DELAWARE ACADEMY & PRESCHOOL INC (EIN 721493063) - 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

2001

Legal Domicile

Principal Officer

TIFFANY J SINGLETON

Tax Period

2023-01-01 to 2023-12-31

DELAWARE ACADEMY & PRESCHOOL INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $305K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $293K left a modest 4% surplus.

Mission

PROVISION OF CHILDCARE AND EDUCATIONAL SERVICES TO NEEDY FAMILYS CHILDREN SO THAT THE PARENTS CAN WORK.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $305,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $305,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $190,320

Fundraising Expenses $0

Program Expenses $293,352

Other Expenses $103,032

TOTAL EXPENSES $293,352

Year-over-Year Comparison

	2023	2022	Change
Revenue	$305,000	$265,200	+0.2%
Expenses	$293,352	$251,000	+0.2%
Net Income	$11,648	$14,200	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FREDIA WOODS	OFFICER	20.00	Officer	$0	$0	$0
TIFFANY J SINGLETON	OFFICER	20.00	Officer	$0	$0	$0
NORMAN SINGLETON	PRESIDENT	20.00	Officer	$0	$0	$0
HELEN MCMILLER	OFFICER	20.00	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	$305,000	$293,352	$102,778	$11,648
2022	$265,200	$251,000	$92,442	$14,200
2021	$227,149	$224,896	$79,554	$2,253
2020	$156,000	$144,852	$78,613	$11,148
2019	$90,000	$77,132	$75,538	$12,868
2018	$85,000	$67,812	$70,688	$17,188

DELAWARE ACADEMY & PRESCHOOL INC