SAGE ACADEMY INC (EIN 731716561) - 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

2004

Legal Domicile

Principal Officer

LENNY G LETCHER

Phone

6024853402

Tax Period

2024-07-01 to 2025-06-30

SAGE ACADEMY INC, founded in 2004, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. The organization ran a surplus of $374K, a strong 23% operating margin.

Mission

OPERATION OF A CHARTER SCHOOL

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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 $1,061,343

Program Service Revenue $0

Investment Income $0

Other Revenue $554,790

TOTAL REVENUE $1,616,133

Expense Breakdown

Grants Paid $0

Salaries & Benefits $410,695

Fundraising Expenses $0

Program Expenses $1,067,005

Other Expenses $831,669

TOTAL EXPENSES $1,242,364

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,616,133	$1,617,928	0.0%
Expenses	$1,242,364	$1,745,386	-0.3%
Net Income	$373,769	$-127,458	-3.9%

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

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

$119,664

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LENNY G LETCHER	PRESIDENT/SECRETARY	5.00	Officer Director	$0	$0	$0
JOHN PIERCE	BOARD MEMBER	1.00	Director	$0	$0	$0
DALE LETCHER	BOARD MEMBER	1.00	Director	$0	$0	$0
LENNY LETCHER II	BOARD CHAIRMAN	1.00	Director	$0	$0	$0
LYNNETTE LETCHER	ADMIN DIRECTOR	60.00	Officer	$119,664	$0	$119,664

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	$1,616,133	$1,242,364	$1,022,589	$373,769
2024	$1,617,928	$1,745,386	$870,122	$-127,458
2023	$1,818,448	$1,829,655	$1,385,486	$-11,207
2022	$2,422,318	$2,202,302	$1,998,854	$220,016
2021	$2,064,053	$1,899,012	$661,302	$165,041
2020	$1,827,801	$1,765,965	$679,588	$61,836
2019	$1,491,393	$1,688,693	$464,234	$-197,300
2018	$997,720	$1,254,410	$600,727	$-256,690

SAGE ACADEMY INC