COMPTIA TECH CAREER ACADEMY (EIN 824863904) - 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

TODD THIBODEAUX

Phone

6306788300

Tax Period

2024-01-01 to 2024-07-16

COMPTIA TECH CAREER ACADEMY, founded in 2018, is a small nonprofit that reported $832K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 25% operating deficit.

Mission

CTCA STUDIES THE INTERSECTION OF TECHNOLOGY AND WORKFORCE, AND LEVERAGES THOSE INSIGHTS (SEE SCH O) TO PRODUCE DATA-DRIVEN, SMART SOLUTIONS, POLICIES, AND METHODOLOGIES TO ENSURE A PRODUCTIVE, VIABLE, AND EQUITABLE 21ST CENTURY. CTCA LOOKS AT NEW TECHNOLOGY JOB CREATION TRENDS FOR BOTH DEGREE AND NON-DEGREE WORKERS; EXPLORES HOW NEW TECHNOLOGIES MIGHT BE CREATING EFFICIENCIES AND OPENING UP OPPORTUNITIES FOR EXISTING WORKERS; AND WHAT FISCAL AND SOCIAL POLICIES ARE NEEDED TO BOTH FACILITATE AND EASE THE TRANSITION FROM TRADITIONAL BLUE COLLAR JOBS TO "NEW COLLAR" JOBS.

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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 $0

Program Service Revenue $831,618

Investment Income $0

Other Revenue $0

TOTAL REVENUE $831,618

Expense Breakdown

Grants Paid $0

Salaries & Benefits $-593

Fundraising Expenses $0

Program Expenses $1,040,584

Other Expenses $1,041,177

TOTAL EXPENSES $1,040,584

Year-over-Year Comparison

	2023	2022	Change
Revenue	$831,618	$11,883,037	-0.9%
Expenses	$1,040,584	$11,434,923	-0.9%
Net Income	$-208,966	$448,114	-1.5%

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

N/A

Employees

N/A

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

$2,864,110

Total Directors

$2,864,110

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TODD THIBODEAUX	CHAIRMAN, DIRECTOR	1.00	Officer Director	$0	$33,661	$1,834,149
BRIAN LAFFEY	TREASURER, DIRECTOR	1.00	Officer Director	$0	$35,061	$427,929
COURTNEY FONG	CEO, DIRECTOR	1.00	Officer Director	$0	$27,273	$373,542
JEAN LIU	SECRETARY, DIRECTOR	1.00	Officer Director	$0	$21,976	$228,490

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	$831,618	$1,040,584	No data	$-208,966
2023	$9,354,968	$7,363,079	$3,635,786	$1,991,889
2022	$11,883,037	$11,434,923	$7,433,156	$448,114
2021	$5,424,881	$6,988,371	$2,728,852	$-1,563,490
2020	$4,155,225	$4,348,951	$1,451,675	$-193,726
2018	$750,000	$405,511	$403,987	$344,489

COMPTIA TECH CAREER ACADEMY