PUREST ACADEMY FOR KIDS (EIN 465372797) - 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

NICOLE AUSTIN

Phone

5628651371

Tax Period

2022-01-01 to 2022-12-31

PUREST ACADEMY FOR KIDS, founded in 2014, is a small nonprofit in the Education sector that reported $214K in total revenue in fiscal year 2022. Revenue decreased 20% compared to the prior year. Expenses of $245K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE HIGH QUALITY CHILD CARE FOR MODERATE AND LOW INCOME FAMILIES.

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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 $109

Program Service Revenue $214,313

Investment Income $0

Other Revenue $0

TOTAL REVENUE $214,422

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $157,223

Fundraising Expenses $0

Program Expenses $216,999

Other Expenses $86,703

TOTAL EXPENSES $244,926

Year-over-Year Comparison

	2022	2021	Change
Revenue	$214,422	$268,010	-0.2%
Expenses	$244,926	$264,623	-0.1%
Net Income	$-30,504	$3,387	-10.0%

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

$39,950

Total Directors

$39,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICOLE AUSTIN	EXECUTIVE DIRECTOR	40.00	Officer Director	$39,800	$150	$39,950
NYTESHIA STITH	CHAIR	1.00	Director	$0	$0	$0
GWEN SPICER	TREASURER	1.00	Director	$0	$0	$0
SHANI JONES	SECRETARY	2.00	Director	$0	$0	$0
ROXANNE WILLIAMS	BOARD MEMBER	1.00	Officer	$0	$0	$0
NIA SMITH	BOARD MEMBER	1.00	Officer	$0	$0	$0
VALERIE CHIU	BOARD MEMBER	1.00	Officer	$0	$0	$0
KANDYCE FALLON	BOARD MEMBER	1.00	Officer	$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
2022	$214,422	$244,926	$897	$-30,504
2021	$268,010	$264,623	$7,716	$3,387
2020	$203,042	$268,679	$62,758	$-65,637
2019	$301,893	$291,947	$2,586	$9,946
2018	$298,592	$305,279	$659	$-6,687

PUREST ACADEMY FOR KIDS