MEL'S ACADEMY INC

EIN: 821077218 501(c)(3) Youth Development

INDIANAPOLIS, IN

Total Revenue
$219,853
Total Expenses
$243,274
Total Assets
$172,409
Net Assets
$60,096
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
IN
Phone
3173719659
Tax Period
2023-01-01 to 2023-12-31

MEL'S ACADEMY INC, founded in 2017, is a small nonprofit in the Youth Development sector that reported $220K in total revenue in fiscal year 2023. Expenses of $243K exceeded revenue, resulting in a 11% operating deficit.

Mission

DEDICATED TO MASTERING EXELLENCE IN EDUCATION AND LOVE FOR OTHERS. STRIVE TO MAINTAIN A POSITIVE, LOVING AND CARING, DIVERSE LEARNING ENVIRONMENT FOR CHILDREN, INFANTS TO 5 YEARS OF AGE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $27,000
Program Service Revenue $192,853
Investment Income $0
Other Revenue $0
TOTAL REVENUE $219,853

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,604
Fundraising Expenses $0
Program Expenses $243,274
Other Expenses $66,670
TOTAL EXPENSES $243,274

Year-over-Year Comparison

2023 2022 Change
Revenue $219,853 N/A N/A
Expenses $243,274 N/A N/A
Net Income $-23,421 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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Governance

Voting Members
3
Independent Members
3
Employees
17
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
1
$4,375
Total Directors
0
$0
Key Employees
15
$108,513
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELONY D MOORE PRESIDENT/CEO 40.00
Officer
$4,375 $0 $4,375
MARIA BROWN CHILD CARE WORKER 8.00
Key Emp
$797 $0 $797
DATAMARA HALE CHILD CARE WORKER 15.00
Key Emp
$5,329 $0 $5,329
ERIN HARRIS-HIGGINS CHILD CARE WORKER 6.00
Key Emp
$557 $0 $557
ANITA HOLLOWAY CHILD CARE WORKER 40.00
Key Emp
$33,434 $0 $33,434
NICOLE KENNEDY CHILD CARE WORKER 3.00
Key Emp
$151 $0 $151
VERONICA LEE CHILD CARE WORKER 15.00
Key Emp
$5,045 $0 $5,045
LAMICAH MOORE CHILD CARE WORKER 11.00
Key Emp
$1,656 $0 $1,656
WENDI NEWHOUSE CHILD CARE WORKER 26.00
Key Emp
$20,763 $0 $20,763
DEVETRICA C QUINN CHILD CARE WORKER 7.00
Key Emp
$643 $0 $643
GLENDA QUINN CHILD CARE WORKER 30.00
Key Emp
$23,266 $0 $23,266
SIERRA E RESNOVER DIRECTOR 40.00
Highest
$51,166 $0 $51,166
TRINITY A RESNOVER CHILD CARE WORKER 15.00
Key Emp
$5,302 $0 $5,302
MYA N SHELTON CHILD CARE WORKER 3.00
Key Emp
$208 $0 $208
ENDIYA JAKIAH WHITE CHILD CARE WORKER 15.00
Key Emp
$5,869 $0 $5,869
PAULA WHITE CHILD CARE WORKER 15.00
Key Emp
$5,039 $0 $5,039
ESTELLAR WILLIAMS CHILD CARE WORKER 5.00
Key Emp
$454 $0 $454
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 $219,853 $243,274 $172,409 $-23,421
2022 $494,283 $384,859 $203,215 $109,424
2021 $263,647 $239,323 $159,615 $24,324
2020 $124,747 $117,641 No data $7,106
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