LOUISIANA ACHIEVEMENT CHARTER ACADEMIES INC (EIN 464180024) - 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

WALTER MORALES

Phone

6162221700

Tax Period

2022-07-01 to 2023-06-30

LOUISIANA ACHIEVEMENT CHARTER ACADEMIES INC, founded in 2013, is a mid-sized nonprofit in the Education sector that reported $19.3M in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION BASED ON RIGOROUS TEACHING METHODS, PARENTAL INVOLVEMENT, STUDENT RESPONSIBILITY, AND BASIC MORAL VALUES.

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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 $18,954,221

Program Service Revenue $51,538

Investment Income $15,852

Other Revenue $241,000

TOTAL REVENUE $19,262,611

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,093,660

Fundraising Expenses $0

Program Expenses $17,350,574

Other Expenses $9,933,368

TOTAL EXPENSES $19,027,028

Year-over-Year Comparison

	2022	2021	Change
Revenue	$19,262,611	$15,961,934	+0.2%
Expenses	$19,027,028	$15,746,719	+0.2%
Net Income	$235,583	$215,215	+0.1%

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

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
WALTER MORALES	PRESIDENT	1.0	Officer Director	$0	$0	$0
DIONE DAVIS	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
ALISA ROSS	TREASURER	1.0	Officer Director	$0	$0	$0
TABITHA BELL	SECRETARY	1.0	Officer Director	$0	$0	$0
CEDRIC NOEL	DIRECTOR	1.0	Director	$0	$0	$0
JORDAN PITTMAN	DIRECTOR	1.0	Director	$0	$0	$0
ROSE KENDRICK	DIRECTOR	1.0	Director	$0	$0	$0
DERRICK WESLEY	DIRECTOR	1.0	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$19,262,611	$19,027,028	$4,497,859	$235,583
2022	$15,961,934	$15,746,719	$4,192,635	$215,215
2021	$15,099,695	$14,984,286	$3,478,598	$115,409
2020	$13,675,364	$13,584,388	$1,836,023	$90,976
2019	$14,828,598	$14,773,970	$1,779,800	$54,628
2018	$12,751,663	$12,109,155	$1,561,797	$642,508

LOUISIANA ACHIEVEMENT CHARTER ACADEMIES INC