SPARKLE TOUCH LEARNING ACADEMY INC (EIN 810864874) - 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

2015

Legal Domicile

Principal Officer

KAREN L BASS

Phone

3175071460

Tax Period

2023-01-01 to 2023-12-31

SPARKLE TOUCH LEARNING ACADEMY INC, founded in 2015, is a small nonprofit in the Education sector that reported $213K in total revenue in fiscal year 2023. Expenses of $203K left a modest 5% surplus.

Mission

TO PROVIDE CARE AND EDUCATION TO INFANTS AND CHILDREN AGES 6 WEEKS TO 12 YEARS OF AGE. WE PROVIDE AN INTEGRATED CHRISTIAN FAITH BASED CURRICULUM THAT FOCUSES ON EDUCATION, SOCIAL DEVELOPMENT, AND PHYSICAL AND LEARNING SKILLS.

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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 $0

Program Service Revenue $213,022

Investment Income $0

Other Revenue $0

TOTAL REVENUE $213,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $102,689

Fundraising Expenses $0

Program Expenses $203,118

Other Expenses $100,429

TOTAL EXPENSES $203,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$213,022	N/A	N/A
Expenses	$203,118	N/A	N/A
Net Income	$9,904	N/A	N/A

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

$46,171

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN L BASS	PRESIDENT/DIRECTOR	40.00	Officer	$46,171	$0	$46,171
KIZZIE SHERROD	CHILD CARE WORKER	30.00	Highest	$20,985	$0	$20,985
CHERYL DAVIS COOK	CHILD CARE WORKER	24.00	Highest	$11,142	$0	$11,142
BONITA SMALLS	CHILD CARE WORKER	22.00	Highest	$9,024	$0	$9,024
DONNA EDWARDS	CHILD CARE WORKER	13.00	Highest	$4,050	$0	$4,050
ALEAH BAILEY	CHILD CARE WORKER	13.00	Highest	$4,020	$0	$4,020

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	No data	No data	No data	No data
2023	$213,022	$203,118	No data	$9,904
2022	$268,994	$269,915	No data	$-921
2021	$182,123	$152,025	$15,154	$30,098
2020	$248,109	$189,310	$22,092	$58,799

SPARKLE TOUCH LEARNING ACADEMY INC