CHILDREN'S ACADEMY FOR EDUCATION AND LEARNING (EIN 620562853) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1955

Legal Domicile

Principal Officer

KATIE C HARBISON

Phone

4236982456

Tax Period

2024-01-01 to 2024-12-31

CHILDREN'S ACADEMY FOR EDUCATION AND LEARNING, founded in 1955, is a small nonprofit in the Human Services sector that reported $491K in total revenue in fiscal year 2024. Expenses of $577K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE CHILD CARE SERVICES TO LOW INCOME FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $137,674

Program Service Revenue $311,558

Investment Income $41,637

Other Revenue $0

TOTAL REVENUE $490,869

Expense Breakdown

Grants Paid $29,789

Salaries & Benefits $394,064

Fundraising Expenses $0

Program Expenses $536,917

Other Expenses $152,719

TOTAL EXPENSES $576,572

Year-over-Year Comparison

	2024	2023	Change
Revenue	$490,869	$456,512	+0.1%
Expenses	$576,572	$561,026	+0.0%
Net Income	$-85,703	$-104,514	-0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$265,587

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY MCKELDIN	PRESIDENT	0.50	Officer Director	$0	$0	$0
VANESSA JACKSON	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
DAVID ULMER	TREASURER	0.50	Officer Director	$0	$0	$0
JINA JOHNSON	SECRETARY	0.50	Officer Director	$0	$0	$0
BRANDALYN SHROPSHIRE	RECORDING SECRETARY	0.50	Officer Director	$0	$0	$0
TEDDI MENDEL	MEMBER	0.50	Director	$0	$0	$0
VERONICA DUNSON	MEMBER	0.50	Director	$0	$0	$0
VAL SAMPLE	MEMBER	0.50	Director	$0	$0	$0
NATHANIEL PINDARD	MEMBER	0.50	Director	$0	$0	$0
KATIE C HARBISON	CEO	0.50	Officer	$0	$9,843	$133,859
JULIE MOON OSHIELDS	DIRECTOR OF FINANCE	3.00	Officer	$0	$5,458	$71,644
MADELINE SWANSON	CENTER DIRECTOR	40.00	Officer	$0	$5,516	$60,084

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	$490,869	$576,572	$722,905	$-85,703
2023	$456,512	$561,026	$865,963	$-104,514
2022	$781,618	$724,627	$909,477	$56,991
2021	$595,002	$573,085	$938,506	$21,917
2020	$414,840	$543,751	$977,580	$-128,911
2019	$488,185	$622,329	$969,473	$-134,144
2018	$1,016,304	$549,950	$1,038,958	$466,354

CHILDREN'S ACADEMY FOR EDUCATION AND LEARNING