FAJARDO ACADEMY INC (EIN 660243651) - 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

1963

Legal Domicile

Principal Officer

FELIPE MELENDEZ

Phone

7878631001

Tax Period

2022-07-01 to 2023-06-30

FAJARDO ACADEMY INC, founded in 1963, is a small nonprofit in the Education sector that reported $746K in total revenue in fiscal year 2022. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $844K exceeded revenue, resulting in a 13% operating deficit.

Mission

Collaborating with parents to provide the comprehensive development of students, inform the essential values of society through education accessible to anyone who needs it.

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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 (2022)

Revenue Breakdown

Contributions & Grants $78,961

Program Service Revenue $667,445

Investment Income $0

Other Revenue $0

TOTAL REVENUE $746,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $576,863

Fundraising Expenses $0

Program Expenses $828,369

Other Expenses $267,609

TOTAL EXPENSES $844,472

Year-over-Year Comparison

	2022	2021	Change
Revenue	$746,406	$668,435	+0.1%
Expenses	$844,472	$780,333	+0.1%
Net Income	$-98,066	$-111,898	-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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FELIPE MELENDEZ	PRESIDENT	5	Officer	$0	$0	$0
BEDDY MONTALVO	VOCAL	3	Officer	$0	$0	$0
ARELNE GONZALEZ	SECRETARY	3	Officer	$0	$0	$0
GIL NIEVES	VICE PRESIDENT	3	Officer	$0	$0	$0
XIAMARA MELENDEZ	VOCAL	3	Officer	$0	$0	$0
KENIA MALDONADO	VOCAL	3	Officer	$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
2023	$746,406	$844,472	$991,056	$-98,066

FAJARDO ACADEMY INC