North Metro Flex Academy (EIN 473674368) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

Mike Leary

Phone

6126442671

Tax Period

2024-07-01 to 2025-06-30

North Metro Flex Academy, founded in 2015, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Expenses of $3.5M left a modest 7% surplus.

Mission

North Metro Flex Academy's mission is to prepare a diverse community of elementary and middle school students to be successful in high school, college and in their chosen vocation through a flexible, individualized learning experience that develops analytical, compassionate, disciplined and self-directed learners.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,796,363

Program Service Revenue $4,232

Investment Income $146

Other Revenue $8,868

TOTAL REVENUE $3,809,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,087,860

Fundraising Expenses $0

Program Expenses $3,114,533

Other Expenses $1,442,977

TOTAL EXPENSES $3,530,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,809,609	$3,766,684	+0.0%
Expenses	$3,530,837	$3,647,765	0.0%
Net Income	$278,772	$118,919	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$260,392

Total Directors

$154,179

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Leary	Chair	5.00	Officer Director	$0	$0	$0
Kyle Johnson	Secretary/Teacher	40.00	Officer Director	$50,174	$10,324	$60,498
David Isaacson	Treasurer/Teacher	40.00	Officer Director	$79,103	$14,578	$93,681
Joe Palkowitsch	Member	1.00	Director	$0	$0	$0
Barbara Smith	Member	1.00	Director	$0	$0	$0
Debra Kranz	Principal/Ex-Officio	40.00	Officer	$97,667	$8,546	$106,213

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	$3,809,609	$3,530,837	$1,205,217	$278,772
2024	$3,766,684	$3,647,765	$1,714,954	$118,919
2023	$4,109,981	$3,610,953	$2,306,897	$499,028
2022	$4,276,276	$3,907,106	$2,854,068	$369,170
2021	$3,920,977	$4,069,554	$2,256,134	$-148,577
2020	$3,645,592	$4,051,185	$2,512,307	$-405,593
2019	$3,551,777	$3,456,327	$3,046,068	$95,450
2018	$3,257,228	$3,806,249	$2,692,846	$-549,021

North Metro Flex Academy