SUMMIT ACADEMY OF GREATER LOUISVILLE INC (EIN 611214457) - 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

1992

Legal Domicile

Principal Officer

STEPHANIE CIFUENTES

Phone

5022447090

Tax Period

2023-07-01 to 2024-06-30

SUMMIT ACADEMY OF GREATER LOUISVILLE INC, founded in 1992, is a community nonprofit in the Education sector that reported $2.8M in total revenue in fiscal year 2023. Expenses of $2.6M left a modest 6% surplus.

Mission

TO PROVIDE A HIGH QUALITY EDUCATION TO CHILDREN WITH, OR AT RISK FOR, A SPECIAL LEARNING DISABILITY

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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 $490,790

Program Service Revenue $2,333,319

Investment Income $32,708

Other Revenue $-45,667

TOTAL REVENUE $2,811,150

Expense Breakdown

Grants Paid $356,893

Salaries & Benefits $1,737,338

Fundraising Expenses $140,416

Program Expenses $2,277,907

Other Expenses $537,841

TOTAL EXPENSES $2,632,072

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,811,150	$2,698,498	+0.0%
Expenses	$2,632,072	$2,553,504	+0.0%
Net Income	$179,078	$144,994	+0.2%

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

N/A

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

Total Directors

$326,119

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS STROTHMAN	HEAD OF SCHOOL	50.00	Director	$109,304	$0	$109,304
STEPHANIE CAIN	DIRECTOR OF ACADEMICS	50.00	Director	$66,950	$0	$66,950
RENEE LINDSEY	DIRECTOR OF FINANCE	50.00	Director	$74,675	$0	$74,675
REBECCA HOFFMAN	PRINCIPAL	50.00	Director	$75,190	$0	$75,190
MARY HARVILLE	SECRETARY	4.00	Officer Director	$0	$0	$0
MATT MORRIS	MEMBER AT LARGE	0.00	Director	$0	$0	$0
STUART BAIRD	MEMBER AT LARGE	0.00	Director	$0	$0	$0
GARY SPENCE	MEMBER AT LARGE	0.00	Director	$0	$0	$0
JOHN NEHIL	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
MARK MUCCI	PRESIDENT	4.00	Officer Director	$0	$0	$0
SUSANNAH STEVENSON	MEMBER AT LARGE	0.00	Director	$0	$0	$0
BETSY WELLS	MEMBER AT LARGE	0.00	Director	$0	$0	$0
MICHELLE COOMES	MEMBER AT LARGE	0.00	Director	$0	$0	$0
PRISCILLA VESSELS	TREASURER	0.00	Officer Director	$0	$0	$0
MACKENZIE HUNDLEY	MEMBER AT LARGE	0.00	Director	$0	$0	$0
CARRIE LOYD	MEMBER AT LARGE	0.00	Director	$0	$0	$0
DR ZACHARY THEINEMAN	MEMBER AT LARGE	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	No data	No data	No data	No data
2024	$2,811,150	$2,632,072	$2,895,628	$179,078
2023	$2,698,498	$2,553,504	$2,766,996	$144,994
2022	$3,101,776	$2,537,623	$2,483,695	$564,153
2021	$2,545,742	$2,472,327	$2,283,034	$73,415
2020	$2,493,478	$2,715,181	$2,080,089	$-221,703
2019	$2,918,078	$3,071,816	$2,015,532	$-153,738
2018	$2,517,927	$2,732,950	$2,251,121	$-215,023

SUMMIT ACADEMY OF GREATER LOUISVILLE INC