J O Y ACADEMY OF SOUTHERN NEVADA

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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

2015

Legal Domicile

Principal Officer

Connie Y Stolworthy

Phone

7025255608

Tax Period

2024-08-01 to 2025-07-31

J O Y ACADEMY OF SOUTHERN NEVADA, founded in 2015, is a small nonprofit in the Education sector that reported $588K in total revenue in fiscal year 2024.

Mission

A nonprofit, faith-based K-12 School. Focus is on helping students become engaged, self-directed learners and leaders.

Program Service Accomplishments

Program 1

Expenses: $30,000 Revenue: $32,638

Scholarship amounts awarded for students and volunteers in furthering educational goals. Amount was paid for from contribution revenue

Program 2

Expenses: $430,380 Revenue: $555,585

Expenses covered costs of the curriculum for Teacher Training and Materials to better serve 75 students and their families.

Program 3

Expenses: $113,981 Revenue: $555,585

Expenses were for Field Trips and Community Outreach Programs to enrich and support the learning of 75 students and their 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 (2024)

Revenue Breakdown

Contributions & Grants $32,639

Program Service Revenue $555,585

Investment Income $0

Other Revenue $0

TOTAL REVENUE $588,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $427,191

Fundraising Expenses $0

Program Expenses $574,361

Other Expenses $147,170

TOTAL EXPENSES $574,361

Year-over-Year Comparison

	2024	2023	Change
Revenue	$588,224	$572,835	+0.0%
Expenses	$574,361	$564,549	+0.0%
Net Income	$13,863	$8,286	+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

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

$16,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Connie Y Stolworthy	President	50	Officer	$16,000	$0	$16,000
Jim Shapiro	Director	1	Director	$0	$0	$0
Tina Snedden	Director	1	Director	$0	$0	$0
Lara J Allen	Secretary	10	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
2025	$588,224	$574,361	$13,863	$13,863
2024	$572,835	$564,549	$8,971	$8,286
2023	$649,366	$646,937	$9,868	$2,429
2022	$503,154	$495,715	$7,439	$7,439
2021	$359,116	$462,564	$1,953	$-103,448