BONNEVILLE ACADEMY

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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

2016

Legal Domicile

Principal Officer

JULIETTE HERRERA

Phone

4353152080

Tax Period

2024-07-01 to 2025-06-30

BONNEVILLE ACADEMY, founded in 2016, is a community nonprofit in the Education sector that reported $4.3M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $4.1M left a modest 3% surplus.

Mission

BONNEVILLE ACADEMY WILL FOSTER CRITICAL THINKING AND PROBLEM SOLVING SKILLS IN A CHALLENGING, STUDENT CENTERED ENVIROMENT; BY ENCOURAGING EXPLORATION IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM). PREPARING STUDENTS FOR SUCCESS IN OUR EVER CHANGING, DYNAMIC WORLD.

Program Service Accomplishments

Program 1

Expenses: $3,499,581 Revenue: $89,945

MAIN PROGRAM IS TO EDUCATE STUDENTS. OUR ACHIEVEMENTS HAVE BEEN AND ARE TO PROVIDE INNOVATIVE EFFECTIVE LEARNING FOR STUDENTS AND HELP PREPARE THEM FOR LIFE AFTER SCHOOL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,026,525

Program Service Revenue $89,945

Investment Income $144,074

Other Revenue $0

TOTAL REVENUE $4,260,544

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,617,255

Fundraising Expenses $0

Program Expenses $3,499,581

Other Expenses $1,495,179

TOTAL EXPENSES $4,112,434

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,260,544	$4,835,807	-0.1%
Expenses	$4,112,434	$4,087,392	+0.0%
Net Income	$148,110	$748,415	-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

101

Volunteers

200

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

$100,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLIN FOX	CHAIR	3.00	Officer Director	$0	$0	$0
WILL FRAZIER	VICE CHAIR	3.00	Officer Director	$0	$0	$0
BRITA HALL	TREASURER	3.00	Officer Director	$0	$0	$0
SORAYA SNIPES	TRUSTEE	3.00	Director	$0	$0	$0
MELISSA BRIGGS	TRUSTEE	3.00	Director	$0	$0	$0
CLINT THOMPSEN	TRUSTEE	3.00	Director	$0	$0	$0
CORRIE NORMAN	TRUSTEE	3.00	Director	$0	$0	$0
JULIETTE HERRERA	DIRECTOR OF OPERATIONS	40.00	Officer	$95,175	$5,325	$100,500

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	$4,260,544	$4,112,434	$11,731,563	$148,110
2024	$4,835,807	$4,087,392	$11,855,168	$748,415
2023	$5,188,255	$4,344,242	$11,294,705	$844,013
2022	$5,193,465	$4,567,936	$10,676,330	$625,529
2021	$4,877,255	$4,523,878	$10,223,955	$353,377