PINEAPPLE COVE CLASSICAL ACADEMY INC (EIN 463912716) - 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

2007

Legal Domicile

Principal Officer

NORDA GORDON

Phone

3214992585

Tax Period

2024-07-01 to 2025-06-30

PINEAPPLE COVE CLASSICAL ACADEMY INC, founded in 2007, is a mid-sized nonprofit in the Education sector that reported $12.8M in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year.

Mission

TO OPERATE A CHARTER SCHOOL IN BREVARD COUNTY, FLORIDA

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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 $11,943,333

Program Service Revenue $675,343

Investment Income $141,094

Other Revenue $0

TOTAL REVENUE $12,759,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,141,532

Fundraising Expenses $0

Program Expenses $9,776,572

Other Expenses $5,190,896

TOTAL EXPENSES $13,332,428

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,759,770	$13,773,378	-0.1%
Expenses	$13,332,428	$13,166,049	+0.0%
Net Income	$-572,658	$607,329	-1.9%

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

180

Volunteers

N/A

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
MICHAEL CONTRERAS	BOARD MEMBER	N/A	Director	$0	$0	$0
NORDA GORDON	PRESIDENT	N/A	Officer Director	$0	$0	$0
REBECCA NAGEL	BOARD MEMBER	N/A	Director	$0	$0	$0
ANGELA STURM	SECRETARY	N/A	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	$12,759,770	$13,332,428	$28,497,133	$-572,658
2024	No data	No data	No data	No data
2023	$10,776,664	$11,112,982	$29,025,605	$-336,318
2022	$10,651,734	$11,010,584	$29,710,199	$-358,850
2021	$8,948,642	$10,198,604	$29,297,952	$-1,249,962
2020	$7,010,678	$8,210,308	$30,816,324	$-1,199,630
2019	$5,237,892	$7,114,674	$33,890,528	$-1,876,782
2018	$4,949,173	$4,714,360	$846,395	$234,813

PINEAPPLE COVE CLASSICAL ACADEMY INC