The Other Side Academy (EIN 474495796) - 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

Tim Stay

Phone

8016138370

Tax Period

2023-01-01 to 2023-12-31

The Other Side Academy, founded in 2015, is a mid-sized nonprofit in the Crime & Legal sector that reported $21.9M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.7M, a strong 35% operating margin.

Mission

The operation of schools where students learn vocational, pro-social,and life skills so they can succeed on "the other side". Students are men and women pre- and post-sentencing and those within jails and prisons; as well as, convicts, substance abusers, homeless, and others.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $11,746,339

Program Service Revenue $6,865,102

Investment Income $94,397

Other Revenue $3,229,642

TOTAL REVENUE $21,935,480

Expense Breakdown

Grants Paid $185,000

Salaries & Benefits $3,922,281

Fundraising Expenses $224,618

Program Expenses $12,841,796

Other Expenses $10,046,632

TOTAL EXPENSES $14,225,913

Year-over-Year Comparison

	2023	2022	Change
Revenue	$21,935,480	$16,806,772	+0.3%
Expenses	$14,225,913	$11,911,602	+0.2%
Net Income	$7,709,567	$4,895,170	+0.6%

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

$275,935

Total Directors

$275,935

Key Employees

$201,448

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Stay	CEO	40.00	Officer Director	$212,200	$63,735	$275,935
Joseph Grenny	Chair	1.00	Officer Director	$0	$0	$0
Ted Broman	Member	1.00	Director	$0	$0	$0
David Durocher	Executive Director	40.00	Key Emp	$163,333	$38,115	$201,448

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
2024	No data	No data	No data	No data
2023	$21,935,480	$14,225,913	$46,977,760	$7,709,567
2022	$16,806,772	$11,911,602	$34,712,375	$4,895,170
2021	$13,631,288	$9,300,592	$27,999,370	$4,330,696
2020	$8,301,357	$6,374,853	$20,137,312	$1,926,504
2019	$9,272,105	$5,570,417	$18,422,798	$3,701,688
2018	$11,360,438	$4,841,731	$13,839,833	$6,518,707

The Other Side Academy