THE DRAW ACADEMY INCORPORATED (EIN 760680496) - 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

PATRICIA BEISTEGUI

Phone

7137063729

Tax Period

2023-09-01 to 2024-08-31

THE DRAW ACADEMY INCORPORATED, founded in 2001, is a mid-sized nonprofit in the Education sector that reported $10.6M in total revenue in fiscal year 2023.

Mission

DRAW ACADEMY IS A TEXAS EDUCATION AGENCY OPEN ENROLLMENT CHARTER SCHOOL SERVING STUDENTS FROM PRE-KINDERGARTEN (3 YEARS OLD) TO EIGHTH GRADE STUDENTS AS A PUBLIC ELEMENTARY AND MIDDLE 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 (2023)

Revenue Breakdown

Contributions & Grants $10,597,301

Program Service Revenue $0

Investment Income $10,928

Other Revenue $6,733

TOTAL REVENUE $10,614,962

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,460,596

Fundraising Expenses $0

Program Expenses $7,839,404

Other Expenses $6,802,933

TOTAL EXPENSES $11,263,529

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,614,962	$10,835,954	0.0%
Expenses	$11,263,529	$10,678,338	+0.1%
Net Income	$-648,567	$157,616	-5.1%

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

116

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

$481,809

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROXANA CUELLO	PRESIDENT	2.00	Officer Director	$0	$0	$0
DIEGO CUTRERA	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA THARP	SECRETARY	2.00	Officer Director	$0	$0	$0
CLAUDIA RUIZ	BOARD MEMBER	2.00	Director	$0	$0	$0
CAROLINA MARTINEZ	BOARD MEMBER	2.00	Director	$0	$0	$0
PATRICIA BEISTEGUI	CEO/SUPERINTENDENT	60.00	Officer	$114,433	$13,981	$128,414
FERNANDO DONATTI	ACADEMIC PROGRAM DIRECTOR	40.00	Officer	$140,333	$9,456	$149,789
FERNANDA SOTO	ASSISTANT SUPERINTENDENT	40.00	Officer	$93,907	$7,836	$101,743
OLGA SONIA SALGADO	PRINCIPAL	40.00	Officer	$93,907	$7,956	$101,863

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	$10,614,962	$11,263,529	$8,071,404	$-648,567
2023	$10,835,954	$10,678,338	$9,507,411	$157,616
2022	$10,027,350	$9,464,560	$4,055,605	$562,790
2021	$9,551,225	$8,161,282	$3,487,408	$1,389,943
2020	$7,851,347	$7,887,873	$2,717,936	$-36,526

THE DRAW ACADEMY INCORPORATED