PARK PLACE CHRISTIAN ACADEMY INC

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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

2000

Legal Domicile

Principal Officer

DOC HARBISON

Phone

6019396229

Tax Period

2024-06-01 to 2025-05-31

PARK PLACE CHRISTIAN ACADEMY INC, founded in 2000, is a community nonprofit in the Education sector that reported $4.6M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

PROVIDE EDUCATION FOR CHILDREN FROM AGE 3 THROUGH 12TH GRADE OF HIGH SCHOOL. PROVIDE ATHLETIC AND OTHER EXTRA CURRICULAR ACTIVITIES TO STUDENTS

Program Service Accomplishments

Program 1

Expenses: $4,192,891 Revenue: $4,312,646

WE ENROLLED APPROX 600 STUDENTS OF VARIOUS RELIGIOUS, NATIONALITY AND RACIAL BACKGROUNDS IN K3 THROUGH 12TH GRADE. WE OFFER ACADEMIC,ATHLETIC, AND FINE ARTS PROGRAMS TO ALL 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 $102,147

Program Service Revenue $4,312,646

Investment Income $32,502

Other Revenue $162,973

TOTAL REVENUE $4,610,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,949,627

Fundraising Expenses $29,137

Program Expenses $4,192,891

Other Expenses $1,694,051

TOTAL EXPENSES $4,643,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,610,268	$5,606,807	-0.2%
Expenses	$4,643,678	$4,428,952	+0.0%
Net Income	$-33,410	$1,177,855	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN RAMSEY	BOARD CHAIR	5.00	Officer Director	$0	$0	$0
EDDIE COLEMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
EMILY CRAFT	MEMBER	2.00	Director	$0	$0	$0
ANGY SINGLETARY	MEMBER	2.00	Director	$0	$0	$0
DANNY EPPS	MEMBER	2.00	Director	$0	$0	$0
MARTHA SAVELL	MEMBER	2.00	Director	$0	$0	$0
TERRY SENSING	MEMBER	2.00	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	$4,610,268	$4,643,678	$6,072,060	$-33,410
2024	$5,606,807	$4,428,952	$6,089,765	$1,177,855
2023	$4,490,207	$4,297,188	$5,052,389	$193,019
2022	$4,488,737	$4,077,549	$4,254,904	$411,188
2021	$4,770,533	$3,976,794	$4,090,787	$793,739
2020	$4,280,798	$4,040,555	$3,999,554	$240,243
2018	$4,231,422	$3,782,123	$3,429,013	$449,299