T2 Honors Academy (EIN 464458417) - 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

Phone

2166409551

Tax Period

2024-07-01 to 2025-06-30

T2 Honors Academy, founded in 2013, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Expenses of $2.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

T Squared Honors Academy will utilize a rigorous innovative academic curriculum to infuse a passion for people, intrinsic motivation and self-discipline in its students.

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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 $1,654,647

Program Service Revenue $0

Investment Income $0

Other Revenue $31,235

TOTAL REVENUE $1,685,882

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,001,534

Fundraising Expenses $0

Program Expenses $1,654,647

Other Expenses $967,101

TOTAL EXPENSES $1,968,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,685,882	$1,656,834	+0.0%
Expenses	$1,968,635	$1,685,861	+0.2%
Net Income	$-282,753	$-29,027	+8.7%

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

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
Adrienne Carr	Board Member	1.0	Director	$0	$0	$0
Latasha Glass	Board Member	1.0	Director	$0	$0	$0
Sylvia Aziz	Board Member	1.0	Director	$0	$0	$0
Tonya Black	Board Member	1.0	Director	$0	$0	$0
Velma Phillips	Board Member	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	$1,685,882	$1,968,635	$1,025,327	$-282,753
2024	No data	No data	No data	No data
2023	$1,542,957	$1,617,312	$889,405	$-74,355
2022	$1,461,107	$1,360,003	$916,583	$101,104
2021	$1,275,610	$1,136,031	$510,439	$139,579

T2 Honors Academy