PRA BUILDING CORPORATION (EIN 463721272) - 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

Principal Officer

DAVID MALLETT

Phone

7203990300

Tax Period

2024-07-01 to 2025-06-30

PRA BUILDING CORPORATION, founded in 2013, is a community nonprofit in the Education sector that reported $2.5M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $2.9M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE PRA BUILDING CORPORATION HOLDS TITLE TOPROPERTY AND ACTS TO FACILITATE THE OPERATIONS OF PROSPECT RIDGE ACADEMY CHARTER SCHOOL AND PROMOTES PUBLIC AND CHARTER SCHOOL EDUCATION THROUGH ACQUIRING, LEASING, OR CONSTRUCTING FACILITIES TO BE LEASED TO THE CHARTER SCHOOL.

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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 $0

Program Service Revenue $2,316,581

Investment Income $140,075

Other Revenue $0

TOTAL REVENUE $2,456,656

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,885,388

Other Expenses $2,885,388

TOTAL EXPENSES $2,885,388

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,456,656	$2,166,379	+0.1%
Expenses	$2,885,388	$3,051,695	-0.1%
Net Income	$-428,732	$-885,316	-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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID MALLETT	SECRETARY	2.00	Officer Director	$0	$0	$0
KEN ROOKS	PRESIDENT	2.00	Officer Director	$0	$0	$0
TODD STOCKARD	TREASURER	2.00	Officer 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	$2,456,656	$2,885,388	$34,999,813	$-428,732
2024	$2,166,379	$3,051,695	$36,227,545	$-885,316
2023	$2,280,354	$2,877,869	$37,584,480	$-597,515
2022	$1,850,386	$2,800,344	$39,956,775	$-949,958
2021	$1,748,022	$2,885,162	$40,006,047	$-1,137,140
2020	$2,340,117	$3,272,562	$40,986,647	$-932,445

PRA BUILDING CORPORATION