Great Leaps Academy Inc (EIN 811411928) - 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

2016

Legal Domicile

Principal Officer

Jamie Schepp

Phone

5704499794

Tax Period

2024-01-01 to 2024-12-31

Great Leaps Academy Inc, founded in 2016, is a small nonprofit in the Education sector that reported $275K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $257K left a modest 7% surplus.

Mission

This organization is a school for individuals diagnosed with special needs (Down Syndrome,Autism, FragileX). Public school is not a good fit. We provide individualized, direct instruction,precision teaching,using scientifically validated applied methods

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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 $0

Program Service Revenue $259,867

Investment Income $0

Other Revenue $15,593

TOTAL REVENUE $275,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $150,962

Fundraising Expenses $0

Program Expenses $257,102

Other Expenses $106,140

TOTAL EXPENSES $257,102

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,460	$245,118	+0.1%
Expenses	$257,102	$321,117	-0.2%
Net Income	$18,358	$-75,999	-1.2%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jamie Schepp	Director	0.00	Officer 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	$275,460	$257,102	$169,528	$18,358
2023	$245,118	$321,117	$147,218	$-75,999
2022	$321,372	$352,121	$195,217	$-30,749
2021	$388,799	$387,229	$225,966	$1,570
2020	$311,458	$303,991	$190,696	$7,467
2019	$294,495	$245,843	$178,229	$48,652
2018	$347,417	$287,359	$129,577	$60,058

Great Leaps Academy Inc