RYAN BANKS ACADEMY (EIN 473666107) - 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

2015

Legal Domicile

Principal Officer

ANN ZEILER

Phone

6308802571

Tax Period

2021-07-01 to 2022-06-30

RYAN BANKS ACADEMY, founded in 2015, is a small nonprofit that reported $653K in total revenue in fiscal year 2021. Revenue decreased 6% compared to the prior year. Expenses of $618K left a modest 5% surplus.

Mission

THE RYAN BANKS ACADEMY IS CHICAGO'S FIRST TUITION-FREE, INNER-CITY, CO-ED RESIDENTIAL BOARDING SCHOOL FOR UNDERSERVED CHILDREN IN GRADES 7 THROUGH 12. THE ACADEMY COMBINES A HIGH-QUALITY, FUTURE-FACING STEAM CURRICULUM WITH AN INTEGRATED SOCIAL-EMOTIONAL EDUCATION IN ORDER TO PROPEL STUDENTS OUT OF POVERTY AND INTO THE NEXT GENERATION OF LEADERS, THINKERS, AND WORLD-CHANGERS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $652,818

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $652,818

Expense Breakdown

Grants Paid $0

Salaries & Benefits $451,153

Fundraising Expenses $154,406

Program Expenses $463,221

Other Expenses $166,474

TOTAL EXPENSES $617,627

Year-over-Year Comparison

	2021	2020	Change
Revenue	$652,818	$697,100	-0.1%
Expenses	$617,627	$488,649	+0.3%
Net Income	$35,191	$208,451	-0.8%

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

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

$140,288

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LIONEL ALLEN	DIRECTOR	2.00	Director	$0	$0	$0
KEVIN BERRY	DIRECTOR	2.00	Director	$0	$0	$0
TOM CHURCHWELL	DIRECTOR	2.00	Director	$0	$0	$0
ALTON HARRIS	DIRECTOR	2.00	Director	$0	$0	$0
ANDREA HUNT	DIRECTOR	2.00	Director	$0	$0	$0
JANE KIERNAN	DIRECTOR	2.00	Director	$0	$0	$0
WENDY MANNING	DIRECTOR	2.00	Director	$0	$0	$0
LORI MORENO	DIRECTOR	2.00	Director	$0	$0	$0
MELANIA PRIEST	DIRECTOR	2.00	Director	$0	$0	$0
JASMINE PORTER RAWLINS	DIRECTOR	2.00	Director	$0	$0	$0
NAZ SALEEM	DIRECTOR	2.00	Director	$0	$0	$0
TED WIETHOP	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD GLASS JR EDD	CHIEF EXECUTIVE OFFICER	40.00	Officer	$110,000	$0	$110,000
KAREN SWABACK	OPERATIONS DIRECTOR	40.00	Officer	$30,288	$0	$30,288

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	$652,818	$617,627	$340,400	$35,191
2021	$697,100	$488,649	$370,355	$208,451
2020	$513,801	$704,454	$157,347	$-190,653
2019	$337,845	$372,006	$63,136	$-34,161

RYAN BANKS ACADEMY