THE LIFE SCHOOL OF ATLANTA INC

EIN: 812223588 501(c)(3)

ATLANTA, GA

Total Revenue
$295,039
Total Expenses
$269,217
Total Assets
$73,034
Net Assets
$22,887
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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
Principal Officer
MIKALA P STREETER
Phone
4043430064
Tax Period
2019-07-01 to 2020-06-30

THE LIFE SCHOOL OF ATLANTA INC, founded in 2016, is a small nonprofit that reported $295K in total revenue in fiscal year 2019. Revenue surged 112% from the prior year, signaling strong growth momentum. Expenses of $269K left a modest 9% surplus.

Mission

PROVIDES AN INNOVATIVE PRIVATE HIGH SCHOOL EDUCATION IN ATLANTA

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $45,971
Program Service Revenue $226,961
Investment Income $0
Other Revenue $22,107
TOTAL REVENUE $295,039

Expense Breakdown

Grants Paid $0
Salaries & Benefits $117,712
Fundraising Expenses $426
Program Expenses $234,909
Other Expenses $151,505
TOTAL EXPENSES $269,217

Year-over-Year Comparison

2019 2018 Change
Revenue $295,039 $139,008 +1.1%
Expenses $269,217 $147,038 +0.8%
Net Income $25,822 $-8,030 -4.2%
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

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
10

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
2
$28,250
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKALA P STREETER PRESIDENT & 60.00
Officer
$28,250 $0 $28,250
JARRETT COGER TRUSTEE 2.00
Director
$0 $0 $0
HASSAN HASSAN TRUSTEE 2.00
Director
$0 $0 $0
DENISE W STREETER TRUSTEE & TR 10.00
Officer
$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
2020 $295,039 $269,217 $73,034 $25,822
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