King Academy Community School Inc (EIN 562468311) - 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

2004

Legal Domicile

Phone

5134217519

Tax Period

2022-07-01 to 2023-06-30

King Academy Community School Inc, founded in 2004, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2022. The organization ran a surplus of $317K, a strong 22% operating margin.

Mission

Our mission is to deliver superior academic and athletic programs that provide students with multiple pathways toward achieving their academic and personal goals. While focusing on the total development of each student and their individual needs our goal is to foster students' self-esteem and desire to learn as we prepare them for success in the 21st Century.

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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 (2022)

Revenue Breakdown

Contributions & Grants $1,385,383

Program Service Revenue $0

Investment Income $0

Other Revenue $27,067

TOTAL REVENUE $1,412,450

Expense Breakdown

Grants Paid $0

Salaries & Benefits $201,531

Fundraising Expenses $0

Program Expenses $962,102

Other Expenses $894,062

TOTAL EXPENSES $1,095,593

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,412,450	$1,437,977	0.0%
Expenses	$1,095,593	$1,224,632	-0.1%
Net Income	$316,857	$213,345	+0.5%

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

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

$2,750

Total Directors

$3,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Jennings	Board Treasurer	1.00	Officer Director	$625	$0	$625
Monica Utley	Board Member	1.00	Director	$500	$0	$500
Michael Starks	Board President	2.00	Officer Director	$750	$0	$750
Dwight Brown	Board Vice-President	1.00	Officer Director	$750	$0	$750
Allen Clark	Board Secretary	1.00	Officer Director	$625	$0	$625

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
2023	$1,412,450	$1,095,593	$1,198,412	$316,857
2022	$1,764,832	$1,688,285	$688,015	$76,547
2021	$1,437,977	$1,224,632	$340,874	$213,345

King Academy Community School Inc