HARVEST ACADEMY (EIN 824520968) - 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

2018

Legal Domicile

Principal Officer

TIM KRUEGER

Phone

5154230004

Tax Period

2023-01-01 to 2023-12-31

HARVEST ACADEMY, founded in 2018, is a community nonprofit in the Crime & Legal sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 64% operating margin.

Mission

A 24-MONTH MINIMUM LIFE SKILLS ACADEMY FOR THOSE WITH CRIMINAL BACKGROUNDS, SUBSTANCE USE CHALLENGES, OR EXPERIENCED HOMELESSNESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,396,329

Program Service Revenue $865,537

Investment Income $7,051

Other Revenue $0

TOTAL REVENUE $2,268,917

Expense Breakdown

Grants Paid $0

Salaries & Benefits $314,502

Fundraising Expenses $56,551

Program Expenses $770,122

Other Expenses $455,620

TOTAL EXPENSES $826,673

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,268,917	$988,786	+1.3%
Expenses	$826,673	$726,535	+0.1%
Net Income	$1,442,244	$262,251	+4.5%

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

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

$134,853

Total Directors

$51,948

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM KRUEGER	DIRECTOR & CEO	20.00	Officer Director	$45,000	$6,948	$51,948
PAUL JUFFER	DIRECTOR	1.00	Director	$0	$0	$0
WALTER LAURIDSEN	DIRECTOR	1.00	Director	$0	$0	$0
AUSTIN PALMER	DIRECTOR	1.00	Director	$0	$0	$0
TAYLOR SMITH	PROGRAM DIRECTOR	40.00	Officer	$78,750	$4,155	$82,905

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	$2,268,917	$826,673	$3,090,066	$1,442,244
2022	$988,786	$726,535	$1,256,283	$262,251
2021	$228,249	$493,864	$999,926	$-265,615
2020	$754,861	$155,589	$1,250,727	$599,272
2018	$80,500	$10,193	$70,307	$70,307

HARVEST ACADEMY