MILLENIUM KIDS ACADEMY INCORPORATED

EIN: 661029044 501(c)(3) Education

Bayamon, PR

Total Revenue
$44,762
Total Expenses
$27,068
Total Assets
$20,606
Net Assets
$15,730
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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
2023
Legal Domicile
PR
Principal Officer
JIM ORTIZ MERCADO
Tax Period
2024-01-01 to 2024-12-31

MILLENIUM KIDS ACADEMY INCORPORATED, founded in 2023, is a micro nonprofit in the Education sector that reported $45K in total revenue in fiscal year 2024. The organization ran a surplus of $18K, a strong 40% operating margin.

Mission

MKA operates with a bilingual curriculum focused on practical experiences, structured play, and modern methodologies that promote critical thinking from an early age.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $44,762
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $44,762

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,589
Fundraising Expenses $0
Other Expenses $12,479
TOTAL EXPENSES $27,068

Year-over-Year Comparison

2024 2023 Change
Revenue $44,762 N/A N/A
Expenses $27,068 $1,964 +12.8%
Net Income $17,694 $-1,964 -10.0%
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

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Governance

Voting Members
3
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM ORTIZ MERCADO PRESIDENT 040.00
Officer
$0 $0 $0
CHRISTIAN BRAVO MEDINA TREASURER 040.00
Officer
$0 $0 $0
DANIEL OLAN CARABALLO SECRETARY 040.00
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
2024 $44,762 $27,068 $20,606 $17,694
2023 No data $1,964 $7,746 No data
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