SPHINX ACADEMY INC

EIN: 473487919 501(c)(3) Education

Lexington, KY

Total Revenue
$326,534
Total Expenses
$397,126
Total Assets
$85,672
Net Assets
$58,164
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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
KY
Phone
8592935350
Tax Period
2023-07-01 to 2024-06-30

SPHINX ACADEMY INC, founded in 2015, is a small nonprofit in the Education sector that reported $327K in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. Expenses of $397K exceeded revenue, resulting in a 22% operating deficit.

Mission

Non-profit educational facility for grades 9 through 12

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,804
Program Service Revenue $294,730
Investment Income $0
Other Revenue $0
TOTAL REVENUE $326,534

Expense Breakdown

Grants Paid $0
Salaries & Benefits $266,976
Fundraising Expenses $500
Program Expenses $291,200
Other Expenses $130,150
TOTAL EXPENSES $397,126

Year-over-Year Comparison

2023 2022 Change
Revenue $326,534 $400,084 -0.2%
Expenses $397,126 $322,583 +0.2%
Net Income $-70,592 $77,501 -1.9%
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

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Governance

Voting Members
6
Independent Members
1
Employees
7
Volunteers
1

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
0
$0
Total Directors
6
$78,224
Key Employees
7
$244,419
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jennifer Lincoln Director of Education 40
Director Key Emp Highest
$50,378 $0 $50,378
Julia Saderholm Instructor 40
Key Emp
$45,000 $0 $45,000
Arlo Barnette Instructor 40
Key Emp
$45,000 $0 $45,000
Luke Russell Instructor 40
Key Emp
$38,000 $0 $38,000
William Fritz Instructor 40
Key Emp
$35,807 $0 $35,807
Wafaa Elghoroury Curriculum Dir/Instructor 40
Director Key Emp
$27,846 $0 $27,846
Marialyce Gradek Business Manager 1
Key Emp
$2,388 $0 $2,388
Preston Ausbrook Director 0
Director
$0 $0 $0
Jason Hurst Director 0
Director
$0 $0 $0
Debbie Arbaugh Director 0
Director
$0 $0 $0
Andrea Fiero Director 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 No data No data No data No data
2024 $326,534 $397,126 $85,672 $-70,592
2023 $400,084 $322,583 $159,723 $77,501
2022 $378,777 $398,302 $91,720 $-19,525
2021 $366,263 $320,264 $139,000 $45,999
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