASURER	Officer Director	$0	$0	$0
LUIS MANUEL GUTIERREZ	DIRECTOR	Director	$0	$0	$0
MICHAEL BRISSON	DIRECTOR	Director	$0	$0	$0
FRANK FORMOLO	ASSISTANT SECRETARY	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
2024	$6,282,181	$6,220,054	$7,887,971	$62,127
2023	$2,837,143	$2,944,862	$6,235,660	$-107,719
2022	$2,787,814	$2,336,825	$5,967,283	$450,989
2021	$2,184,993	$1,296,792	$6,044,019	$888,201
2020	$2,592,925	$3,762,704	$2,288,274	$-1,169,779
2019	$2,980,106	$2,374,432	$3,113,773	$605,674
2018	$2,946,441	$2,809,383	$3,718,669	$137,058