LEADERSHIP PREPARATORY ACADEMY INC (EIN 510654315) - 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

2008

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

LEADERSHIP PREPARATORY ACADEMY INC, founded in 2008, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year.

Mission

TRAINING LEADERS WITH SKILLS FOR THE 21ST CENTURY BY ESTABLISHING LEADERSHIP TRAINING, RIGOROUS ACADEMIC, AND CHARACTER BULIDING ALONG WITH A PROGRAM DESIGNED TO ENGAGE PARENTS AS MODEL LEADERS IN THE HOME

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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 (2023)

Revenue Breakdown

Contributions & Grants $240,317

Program Service Revenue $3,506,603

Investment Income $0

Other Revenue $90,712

TOTAL REVENUE $3,837,632

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,471,099

Other Expenses $4,153,794

TOTAL EXPENSES $4,153,794

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,837,632	$4,228,416	-0.1%
Expenses	$4,153,794	$4,377,637	-0.1%
Net Income	$-316,162	$-149,221	+1.1%

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

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

$277,420

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
TONYA WILLIAMS	HEAD OF SCHOOL	Officer	$149,091	$0	$149,091
LONNIE HALL	CFO	Officer	$128,329	$0	$128,329
TRACEY ALLEN	BOARD MEMBER	Officer	$0	$0	$0
ANDREW RAGLAND	TREASURER	Officer	$0	$0	$0
DONRICH YOUNG	BOARD CHAIR	Officer	$0	$0	$0
CHIQUITA SMITH	SECRETARY	Officer	$0	$0	$0
KAMAU MASON	BOARD VICE CHAIRMAN	Officer	$0	$0	$0
LISA HAYGOOD	BOARD MEMBER	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
2025	No data	No data	No data	No data
2024	$3,837,632	$4,153,794	$4,761,860	$-316,162
2023	$4,228,416	$4,377,637	$6,044,013	$-149,221
2022	$3,742,679	$3,927,377	$4,749,849	$-184,698
2021	$3,795,695	$4,348,555	$4,984,158	$-552,860
2020	$5,941,490	$5,323,755	$5,777,975	$617,735
2019	$5,492,162	$5,147,942	$3,886,330	$344,220

LEADERSHIP PREPARATORY ACADEMY INC