Wheaton Academy Institute (EIN 474967070) - 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

Phone

6305627500

Tax Period

2023-08-01 to 2024-07-31

Wheaton Academy Institute, founded in 2015, is a small nonprofit in the Education sector that reported $278K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $408K exceeded revenue, resulting in a 47% operating deficit.

Mission

Operating an international student program

🔒

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 $0

Program Service Revenue $277,752

Investment Income $0

Other Revenue $0

TOTAL REVENUE $277,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $260,715

Fundraising Expenses $0

Program Expenses $408,491

Other Expenses $147,776

TOTAL EXPENSES $408,491

Year-over-Year Comparison

	2023	2022	Change
Revenue	$277,752	$367,411	-0.2%
Expenses	$408,491	$436,674	-0.1%
Net Income	$-130,739	$-69,263	+0.9%

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

$439,508

Total Directors

$192,144

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Chris Grant	Secretary	1.0	Officer Director	$0	$0	$0
Dave Torres	Treasurer	1.0	Officer Director	$0	$0	$0
Don Adams	Vice President	1.0	Officer Director	$0	$0	$0
Doug Franklin	President	1.0	Officer Director	$0	$0	$0
Phil Strzalka	Executive Director WAI	8.0	Officer Director	$0	$38,341	$192,144
Dave Moore	Director	1.0	Director	$0	$0	$0
Mark Anderson	Director	1.0	Director	$0	$0	$0
Steve Karlson	COO/CFO	1.0	Officer	$0	$72,170	$247,364

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	$277,752	$408,491	$271,337	$-130,739
2023	$367,411	$436,674	$85,265	$-69,263
2022	$377,282	$375,610	$138,158	$1,672
2021	$535,929	$300,411	$107,120	$235,518
2020	$295,481	$391,261	$27,107	$-95,780
2019	$1,026,991	$972,815	$933	$54,176
2018	$1,160,881	$1,146,492	$594	$14,389

Wheaton Academy Institute