LAURENS ACADEMY INC (EIN 571028384) - 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

1994

Legal Domicile

Principal Officer

TODD KIRK

Phone

8646822324

Tax Period

2024-07-01 to 2025-06-30

LAURENS ACADEMY INC, founded in 1994, is a community nonprofit in the Education sector that reported $2.2M in total revenue in fiscal year 2024. The organization ran a surplus of $429K, a strong 20% operating margin.

Mission

LAURENS ACADEMY, INC. PROVIDES A SAFE, SECURE ENVIRONMENT THAT WILL ENHANCE EACH STUDENT'S OPPORTUNITY TO DEVELOP TO HIS OR HER HIGHEST POTENTIAL ACADEMICALLY, EMOTIONALLY, PHYSICALLY, SOCIALLY, AND SPIRITUALLY.

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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 $31,525

Program Service Revenue $2,136,890

Investment Income $4,936

Other Revenue $0

TOTAL REVENUE $2,173,351

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,002,091

Fundraising Expenses $11,874

Program Expenses $1,364,439

Other Expenses $742,514

TOTAL EXPENSES $1,744,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,173,351	$2,282,367	0.0%
Expenses	$1,744,605	$1,948,042	-0.1%
Net Income	$428,746	$334,325	+0.3%

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

$49,902

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD KIRK	HEADMASTER	40.00	Officer	$49,902	$0	$49,902
LUKE COMPTON	MEMBER	1.00	Director	$0	$0	$0
BEN IRWIN	BOARD CHAIRM	1.00	Director	$0	$0	$0
LEE LITTLE	MEMBER	1.00	Director	$0	$0	$0
ELIZABETH MERLIN	MEMBER	1.00	Director	$0	$0	$0
SARA MOORE	MEMBER	1.00	Director	$0	$0	$0
MELISSA MULLINAX	MEMBER	1.00	Director	$0	$0	$0
WENDI NIX	MEMBER	1.00	Director	$0	$0	$0
WILLIE ROBINSON	MEMBER	1.00	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	$2,173,351	$1,744,605	$3,797,444	$428,746
2024	$2,557,367	$1,948,042	$4,334,504	$609,325
2023	$1,832,798	$2,047,385	$2,582,529	$-214,587
2022	$2,003,707	$1,269,296	$2,669,661	$734,411
2021	$1,322,618	$1,310,068	$2,137,517	$12,550
2020	$1,354,570	$1,346,521	$2,182,954	$8,049
2019	$1,369,539	$1,324,017	$2,095,583	$45,522

LAURENS ACADEMY INC