THE LEAD ACADEMY INC (EIN 821088613) - 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

2017

Legal Domicile

Principal Officer

EUGENE K BLANKENSHIP

Phone

3045730661

Tax Period

2024-01-01 to 2024-12-31

THE LEAD ACADEMY INC, founded in 2017, is a community nonprofit in the Mental Health sector that reported $1.4M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.3M left a modest 4% surplus.

Mission

HELP PROVIDE TRANSPORTATION AND HELP THOSE IN THE COMMUNITYWE FEED, HOUSE, AND PROVIDE CASE MANAGMENT TO THE COMMUNITY

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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 $1,378,644

Program Service Revenue $0

Investment Income $136

Other Revenue $0

TOTAL REVENUE $1,378,780

Expense Breakdown

Grants Paid $0

Salaries & Benefits $485,907

Fundraising Expenses $0

Program Expenses $1,321,118

Other Expenses $835,211

TOTAL EXPENSES $1,321,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,378,780	$1,661,207	-0.2%
Expenses	$1,321,118	$1,556,159	-0.2%
Net Income	$57,662	$105,048	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY STEWART	DIRECTOR	25.00	Director	$0	$0	$0
TOMMY WILLIAMS	DIRECTOR	25.00	Director	$0	$0	$0
EUGENE K BLANKENSHIP	PRESIDENT	40.00	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
2024	$1,378,780	$1,321,118	$514,558	$57,662
2023	$1,661,207	$1,556,159	$502,254	$105,048
2022	$1,289,386	$1,279,577	$285,756	$9,809
2021	$829,287	$766,321	$349,674	$62,966
2020	$414,102	$388,334	$298,708	$25,768
2019	$395,295	$423,524	$122,040	$-28,229
2019	$394,383	$423,524	$121,128	$-29,141
2018	$362,742	$336,962	$150,269	$25,780

THE LEAD ACADEMY INC