Ronald Wilson Reagan Academy (EIN 562533763) - 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

Principal Officer

Justin Riggs

Phone

8014897828

Tax Period

2023-07-01 to 2024-06-30

Ronald Wilson Reagan Academy, founded in 2004, is a community nonprofit in the Education sector that reported $7.7M in total revenue in fiscal year 2023. Expenses of $7.4M left a modest 4% surplus.

Mission

To manage, operate, guide, direct, and promote a public charter school funded by local, state, and federal sources.

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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 $7,322,013

Program Service Revenue $233,348

Investment Income $85,765

Other Revenue $55,699

TOTAL REVENUE $7,696,825

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,099,922

Fundraising Expenses $0

Program Expenses $6,247,357

Other Expenses $2,272,809

TOTAL EXPENSES $7,372,731

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,696,825	$7,381,641	+0.0%
Expenses	$7,372,731	$6,651,812	+0.1%
Net Income	$324,094	$729,829	-0.6%

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

141

Volunteers

224

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

$246,967

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Millward	President	1.00	Officer Director	$0	$0	$0
Austianna Wilson	Treasurer	1.00	Officer Director	$0	$0	$0
Amy Magelby	Board Member	1.00	Director	$0	$0	$0
April Gallier	Board Member	1.00	Director	$0	$0	$0
Joy Herring	Board Member	1.00	Director	$0	$0	$0
Justin Riggs	Director	40.00	Officer	$212,906	$34,061	$246,967

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	$7,696,825	$7,372,731	$12,307,348	$324,094
2023	$7,381,641	$6,651,812	$12,175,273	$729,829
2022	$6,492,528	$6,166,134	$11,742,145	$326,394
2021	$5,928,477	$5,748,497	$11,695,937	$179,980
2020	$5,597,792	$5,427,262	$12,088,851	$170,530
2019	$5,381,634	$5,262,348	$12,077,309	$119,286
2018	$5,192,210	$5,113,427	$12,237,908	$78,783

Ronald Wilson Reagan Academy