OLIVET ACADEMY (EIN 810683419) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

JEN YAN KHOR

Phone

8452502231

Tax Period

2024-01-01 to 2024-12-31

OLIVET ACADEMY, founded in 2015, is a community nonprofit in the Education sector that reported $3.5M in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum.

Mission

TO GLORIFY GOD BY GUIDING STUDENTS IN THE GOSPEL OF JESUS CHRIST BY PROMOTING SPIRITUAL GROWTH AND PURSUING EXCELLENCE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,278,400

Program Service Revenue $215,933

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,494,333

Expense Breakdown

Grants Paid $4,427

Salaries & Benefits $1,874,836

Fundraising Expenses $0

Program Expenses $2,509,027

Other Expenses $1,549,391

TOTAL EXPENSES $3,428,654

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,494,333	$2,636,568	+0.3%
Expenses	$3,428,654	$2,606,303	+0.3%
Net Income	$65,679	$30,265	+1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$97,900

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEN YAN KHOR	PRINCIPAL AND DIRECTOR	40.00	Officer	$42,900	$0	$42,900
JOHN VIVIAN	MIDDLE AND HIGH SCHOOL DIRECTOR	40.00	Officer	$28,220	$0	$28,220
JULIETA MENDOZA DURAN	ELEMENTARY SCHOOL PRINCIPAL	40.00	Officer	$26,780	$0	$26,780
MARIAN REBRO	CHAIRMAN	1.00	Director	$0	$0	$0
HEEGYUNG KANG	SECRETARY	1.00	Director	$0	$0	$0
ANABELA BARTOVIC	TRASURER	1.00	Director	$0	$0	$0
SUROJIT CHATTERJEE	TRUSTEE	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
2024	$3,494,333	$3,428,654	$4,280,865	$65,679
2023	$2,636,568	$2,606,303	$4,272,858	$30,265
2022	$2,430,467	$2,401,373	$4,082,307	$29,094
2021	$2,755,116	$2,657,530	$4,147,907	$97,586
2020	$2,643,226	$1,760,138	$3,703,033	$883,088

OLIVET ACADEMY