STRIVING FOR EXCELLENCE ACADEMY INC

EIN: 593093014 501(c)(3) Human Services

Jacksonville, FL

Total Revenue
$326,797
Total Expenses
$325,180
Total Assets
$558,951
Net Assets
$359,452
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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
2013
Legal Domicile
FL
Phone
9043653850
Tax Period
2024-01-01 to 2024-12-31

STRIVING FOR EXCELLENCE ACADEMY INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $327K in total revenue in fiscal year 2024. Revenue surged 1351% from the prior year, signaling strong growth momentum.

Mission

PROVIDE EDUCATION FOR YOUNG PEOPLE

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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 (2024)

Revenue Breakdown

Contributions & Grants $625
Program Service Revenue $326,159
Investment Income $13
Other Revenue $0
TOTAL REVENUE $326,797

Expense Breakdown

Grants Paid $0
Salaries & Benefits $218,607
Fundraising Expenses $0
Program Expenses $287,016
Other Expenses $106,573
TOTAL EXPENSES $325,180

Year-over-Year Comparison

2024 2023 Change
Revenue $326,797 $22,525 +13.5%
Expenses $325,180 $375,681 -0.1%
Net Income $1,617 $-353,156 -1.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
13
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
2
$76,438
Total Directors
0
$0
Key Employees
1
$76,438
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MILDRED IVEY PRESIDENT 40
Officer Key Emp Highest
$76,438 $0 $76,438
PETRONIA IVEY VICE PRESIDENT 10
Officer
$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 $326,797 $325,180 $558,951 $1,617
2023 $22,525 $375,681 $599,461 $-353,156
2022 $46,791 $187,297 $539,930 $-140,506
2021 $369,977 $202,977 $598,034 $167,000
2020 $222,129 $150,410 $413,715 $71,719
2019 $178,958 $104,615 $155,811 $74,343
2018 $181,857 $131,519 $141,457 $50,338
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