WHITEFIELD ACADEMY INC

EIN: 581224983 501(c)(3)

MABLETON, GA

Total Revenue
$37,616,219
Total Expenses
$31,641,856
Total Assets
$100,957,663
Net Assets
$74,184,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
GA
Principal Officer
KEVIN BRACHER
Phone
6783053000
Tax Period
2023-07-01 to 2024-06-30

WHITEFIELD ACADEMY INC, founded in 1974, is a mid-sized nonprofit that reported $37.6M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $6.0M, a strong 16% operating margin.

Mission

A CHRIST-CENTERED COLLEGE PREP SCHOOL THAT BOLSTERS CHRISTIAN FAMILIES WITH A PASSION FOR LEARNING. THE SCHOOL REQUIRES ACADEMIC EXCELLENCE BASED IN EVANGELICAL CHRISTIANITY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,744,881
Program Service Revenue $28,412,437
Investment Income $814,221
Other Revenue $644,680
TOTAL REVENUE $37,616,219

Expense Breakdown

Grants Paid $4,016,200
Salaries & Benefits $15,279,425
Fundraising Expenses $999,871
Program Expenses $24,427,515
Other Expenses $12,346,231
TOTAL EXPENSES $31,641,856

Year-over-Year Comparison

2023 2022 Change
Revenue $37,616,219 $33,990,076 +0.1%
Expenses $31,641,856 $28,986,777 +0.1%
Net Income $5,974,363 $5,003,299 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
14
Employees
317
Volunteers
141

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
$619,864
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BRACHER HEAD OF SCHOOL 50.0
Officer
$421,708 $50,642 $472,350
BRIAN KENNERLY ASST HEAD OF OPERATIONS 50.0
Highest
$149,574 $47,461 $197,035
MICHAEL SHAHEEN DIR OF STUDENT LEADERSHIP 50.0
Highest
$123,407 $61,035 $184,442
HEATHER KARVIS ASSISTANT HEAD OF ACADEMICS 50.0
Highest
$126,324 $50,020 $176,344
LAUREN RACE DIR OF DEVELOPMENT 50.0
Highest
$136,608 $35,786 $172,394
MARYELLEN BERRY DIR OF PROFESSIONAL GROWTH 50.0
Highest
$134,339 $29,550 $163,889
FRANCES BANTA DIR OF FINANCE 50.0
Officer
$116,455 $31,059 $147,514
CHRISTOPHER HERSCHEND CHAIR 1.0
Director
$0 $0 $0
PETER KANTOR VICE CHAIR 1.0
Director
$0 $0 $0
JEANNE WATSON SECRETARY 1.0
Director
$0 $0 $0
KEVIN BYRNE TREASURER 1.0
Director
$0 $0 $0
AARON MESSNER TRUSTEE 1.0
Director
$0 $0 $0
ALLYSON WATSON TRUSTEE 1.0
Director
$0 $0 $0
ANTONY SANACORY TRUSTEE 1.0
Director
$0 $0 $0
BYRON JOHNSON TRUSTEE 1.0
Director
$0 $0 $0
CHRIS SCOTT TRUSTEE 1.0
Director
$0 $0 $0
ERIKA DAVIES-VENN TRUSTEE 1.0
Director
$0 $0 $0
JOHN BROWNE TRUSTEE 1.0
Director
$0 $0 $0
JOHNATHAN EDWARDS TRUSTEE 1.0
Director
$0 $0 $0
JOSEPH KNIGHT TRUSTEE 1.0
Director
$0 $0 $0
MARY JEAN BROSTRAND TRUSTEE 1.0
Director
$0 $0 $0
PAUL CAHILL TRUSTEE 1.0
Director
$0 $0 $0
RICARDO LOPEZ TRUSTEE 1.0
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 No data No data No data No data
2024 $37,616,219 $31,641,856 $100,957,663 $5,974,363
2023 $33,990,076 $28,986,777 $94,144,541 $5,003,299
2022 $37,485,369 $25,931,598 $87,685,381 $11,553,771
2021 $24,777,271 $23,893,472 $76,378,322 $883,799
2020 $22,501,424 $21,625,496 $75,337,309 $875,928
2019 $27,872,236 $20,334,766 $71,701,221 $7,537,470
2018 $24,311,821 $18,841,322 $64,156,625 $5,470,499
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