SPIRIT OF EXCELLENCE ACADEMY

EIN: 711036837 501(c)(3)

NEW ORLEANS, LA

Total Revenue
$3,271,060
Total Expenses
$3,515,417
Total Assets
$299,165
Net Assets
$75,074
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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
2007
Legal Domicile
LA
Principal Officer
PASTOR CHARLES SOUTHALL
Phone
5043736230
Tax Period
2017-07-01 to 2018-06-30

SPIRIT OF EXCELLENCE ACADEMY, founded in 2007, is a community nonprofit that reported $3.3M in total revenue in fiscal year 2017. Revenue decreased 8% compared to the prior year.

Mission

THE SCHOOL'S MISSION IS TO CREATE AND MAINTAIN AN ORDERLY, TRUSTING ENVIRONMENT WHERE TEACHING AND LEARNING ARE INNOVATIVE AND EXCITING, WHERE STUDENTS ARE TAUGHT TO READ, WRITE, COMPUTE, AND THINK CRITICALLY ACCORDING TO THEIR FULLEST POTENTIAL.

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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 (2017)

Revenue Breakdown

Contributions & Grants $285,306
Program Service Revenue $2,970,276
Investment Income $0
Other Revenue $15,478
TOTAL REVENUE $3,271,060

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,388,493
Fundraising Expenses $0
Program Expenses $1,638,559
Other Expenses $1,126,924
TOTAL EXPENSES $3,515,417

Year-over-Year Comparison

2017 2016 Change
Revenue $3,271,060 $3,557,597 -0.1%
Expenses $3,515,417 $3,600,511 0.0%
Net Income $-244,357 $-42,914 +4.7%
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
8
Independent Members
8
Employees
80
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PASTOR CHARLES SOUTHALL PRESIDENT N/A
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
2018 $3,271,060 $3,515,417 $299,165 $-244,357
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