Delores M Smith Academy Inc

EIN: 474642419 501(c)(3)

St Petersburg, FL

Total Revenue
$705,536
Total Expenses
$498,057
Total Assets
$758,805
Net Assets
$461,310
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Principal Officer
Delores Smith
Phone
7274923084
Tax Period
2021-01-01 to 2021-12-31

Delores M Smith Academy Inc, founded in 2015, is a small nonprofit that reported $706K in total revenue in fiscal year 2021. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $207K, a strong 29% operating margin.

Mission

Our mission is for children to develop character, respect, and integrity in children. The curriculum in the classroom prepares children to tackle the complexities of everyday life, by encouraging them to develop an interpersonal relationship with themselves and social relationships with their peers. These skills enable each child to transition smoothly into School Systems.Our philosophy is that learning should be an experience. Our academy provides a safe, clean, loving second home for children. Their mental and physical well-being is our prime concern. We want the parents to feel secure in the knowledge that their children are happy and well cared for in a nurturing environment that strives for the very best in pre-school, before and after-care.

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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 (2021)

Revenue Breakdown

Contributions & Grants $452,104
Program Service Revenue $211,432
Investment Income $0
Other Revenue $42,000
TOTAL REVENUE $705,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $238,839
Fundraising Expenses $0
Program Expenses $350,953
Other Expenses $259,218
TOTAL EXPENSES $498,057

Year-over-Year Comparison

2021 2020 Change
Revenue $705,536 $527,219 +0.3%
Expenses $498,057 $411,139 +0.2%
Net Income $207,479 $116,080 +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

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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
5
Independent Members
4
Employees
21
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
1
$62,303
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Delores Smith President 40.00
Officer
$62,303 $0 $62,303
Kenneth Smith Director 1.00
Director
$0 $0 $0
Adrian Robbins Director 1.00
Director
$0 $0 $0
Lori Davies Director 1.00
Director
$0 $0 $0
Kevin Burney Director 1.00
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
2021 $705,536 $498,057 $758,805 $207,479
2020 $527,219 $411,139 $600,075 $116,080
2019 $372,616 $360,438 $455,263 $12,178
2018 $405,005 $338,606 $359,166 $66,399
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