Hmong College Prep Academy (EIN 651180277) - 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

2003

Legal Domicile

Principal Officer

David Kloskin

Phone

6512098002

Tax Period

2023-07-01 to 2024-06-30

Hmong College Prep Academy, founded in 2003, is a mid-sized nonprofit in the Education sector that reported $46.3M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $42.0M left a modest 9% surplus.

Mission

To provide the best integrated challenging, and well-rounded educational experience to students.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $44,984,512

Program Service Revenue $380,620

Investment Income $758,400

Other Revenue $144,544

TOTAL REVENUE $46,268,076

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,532,376

Fundraising Expenses $0

Program Expenses $37,152,871

Other Expenses $19,438,508

TOTAL EXPENSES $41,970,884

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,268,076	$42,491,137	+0.1%
Expenses	$41,970,884	$37,727,547	+0.1%
Net Income	$4,297,192	$4,763,590	-0.1%

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

388

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

$477,855

Total Directors

$164,717

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Schmidt	Board Member/Teacher	41.00	Director	$53,287	$4,776	$58,063
Brent Ness	Secretary/Teacher	41.00	Officer Director	$89,377	$17,277	$106,654
Aly Xiong	Board Member	1.00	Director	$0	$0	$0
Susan Vang	Board Chair	1.00	Officer Director	$0	$0	$0
Christine Smith	Board Member	1.00	Director	$0	$0	$0
Sonya Zuker	Vice Chair	1.00	Officer Director	$0	$0	$0
Ge Vang	Treasurer	1.00	Officer Director	$0	$0	$0
Danijela Duvnjak	Chief Academic Officer	40.00	Officer	$188,393	$19,948	$208,341
David Kloskin	Chief Financial Officer	40.00	Officer	$133,924	$28,936	$162,860

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	$46,268,076	$41,970,884	$44,363,882	$4,297,192
2023	$42,491,137	$37,727,547	$40,688,733	$4,763,590
2022	$39,503,395	$36,365,843	$38,243,782	$3,137,552
2021	$35,478,590	$30,642,219	$37,890,238	$4,836,371
2020	$32,893,932	$32,594,797	$36,596,752	$299,135
2019	$30,830,532	$27,363,722	$37,774,692	$3,466,810
2018	$27,153,188	$28,044,371	$35,149,143	$-891,183

Hmong College Prep Academy