PROMESA ACADEMY INC (EIN 822921031) - 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

ISAAC WILLIAMS

Phone

2109421700

Tax Period

2024-07-01 to 2025-06-30

PROMESA ACADEMY INC, founded in 2017, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2024. Revenue fell 39% from the prior year — a significant decline worth monitoring. Expenses of $6.6M exceeded revenue, resulting in a 27% operating deficit.

Mission

PROVIDING HIGH QUALITY INSTRUCTION TO ENSURE EVERY KINDERGARTEN-FIFTH GRADE STUDENT HAS THE SKILLS AND KNOWLEDGE FOR MIDDLE AND HIGH SCHOOL SUCCESS, COLLEGE GRADUATION AND LIFE FILLED WITH OPPORTUNITY.

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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 $5,187,339

Program Service Revenue $20,287

Investment Income $17,046

Other Revenue $0

TOTAL REVENUE $5,224,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,236,281

Fundraising Expenses $37,710

Program Expenses $6,055,447

Other Expenses $3,407,793

TOTAL EXPENSES $6,644,074

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,224,672	$8,577,146	-0.4%
Expenses	$6,644,074	$8,566,713	-0.2%
Net Income	$-1,419,402	$10,433	-137.0%

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

107

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

$133,889

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISAAC WILLIAMS	CEO	40.00	Officer	$123,174	$10,715	$133,889
DENISE FORD	SECRETARY	2.00	Officer Director	$0	$0	$0
HECTOR GARCIA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ELIANA RODRIGUEZ	BOARD VICE C	2.00	Officer Director	$0	$0	$0
JEFFREY ROTHCHILD	BOARD MEMBER	2.00	Director	$0	$0	$0
TAYA TSELOLIKHINA	BOARD MEMBER	2.00	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	$5,224,672	$6,644,074	$16,792,795	$-1,419,402
2024	$8,577,146	$8,566,713	$18,441,843	$10,433
2023	$7,025,513	$6,479,135	$17,394,304	$546,378
2022	$4,982,980	$4,649,817	$11,349,575	$333,163
2021	$3,410,437	$3,087,942	$1,199,079	$322,495
2020	$555,488	$493,925	$857,943	$61,563
2019	$874,730	$266,628	$660,605	$608,102

PROMESA ACADEMY INC