RUNNELS ACADEMY INC (EIN 824598959) - 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

Phone

4322640008

Tax Period

2023-07-01 to 2024-06-30

RUNNELS ACADEMY INC, founded in 2018, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 394% from the prior year, signaling strong growth momentum. Expenses of $1.5M left a modest 10% surplus.

Mission

PROVIDE A CHRISTIAN BASED EDUCATION

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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 $1,131,246

Program Service Revenue $475,341

Investment Income $0

Other Revenue $19,265

TOTAL REVENUE $1,625,852

Expense Breakdown

Grants Paid $0

Salaries & Benefits $809,542

Fundraising Expenses $0

Program Expenses $1,455,967

Other Expenses $646,425

TOTAL EXPENSES $1,455,967

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,625,852	$328,903	+3.9%
Expenses	$1,455,967	N/A	N/A
Net Income	$169,885	$328,903	-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
CHASE PINKERTON	BOARD MEMBER	0.00	Director	$0	$0	$0
JOHN BRYANS	BOARD MEMBER	0.00	Director	$0	$0	$0
KATHRYN LANE	Secretary	35.00	Officer Director	$0	$0	$0
MEREDITH NIETO	Treasurer	1.00	Officer Director	$0	$0	$0
KEVIN KNUDSON	President & CEO	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
2025	No data	No data	No data	No data
2024	$1,625,852	$1,455,967	$372,223	$169,885
2023	No data	No data	No data	No data
2022	$1,003,584	$991,499	$439,715	$12,085
2021	$599,989	$445,714	$403,837	$154,275
2020	$551,298	$393,514	$241,336	$157,784

RUNNELS ACADEMY INC