ABEKA ACADEMY INC (EIN 593458436) - 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

1997

Legal Domicile

Phone

8504788496

Tax Period

2024-06-01 to 2025-05-31

ABEKA ACADEMY INC, founded in 1997, is a major nonprofit in the Education sector that reported $111.9M in total revenue in fiscal year 2024.

Mission

TO PROVIDE QUALITY CHRISTIAN EDUCATIONAL SERVICES TO STUDENTS ACROSS THE UNITED STATES.

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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 $12,080

Program Service Revenue $111,636,357

Investment Income $251,167

Other Revenue $40,066

TOTAL REVENUE $111,939,670

Expense Breakdown

Grants Paid $34,374

Salaries & Benefits $14,634,204

Fundraising Expenses $0

Program Expenses $93,477,213

Other Expenses $102,169,345

TOTAL EXPENSES $116,837,923

Year-over-Year Comparison

	2024	2023	Change
Revenue	$111,939,670	$113,642,050	0.0%
Expenses	$116,837,923	$118,896,096	0.0%
Net Income	$-4,898,253	$-5,254,046	-0.1%

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

233

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

$470,562

Total Directors

$333,992

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR TROY SHOEMAKER	President	0.00	Officer Director	$0	$0	$219,260
JAMES THOMPSON II	CFO	0.00	Officer	$0	$0	$136,570
JOSHUA BIRX	N/A	40.00		$131,510	$0	$131,510
DENISE SHOEMAKER	Secretary	0.00	Officer Director	$0	$0	$114,732
DR JAMES CHAPMAN	Director	0.00	Director	$0	$0	$0
DAVID GRANT	Director	0.00	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	$111,939,670	$116,837,923	$45,025,367	$-4,898,253
2024	$113,642,050	$118,896,096	$54,720,782	$-5,254,046
2023	$116,110,240	$118,674,700	$59,588,446	$-2,564,460
2022	$124,172,250	$134,479,828	$66,359,858	$-10,307,578
2021	$130,944,823	$131,178,225	$82,999,249	$-233,402
2020	$80,882,217	$91,963,082	$86,917,184	$-11,080,865
2019	$82,455,040	$84,728,494	$91,046,834	$-2,273,454
2018	$96,942,352	$97,778,769	$110,116,449	$-836,417

ABEKA ACADEMY INC