NETTLES ACADEMY INC

EIN: 721284761 501(c)(3) Human Services

New Orleans, LA

Total Revenue
$710,778
Total Expenses
$628,810
Total Assets
$435,680
Net Assets
$435,680
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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
2003
Legal Domicile
LA
Principal Officer
AYANGO M NETTLES
Tax Period
2023-01-01 to 2023-12-31

NETTLES ACADEMY INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $711K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $629K left a modest 12% surplus.

Mission

CHILD CARE SERVICES

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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 (2023)

Revenue Breakdown

Contributions & Grants $352,920
Program Service Revenue $357,858
Investment Income $0
Other Revenue $0
TOTAL REVENUE $710,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $334,951
Fundraising Expenses $0
Program Expenses $168,224
Other Expenses $293,859
TOTAL EXPENSES $628,810

Year-over-Year Comparison

2023 2022 Change
Revenue $710,778 $757,612 -0.1%
Expenses $628,810 $725,820 -0.1%
Net Income $81,968 $31,792 +1.6%
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
2
Independent Members
N/A
Employees
13
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AYANGO M NETTLES DIRECTOR 40.00
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 No data No data No data No data
2023 $710,778 $628,810 $435,680 $81,968
2022 $757,612 $725,820 $431,722 $31,792
2021 $773,107 $519,623 $399,930 $253,484
2020 $446,753 $383,998 $146,446 $62,755
2019 $410,658 $409,354 $94,090 $1,304
2018 $368,579 $356,483 $92,786 $12,096
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