Hill Springs Learning Center Inc dba Hillsprings Academy (EIN 721546885) - 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

2003

Legal Domicile

Principal Officer

Danae Duke

Phone

7195909555

Tax Period

2021-07-01 to 2022-06-30

Hill Springs Learning Center Inc dba Hillsprings Academy, founded in 2003, is a small nonprofit that reported $321K in total revenue in fiscal year 2021. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $451K exceeded revenue, resulting in a 40% operating deficit.

Mission

Provide specialized instruction in reading, written language and math skills for students with learning differences.

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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 (2021)

Revenue Breakdown

Contributions & Grants $53,979

Program Service Revenue $258,856

Investment Income $4,659

Other Revenue $4,000

TOTAL REVENUE $321,494

Expense Breakdown

Grants Paid $27,700

Salaries & Benefits $255,606

Fundraising Expenses $16,735

Program Expenses $384,528

Other Expenses $167,196

TOTAL EXPENSES $450,502

Year-over-Year Comparison

	2021	2020	Change
Revenue	$321,494	$416,067	-0.2%
Expenses	$450,502	$375,609	+0.2%
Net Income	$-129,008	$40,458	-4.2%

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

Volunteers

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

$66,083

Total Directors

$66,083

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Danae Duke	Executive Dir.	40.00	Officer Director	$66,083	$0	$66,083
Tom Crook	President	1.00	Officer Director	$0	$0	$0
Nila Beum	Treasurer	2.00	Officer Director	$0	$0	$0
Carolyn McMahon	Vice President	2.00	Officer Director	$0	$0	$0
Heather Crook	Director	1.00	Director	$0	$0	$0
James Freeman	Director	1.00	Director	$0	$0	$0
Ewa Posorski	Director	1.00	Director	$0	$0	$0
Patrick Bernard	Director	1.00	Director	$0	$0	$0
Stephanie Purcell	Director	1.00	Director	$0	$0	$0
Lisa Shaw	Secretary	2.00	Officer Director	$0	$0	$0
Charlotte Tye	Director	2.00	Director	$0	$0	$0
Joan Jahelka	Director	1.00	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
2022	$321,494	$450,502	$298,883	$-129,008
2021	$416,067	$375,609	$487,579	$40,458
2020	$534,652	$439,193	$480,536	$95,459

Hill Springs Learning Center Inc dba Hillsprings Academy