ASHEBORO HYBRID ACADEMY CORPORATION

EIN: 824710173 501(c)(3)

ASHEBORO, NC

Total Revenue
$1,279,879
Total Expenses
$1,366,777
Total Assets
$237,878
Net Assets
$93,746
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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
2022
Legal Domicile
NC
Principal Officer
Nena Conner
Phone
3368572108
Tax Period
2024-01-01 to 2024-12-31

ASHEBORO HYBRID ACADEMY CORPORATION, founded in 2022, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $656,691
Program Service Revenue $623,188
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,279,879

Expense Breakdown

Grants Paid $0
Salaries & Benefits $811,598
Fundraising Expenses $20,422
Program Expenses $1,226,351
Other Expenses $555,179
TOTAL EXPENSES $1,366,777

Year-over-Year Comparison

2024 2023 Change
Revenue $1,279,879 $1,051,747 +0.2%
Expenses $1,366,777 $958,858 +0.4%
Net Income $-86,898 $92,889 -1.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
61
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
0
$0
Total Directors
1
$28,040
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NENA CONNER DIRECTOR 40.00
Director
$28,040 $0 $28,040
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 $1,279,879 $1,366,777 $237,878 $-86,898
2023 $1,051,747 $958,858 $187,916 $92,889
2022 $101,446 $187,155 $95,027 $-85,709
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