NORTH AMERICA INNOVATION ACADEMY (EIN 825408356) - 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

2019

Legal Domicile

Principal Officer

XIAOBIN ZHANG

Phone

4252901001

Tax Period

2024-01-01 to 2024-12-31

NORTH AMERICA INNOVATION ACADEMY, founded in 2019, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $176K exceeded revenue, resulting in a 1069% operating deficit.

Mission

AN ACADEMY THAT AIMS AT BRINGING TOGETHER RESEARCH LEADERS FROM BOTH ACADEMIC AND INNOVATIVE TECHNOLOGY INDUSTRIES TO OFFER IN-DEPTH TRAINING FOR GLOBAL EXECUTIVES ON DISRUPTIVE TECHNOLOGICAL TRENDS IN THE INDUSTRY WHICH MAY RESULT IN DRAMATIC CHANGES TO OUR SOCIETY IN THE FUTURE.

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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 $0

Investment Income $0

Other Revenue $15,050

TOTAL REVENUE $15,050

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,130

Other Expenses $175,956

TOTAL EXPENSES $175,956

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,050	$681,500	-1.0%
Expenses	$175,956	$146,568	+0.2%
Net Income	$-160,906	$534,932	-1.3%

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

N/A

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
DENNIS OSWALT	DIRECTOR	N/A	Director	$0	$0	$0
XIAOBIN ZHANG	DIRECTOR	N/A	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
2024	$15,050	$175,956	$1,138,306	$-160,906
2023	$681,500	$146,568	$1,299,212	$534,932
2022	$1,622	$174,982	$764,280	$-173,360
2021	$988,400	$106,821	$938,892	$881,579

NORTH AMERICA INNOVATION ACADEMY