JOHN ADAMS ACADEMIES FOUNDATION (EIN 822660275) - 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

2017

Legal Domicile

Principal Officer

JASON CARDINET

Phone

9167806800

Tax Period

2024-07-01 to 2025-06-30

JOHN ADAMS ACADEMIES FOUNDATION, founded in 2017, is a small nonprofit in the Education sector that reported $136K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $378K exceeded revenue, resulting in a 177% operating deficit.

Mission

CHARITABLE AND EDUCATIONAL. PROMOTE & SUPPORT JOHN ADAMS ACADEMIES, INC. AND ITS SCHOOLS AND EDUCATIONAL PROGRAMS.

🔒

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 $110,777

Program Service Revenue $0

Investment Income $22,944

Other Revenue $2,750

TOTAL REVENUE $136,471

Expense Breakdown

Grants Paid $280,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $373,660

Other Expenses $97,676

TOTAL EXPENSES $377,676

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,471	$190,698	-0.3%
Expenses	$377,676	$132,598	+1.8%
Net Income	$-241,205	$58,100	-5.2%

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

N/A

Volunteers

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
DR DEAN FORMAN	CHIEF EXECUTIVE OFFICER	1.00	Officer Director	$0	$0	$0
JASON CARDINET	CHIEF FINANCIAL OFFICER	1.00	Officer Director	$0	$0	$0
VIRGINIA GROVE	SECRETARY	1.00	Officer Director	$0	$0	$0
BRUCE STEPHENSON	TRUSTEE	1.00	Director	$0	$0	$0
GEOFF BIXLER	TRUSTEE	1.00	Director	$0	$0	$0
LUKE SMITH	TRUSTEE	1.00	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	$136,471	$377,676	$319,642	$-241,205
2024	$190,698	$132,598	$560,847	$58,100
2023	$120,861	$129,450	$502,747	$-8,589
2022	$313,952	$144,084	$511,336	$169,868
2021	$249,589	$101,462	$341,468	$148,127

JOHN ADAMS ACADEMIES FOUNDATION