BAYER PRIVATE SCHOOL (EIN 465110979) - 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

KELLY K LOVELADY

Phone

6233623700

Tax Period

2023-06-01 to 2024-05-31

BAYER PRIVATE SCHOOL, founded in 2014, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

PRIVATE SCHOOL(PK-8). PROVIDING A SUPERIOR EDUCATION TO STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN.

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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 $1,313

Program Service Revenue $2,197,199

Investment Income $34,139

Other Revenue $0

TOTAL REVENUE $2,232,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,434,275

Fundraising Expenses $0

Program Expenses $2,186,272

Other Expenses $751,997

TOTAL EXPENSES $2,186,272

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,232,651	$2,046,826	+0.1%
Expenses	$2,186,272	$1,881,594	+0.2%
Net Income	$46,379	$165,232	-0.7%

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

N/A

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
KELLY K LOVELADY	President & CEO	40.00	Officer Director	$0	$0	$0
STEPHEN W LOVELADY	Treasurer	40.00	Officer Director	$0	$0	$0
SCOTT WOOD	Director	0.00	Director	$0	$0	$0
ALLISON HUDGINS	Director	0.00	Director	$0	$0	$0
DUANE LEWIS	Director	0.00	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	$2,232,651	$2,186,272	$5,271,712	$46,379
2023	$2,046,826	$1,881,594	$5,334,556	$165,232
2022	$1,840,602	$1,615,017	$5,374,061	$225,585
2021	$1,366,220	$1,450,706	$5,325,815	$-84,486
2021	$1,366,220	$1,450,706	$5,325,815	$-84,486
2020	$1,360,643	$1,480,602	$5,255,086	$-119,959
2019	$1,559,118	$1,530,395	$5,196,545	$28,723

BAYER PRIVATE SCHOOL