NLT ACADEMY INC (EIN 814335753) - 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

2016

Legal Domicile

Principal Officer

Natalie Davy

Phone

8137401868

Tax Period

2024-07-01 to 2025-06-30

NLT ACADEMY INC, founded in 2016, is a small nonprofit in the Education sector that reported $780K in total revenue in fiscal year 2024. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $933K exceeded revenue, resulting in a 20% operating deficit.

Mission

NLT ACADEMY, INC. IS A FULLY-ACCREDITED INSTITUTION THAT FOSTERS ACADEMIC EXCELLENCE AND HIGH ACHIEVEMENT, EDUCATING IN A CHRIST-CENTERED ENVIRONMENT.

🔒

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 $17,443

Program Service Revenue $761,925

Investment Income $609

Other Revenue $0

TOTAL REVENUE $779,977

Expense Breakdown

Grants Paid $0

Salaries & Benefits $642,037

Fundraising Expenses $0

Program Expenses $885,877

Other Expenses $290,464

TOTAL EXPENSES $932,501

Year-over-Year Comparison

	2024	2023	Change
Revenue	$779,977	$1,115,131	-0.3%
Expenses	$932,501	$1,089,463	-0.1%
Net Income	$-152,524	$25,668	-6.9%

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

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

$200,839

Total Directors

$200,839

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Rashidi Collins	Vice President	Officer Director	$0	$0	$135,297
Anne Lexine	Secretary	Officer Director	$41,217	$0	$41,217
Cyvonne Davy	Director	Officer Director	$24,325	$0	$24,325
Natalie Davy	Superintendent	Officer Director	$0	$0	$0
Tracy Croteau	Director	Director	$0	$0	$0
Anthony Ballestero	Director	Director	$0	$0	$0
Michelle Russell	Director	Director	$0	$0	$0
Angela Perry	Director	Director	$0	$0	$0
Lemuel Harris	Treasurer	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
2025	$779,977	$932,501	$88,789	$-152,524
2024	$1,115,131	$1,089,463	$255,347	$25,668
2023	$1,041,501	$994,816	$243,097	$46,685
2022	$1,191,626	$1,094,821	$242,142	$96,805
2021	$702,825	$810,568	$70,547	$-107,743

NLT ACADEMY INC