Kuumba Academy Charter School Inc (EIN 510399911) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Phone

3026604750

Tax Period

2024-07-01 to 2025-06-30

Kuumba Academy Charter School Inc, founded in 1998, is a mid-sized nonprofit in the Education sector that reported $15.4M in total revenue in fiscal year 2024. Expenses of $14.5M left a modest 6% surplus.

Mission

Kuumba Academy Mission is to provide an innovative learning environment focused on the whole child. Kuumba Academy directors, staff and parents share a core belief that parents are the primary educators and are in partnership with Kuumba Academy

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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 $15,311,497

Program Service Revenue $20,650

Investment Income $67,182

Other Revenue $0

TOTAL REVENUE $15,399,329

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,534,101

Fundraising Expenses $103,538

Program Expenses $13,781,730

Other Expenses $5,957,068

TOTAL EXPENSES $14,491,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,399,329	$15,882,820	0.0%
Expenses	$14,491,169	$16,374,953	-0.1%
Net Income	$908,160	$-492,133	-2.8%

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

N/A

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

$163,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sally Maldonado	COO	40.00	Officer	$125,434	$0	$125,434
Natakie Chestnut-Lee	CEO	40.00	Officer	$38,366	$0	$38,366
Dr Joan Coker	Vice President	2.00	Director	$0	$0	$0
H Raye Jones Avery	Vice President	2.00	Director	$0	$0	$0
Kenneth Brown	Director	2.00	Director	$0	$0	$0
Bernard Fisher	Treasurer	2.00	Director	$0	$0	$0
Leland Sylver	Director	2.00	Director	$0	$0	$0
Genelle Freeman	Director	2.00	Director	$0	$0	$0
Maureen Masters	Director	2.00	Director	$0	$0	$0
Herbert Broadwater	President	2.00	Director	$0	$0	$0
Eric King	Director	2.00	Director	$0	$0	$0
Carolyn Scott	Director	2.00	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
2025	$15,399,329	$14,491,169	$12,357,604	$908,160
2024	$15,882,820	$16,374,953	$13,740,360	$-492,133
2023	$16,119,237	$16,097,221	$15,279,591	$22,016
2022	$13,387,496	$13,594,042	$17,063,873	$-206,546
2021	$10,879,766	$12,365,520	$11,555,366	$-1,485,754
2020	$10,394,708	$11,858,777	$7,190,636	$-1,464,069
2019	$9,556,552	$11,652,057	$6,281,485	$-2,095,505
2018	$9,871,900	$10,119,878	$6,513,327	$-247,978

Kuumba Academy Charter School Inc