STRIVE COLLEGIATE ACADEMY (EIN 464782840) - 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

2014

Legal Domicile

Principal Officer

LAKENDRA BUTLER

Phone

6156456440

Tax Period

2024-07-01 to 2025-06-30

STRIVE COLLEGIATE ACADEMY, founded in 2014, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring. Expenses of $4.9M exceeded revenue, resulting in a 38% operating deficit.

Mission

TO PREPARE MIDDLE SCHOOL STUDENTS FOR SUCCESS IN HIGH SCHOOL, COLLEGE, AND CAREER.

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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 $3,539,500

Program Service Revenue $34,142

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,573,642

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,142,815

Fundraising Expenses $0

Program Expenses $3,388,568

Other Expenses $2,780,842

TOTAL EXPENSES $4,923,657

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,573,642	$4,503,808	-0.2%
Expenses	$4,923,657	$5,112,435	0.0%
Net Income	$-1,350,015	$-608,627	+1.2%

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

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

$138,432

Total Directors

$138,432

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT EMERSON	BOARD CHAIR	0.00	Officer Director	$0	$0	$0
SARAH ANN EZELL	BOARD MEMBER	0.00	Director	$0	$0	$0
DR AIKYNA FINCH	BOARD SECRETARY	0.00	Officer Director	$0	$0	$0
DIANE QUARLES-HARTMAN	BOARD MEMBER	0.00	Director	$0	$0	$0
NORMA SHIRK	BOARD VICE CHAIR	0.00	Officer Director	$0	$0	$0
LAKENDRA BUTLER	EXECUTIVE DIRECTOR	40.00	Officer Director	$138,432	$0	$138,432
STEPHANIC HUFFMAN	BOARD MEMBER	0.00	Director	$0	$0	$0
CARL JOHNS ISHAM	BOARD MEMBER	0.00	Director	$0	$0	$0
YOLANDO SUTTLE	BOARD MEMBER	0.00	Director	$0	$0	$0
JORDAN WATERS	BOARD MEMBER	0.00	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	$3,573,642	$4,923,657	$4,614,937	$-1,350,015
2024	No data	No data	No data	No data
2023	$5,542,425	$5,434,948	$8,070,973	$107,477
2022	$6,092,335	$5,727,976	$4,357,176	$364,359
2021	$4,932,773	$4,288,680	$3,579,293	$644,093
2020	$4,484,759	$4,290,553	$2,778,532	$194,206
2019	$5,094,040	$3,939,550	$2,090,692	$1,154,490
2018	$2,861,832	$2,634,747	$769,784	$227,085

STRIVE COLLEGIATE ACADEMY