EVANS CHRISTIAN ACADEMY (EIN 582645029) - 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

2001

Legal Domicile

Principal Officer

FREIDA LACHMAN

Phone

7063643565

Tax Period

2024-01-01 to 2024-12-31

EVANS CHRISTIAN ACADEMY, founded in 2001, is a micro nonprofit that reported $3K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 1771% operating deficit.

Mission

TO INVEST IN CAPITAL IMPROVEMENTS,EXPANSIONS,AND PROGRAMS FOR THE BENEFIT OF THE STUDENTS.

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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 $0

Program Service Revenue $5

Investment Income $0

Other Revenue $3,386

TOTAL REVENUE $3,391

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,157

Fundraising Expenses $0

Program Expenses $63,454

Other Expenses $24,347

TOTAL EXPENSES $63,454

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,391	$156,179	-1.0%
Expenses	$63,454	$348,416	-0.8%
Net Income	$-60,063	$-192,237	-0.7%

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

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

$31,000

Total Directors

$31,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREIDA LACHMAN	PRESIDENT	6.00	Officer Director	$31,000	$0	$31,000
ROSS MONTGOMERY	VICE-PRESIDENT	6.00	Officer Director	$0	$0	$0
PAM JACKSON	SECRETARY	6.00	Officer Director	$0	$0	$0
TOM HOLBERT	CONSULTANT	6.00	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	$3,391	$63,454	No data	$-60,063
2023	$156,179	$348,416	$73,738	$-192,237
2022	$98,595	$134,208	$120,815	$-35,613
2021	$145,054	$138,345	$156,428	$6,709
2020	$144,150	$181,935	$166,419	$-37,785
2019	$179,346	$196,654	$919,380	$-17,308
2018	$186,869	$202,320	$947,059	$-15,451

EVANS CHRISTIAN ACADEMY