Inspire Preparatory Academy (EIN 825396280) - 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

Sabrina Livingston

Phone

3213775945

Tax Period

2024-01-01 to 2024-12-31

Inspire Preparatory Academy, founded in 2018, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 6% surplus.

Mission

At Inspire Christian Academy, we make sure each child gets the best education possible. Every year we invest intothe latest curriculums to keep our students two grade levels ahead of this in Public Schools. That is our promise to every Child and Parent that enrolls into our school.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,141,381

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,141,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $436,126

Fundraising Expenses $0

Program Expenses $1,045,155

Other Expenses $632,619

TOTAL EXPENSES $1,068,745

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,141,381	$947,311	+0.2%
Expenses	$1,068,745	$724,032	+0.5%
Net Income	$72,636	$223,279	-0.7%

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

$121,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sabrina Livingston	President	40.00	Officer	$121,200	$0	$121,200
Kimberly Martin	Vice President	0.00	Officer	$0	$0	$0
Melissa Richardson	Secretary	0.00	Officer	$0	$0	$0
Kathie Perkins	Treasure	0.00	Officer	$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
2024	$1,141,381	$1,068,745	$236,692	$72,636
2023	$947,311	$724,032	$156,706	$223,279
2022	$554,324	$541,324	$135,570	$13,000
2021	$451,076	$388,178	$52,232	$62,898

Inspire Preparatory Academy