MEMPHIS ACADEMY OF SCIENCE AND ENGINEERI (EIN 721552646) - 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

2002

Legal Domicile

Principal Officer

STEVEN J BARES

Phone

9018661400

Tax Period

2024-07-01 to 2025-06-30

MEMPHIS ACADEMY OF SCIENCE AND ENGINEERI, founded in 2002, is a mid-sized nonprofit in the Education sector that reported $10.4M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $11.5M exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PRODUCE LIFELONG LEARNERS, CRITICAL THINKERS, EFFECTIVE COMMUNICATORS, AND PRODUCTIVE MEMBERS OF THE GLOBAL COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,037,917

Program Service Revenue $8,233,124

Investment Income $0

Other Revenue $156,585

TOTAL REVENUE $10,427,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,204,024

Fundraising Expenses $0

Program Expenses $9,714,911

Other Expenses $3,319,540

TOTAL EXPENSES $11,523,564

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,427,626	$11,987,175	-0.1%
Expenses	$11,523,564	$10,408,683	+0.1%
Net Income	$-1,095,938	$1,578,492	-1.7%

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

Governance

Voting Members

Independent Members

Employees

137

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

$257,038

Total Directors

$257,038

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODERICK GASTON	EXECUTIVE DIRECTOR	40.00	Officer Director	$169,209	$27,829	$197,038
STEVEN J BARES	CHAIRMAN	10.00	Officer Director	$60,000	$0	$60,000
HOLLY COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
GARY LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
MARC TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
CLIFFORD JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
SONDRA HOWELL	DIRECTOR	1.00	Director	$0	$0	$0
DARRYL JACKSON	VICE CHAIRMAN	1.00	Director	$0	$0	$0
OLAYINKA MOHORN-MINTAH	DIRECTOR	1.00	Director	$0	$0	$0
CAMERON COOLEY	HCE	40.00	Highest	$148,884	$23,998	$172,882
DANIELLE POWELL	HCE	40.00	Highest	$109,178	$9,269	$118,447

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
2025	$10,427,626	$11,523,564	$5,159,319	$-1,095,938
2024	$11,987,175	$10,408,683	$5,777,100	$1,578,492
2023	$9,079,674	$8,653,237	$4,663,179	$426,437
2022	$10,614,851	$6,750,257	$6,415,128	$3,864,594
2021	$7,114,032	$6,046,146	$3,377,802	$1,067,886
2020	$6,124,888	$5,872,565	$3,221,605	$252,323
2019	$6,133,900	$5,123,303	$2,147,712	$1,010,597
2018	$4,927,644	$4,418,403	$1,728,807	$509,241

MEMPHIS ACADEMY OF SCIENCE AND ENGINEERI