ADVANCE ACHIEVER ACADEMY INC

EIN: 474614892 501(c)(3) Education

HOMESTEAD, FL

Total Revenue
$3,690,681
Total Expenses
$3,420,467
Total Assets
$2,238,639
Net Assets
$2,025,725
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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
FL
Principal Officer
AYMEE HERNANDEZ
Tax Period
2023-01-01 to 2023-12-31

ADVANCE ACHIEVER ACADEMY INC, founded in 2015, is a community nonprofit in the Education sector that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 7% surplus.

Mission

TO EMPOWER STUDENTS WITH THE KNOWLEDGE AND SKILLS TO SUCCESSFULLY COMPETE IN THIS CONSTANTLY CHANGING INTERDEPENDENT GLOBAL COMMUNITY

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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 $0
Program Service Revenue $3,683,099
Investment Income $7,582
Other Revenue $0
TOTAL REVENUE $3,690,681

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,192,168
Fundraising Expenses $0
Program Expenses $3,161,606
Other Expenses $2,228,299
TOTAL EXPENSES $3,420,467

Year-over-Year Comparison

2023 2022 Change
Revenue $3,690,681 $3,053,275 +0.2%
Expenses $3,420,467 $2,944,638 +0.2%
Net Income $270,214 $108,637 +1.5%
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
3
Independent Members
3
Employees
38
Volunteers
3

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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUHAIL FERNANDEZ VICE PRESIDEENT 40.00
Officer
$0 $0 $0
AYMEE HERNANDEZ PRESIDENT 40.00
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
2024 No data No data No data No data
2023 $3,690,681 $3,420,467 $2,238,639 $270,214
2022 $3,053,275 $2,944,638 $2,042,567 $108,637
2021 $3,140,762 $2,422,202 $1,880,166 $718,560
2020 $2,903,764 $2,352,562 $1,199,701 $551,202
2019 $2,415,661 $2,167,200 $440,529 $248,461
2018 $1,920,455 $2,062,657 $527,065 $-142,202
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