Horizon Christian Academy Inc (EIN 582573484) - 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

2000

Legal Domicile

Principal Officer

Sharon Walker

Phone

6789470721

Tax Period

2023-07-01 to 2024-06-30

Horizon Christian Academy Inc, founded in 2000, is a community nonprofit in the Education sector that reported $5.5M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $5.3M left a modest 3% surplus.

Mission

private school

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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 $577,381

Program Service Revenue $4,857,139

Investment Income $99,847

Other Revenue $0

TOTAL REVENUE $5,534,367

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,178,683

Fundraising Expenses $52,332

Program Expenses $3,603,732

Other Expenses $2,167,266

TOTAL EXPENSES $5,345,949

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,534,367	$4,308,072	+0.3%
Expenses	$5,345,949	$4,272,074	+0.3%
Net Income	$188,418	$35,998	+4.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sharon Walker	Treasurer	2.00	Officer Director	$0	$0	$0
Tonya Phongsavanh	Board Chairman	3.00	Officer Director	$0	$0	$0
Inga Moffitt	Vice Chairman	2.00	Officer Director	$0	$0	$0
Fred Weir	Board Member	1.00	Director	$0	$0	$0
Kate Karassik	Secretary	2.00	Officer Director	$0	$0	$0
Aubrey Yost	Board Member	1.00	Director	$0	$0	$0
Constantine Tzortzis	Board Member	1.00	Director	$0	$0	$0
Aaron Davidson	Board Member	1.00	Director	$0	$0	$0
Kathy Teston	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	No data	No data	No data	No data
2024	$5,534,367	$5,345,949	$9,219,711	$188,418
2023	$4,308,072	$4,272,074	$8,078,385	$35,998
2022	$3,929,708	$3,321,026	$6,534,088	$608,682
2021	$3,613,996	$2,527,351	$5,782,648	$1,086,645
2020	$2,487,085	$2,420,097	$4,696,485	$66,988
2019	$2,410,970	$2,377,983	$4,340,071	$32,987
2018	$2,372,679	$2,457,602	$4,380,457	$-84,923

Horizon Christian Academy Inc