THE ATLANTA ACADEMY INC (EIN 582574521) - 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

PHILLIP BOWMAN

Phone

6784616102

Tax Period

2023-07-01 to 2024-06-30

THE ATLANTA ACADEMY INC, founded in 2000, is a community nonprofit in the Education sector that reported $8.2M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

OUR MISSION IS TO GIVE EVERY STUDENT THE INDIVIDUAL ATTENTION THEY NEED TO SUCCEED. THIS IS AT THE CORE OF EVERYTHING WE DO. ATLANTA ACADEMY TEACHES CHILDREN FROM PRE-K THROUGH EIGHTH GRADE.

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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 $182,407

Program Service Revenue $7,747,153

Investment Income $98,501

Other Revenue $168,601

TOTAL REVENUE $8,196,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,631,295

Fundraising Expenses $101,777

Program Expenses $6,982,473

Other Expenses $3,014,489

TOTAL EXPENSES $8,645,784

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,196,662	$7,391,147	+0.1%
Expenses	$8,645,784	$7,455,471	+0.2%
Net Income	$-449,122	$-64,324	+6.0%

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

129

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

$158,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA NAPLES	HEAD OF SCHO	40.00	Officer	$158,000	$0	$158,000
MIKE ABREU	TRUSTEE	1.00	Director	$0	$0	$0
JEFF ANGELOS	TRUSTEE	1.00	Director	$0	$0	$0
PHILLIP BOWMAN	CHAIR/ TRUST	1.00	Officer Director	$0	$0	$0
MOLLY DESAI	VICE CHAIR/	1.00	Officer Director	$0	$0	$0
MICHAEL GARY	TRUSTEE	1.00	Director	$0	$0	$0
EMILY KENT	TRUSTEE	1.00	Director	$0	$0	$0
TINA MEHROTRA	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS PITROF	TRUSTEE	1.00	Director	$0	$0	$0
MATT SHIELDS	TREASURER	1.00	Officer 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	$8,196,662	$8,645,784	$12,167,174	$-449,122
2023	$7,391,147	$7,455,471	$12,246,337	$-64,324
2022	$6,938,525	$6,978,988	$12,753,822	$-40,463
2021	$7,264,822	$6,385,287	$13,971,888	$879,535
2020	$5,924,347	$5,987,967	$13,067,156	$-63,620
2019	$5,763,183	$5,697,072	$12,879,051	$66,111

THE ATLANTA ACADEMY INC