SELF DEVELOPMENT SCOTTSDALE ACADEMY (EIN 822956649) - 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

ASIF MAJEED

Phone

4806412640

Tax Period

2022-07-01 to 2023-06-30

SELF DEVELOPMENT SCOTTSDALE ACADEMY, founded in 2017, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $93K exceeded revenue, resulting in a 78% operating deficit.

Mission

TO NURTURE STUDENTS INNER SPIRIT OF CURIOSITY, INSPIRE STUDENTS TO DEVELOP INTRINSIC MOTIVATION TO ACHIEVE SCHOLARLY POTENTIAL, EMPOWER STUDENTS TO TAKE OWNERSHIP OF THEIR LEARNING, FOSTER PASSION FOR LIFE-LONG LEARNING, AND PROMOTE THE MERIT OF SERVING 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 (2022)

Revenue Breakdown

Contributions & Grants $50,000

Program Service Revenue $2,171

Investment Income $0

Other Revenue $0

TOTAL REVENUE $52,171

Expense Breakdown

Grants Paid $0

Salaries & Benefits $633

Fundraising Expenses $0

Program Expenses $89,025

Other Expenses $92,257

TOTAL EXPENSES $92,890

Year-over-Year Comparison

	2022	2021	Change
Revenue	$52,171	$1,665,130	-1.0%
Expenses	$92,890	$963,750	-0.9%
Net Income	$-40,719	$701,380	-1.1%

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

N/A

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

$4,995

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VERNETTA MADSEN	MEMBER	1.00	Director	$4,995	$0	$4,995
ALYSHA BUNDY	MEMBER	1.00	Director	$0	$0	$0
RACHEL HUNT	SECRETARY	1.00	Officer Director	$0	$0	$0
ANJUM MAJEED	PRESIDENT	1.00	Officer Director	$0	$0	$0
ASIF MAJEED	VP/TREASURER	1.00	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
2023	$52,171	$92,890	$659,793	$-40,719
2022	$1,665,130	$963,750	$700,512	$701,380
2021	$1,304,028	$1,589,322	$781,935	$-285,294
2020	$1,605,730	$1,584,000	$824,460	$21,730
2019	$296,787	$266,982	$115,527	$29,805

SELF DEVELOPMENT SCOTTSDALE ACADEMY