CUTTING EDGE LEARNING ACADEMY INC (EIN 464185917) - 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

REV MOTHER CARINA OKEKE

Phone

8137580955

Tax Period

2023-01-01 to 2023-12-31

CUTTING EDGE LEARNING ACADEMY INC, founded in 2013, is a small nonprofit in the Education sector that reported $693K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

CUTTING EDGE LEARNING ACADEMY, INC. MOTIVATES STUDENTS TO PURSUE THEIR ACADEMIC, SPIRITUAL, AND SOCIAL GOALS WHILE FOCUSING ON PRACTICING THE LOVE OF GOD AND NEIGHBOR IN THEIR DAILY INTERACTIONS. CUTTING EDGE LEARNING ACADEMY, INC. STAFF PROVIDES A NURTURING ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,970

Program Service Revenue $688,496

Investment Income $0

Other Revenue $2,550

TOTAL REVENUE $693,016

Expense Breakdown

Grants Paid $0

Salaries & Benefits $510,483

Fundraising Expenses $0

Program Expenses $619,971

Other Expenses $222,043

TOTAL EXPENSES $732,526

Year-over-Year Comparison

	2023	2022	Change
Revenue	$693,016	$765,831	-0.1%
Expenses	$732,526	$729,188	+0.0%
Net Income	$-39,510	$36,643	-2.1%

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

N/A

Employees

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

$98,546

Total Directors

$98,546

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV MOTHER CARINA OKEKE	PRESIDENT/TR	60.00	Officer Director	$98,546	$0	$98,546

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	No data	No data	No data	No data
2023	$693,016	$732,526	$98,841	$-39,510
2022	$765,831	$729,188	$97,010	$36,643
2021	$789,406	$709,299	$102,503	$80,107
2020	$560,277	$628,283	$35,972	$-68,006
2019	$554,324	$496,137	$32,630	$58,187
2018	$333,467	$350,212	$24,741	$-16,745

CUTTING EDGE LEARNING ACADEMY INC