PREMIER ACADEMY (EIN 581169016) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Principal Officer

STARLA L BAILEY

Phone

4043363700

Tax Period

2024-01-01 to 2024-12-31

PREMIER ACADEMY is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $4.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

THE MISSION OF PREMIER ACADEMY IS TO PROVIDE A QUALITY EDUCATION FOR PRESCHOOL AGE CHILDREN

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,033,747

Program Service Revenue $2,379,205

Investment Income $213,433

Other Revenue $115,492

TOTAL REVENUE $3,741,877

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,503,912

Fundraising Expenses $46,444

Program Expenses $3,603,912

Other Expenses $1,668,820

TOTAL EXPENSES $4,172,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,741,877	$4,468,988	-0.2%
Expenses	$4,172,732	$4,286,534	0.0%
Net Income	$-430,855	$182,454	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$115,050

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STARLA L BAILEY	EXECUTIVE DI	40.00	Officer	$115,050	$0	$115,050
ADOWA M AWOTWI	TREASURER	10.00	Director	$0	$0	$0
CHRISTOPHER BEAL	MEMBER	10.00	Director	$0	$0	$0
AUDRE DOTSON COLLIER	MEMBER	5.00	Director	$0	$0	$0
LAMONIQUE FAIRBANKS	MEMBER	5.00	Director	$0	$0	$0
GLADYS GORE	MEMBER	5.00	Director	$0	$0	$0
AVAYNA GREEN	VICE CHAIR	5.00	Director	$0	$0	$0
DEBBIE HILLMAN	MEMBER	5.00	Director	$0	$0	$0
KAVIEN HILLMON	CHAIR	5.00	Director	$0	$0	$0
DARROL L MITCHELL	MEMBER	5.00	Director	$0	$0	$0
JOANN GUYTON MOORE	SECRETARY	20.00	Director	$0	$0	$0
PETER J MORELLI	MEMBER	5.00	Director	$0	$0	$0
LATICA REEVES	MEMBER	5.00	Director	$0	$0	$0
SHARON RUSSELL	MEMBER	5.00	Director	$0	$0	$0
DR RALPH SIMPSON	MEMBER	5.00	Director	$0	$0	$0
GWENDOLYN WRIGHT	MEMBER	5.00	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
2024	$3,741,877	$4,172,732	$5,233,775	$-430,855
2023	$4,468,988	$4,286,534	$5,617,260	$182,454
2022	$3,934,994	$4,532,058	$5,781,219	$-597,064
2021	$3,741,479	$3,628,914	$3,806,863	$112,565
2020	$3,372,659	$3,174,688	$3,672,451	$197,971

PREMIER ACADEMY