CAMBRIDGE ACADEMY INC

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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

1968

Legal Domicile

Principal Officer

DR BRAD GRIGGS

Phone

8642292875

Tax Period

2024-07-01 to 2025-06-30

CAMBRIDGE ACADEMY INC, founded in 1968, is a community nonprofit in the Education sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum.

Mission

CAMBRIDGE ACADEMY PROVIDES STUDENTS WITH AN ACADEMICALLY EXCELLENT CURRICULUM, WHILE FOSTERING PHYSICAL, SOCIAL, AND SPIRITUAL WELLNESS WITHIN A NURTURING ENVIRONMENT.

Program Service Accomplishments

Program 1

Expenses: $1,159,267 Revenue: $975,872

CAMBRIDGE ACADEMY IS AN INDEPENDENT (PRIVATE) COLLEGE PREPARATORY SCHOOL FOR STUDENTS FROM 18 MONTHS THROUGH 12TH GRADE LOCATED IN GREENWOOD, SC.

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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 $460,992

Program Service Revenue $975,120

Investment Income $2,013

Other Revenue $7,670

TOTAL REVENUE $1,445,795

Expense Breakdown

Grants Paid $0

Salaries & Benefits $973,305

Fundraising Expenses $3,864

Program Expenses $1,159,267

Other Expenses $475,620

TOTAL EXPENSES $1,448,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,445,795	$1,139,812	+0.3%
Expenses	$1,448,925	$1,547,188	-0.1%
Net Income	$-3,130	$-407,376	-1.0%

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

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

$90,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR BRAD GRIGGS	HEAD OF SCHO	40.00	Officer	$90,000	$0	$90,000
ADAM BACOT	TREASURER	4.00	Officer Director	$0	$0	$0
GINNY EDWARDS	TRUSTEE	2.00	Director	$0	$0	$0
JESSICA GARCIA	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER GOLDMAN	TRUSTEE	2.00	Director	$0	$0	$0
JUSTIN HALL	TRUSTEE	2.00	Director	$0	$0	$0
WILLIAM IRWIN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
AMY JOHNSON	TRUSTEE	2.00	Director	$0	$0	$0
RACHEL MANNER	TRUSTEE	2.00	Director	$0	$0	$0
JENNIFER MAPES	CHAIR	4.00	Officer Director	$0	$0	$0
JOHN MOORE	SECRETARY	2.00	Officer Director	$0	$0	$0
MANDY PRICE	TRUSTEE	2.00	Director	$0	$0	$0
SAMANTHA VALKENBURG	TRUSTEE	2.00	Director	$0	$0	$0
REID WALKER	TRUSTEE	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	$1,445,795	$1,448,925	$797,955	$-3,130
2024	$1,139,812	$1,547,188	$896,908	$-407,376
2023	$1,534,750	$1,518,659	$1,255,751	$16,091
2022	$1,803,079	$1,514,981	$1,159,201	$288,098
2021	$1,553,551	$1,256,399	$922,553	$297,152
2020	$1,219,969	$1,128,838	$784,345	$91,131
2019	$1,145,981	$1,074,705	$541,502	$71,276
2018	$1,019,297	$1,083,684	$490,300	$-64,387