THE ACADEMY AT GLENGARY INC

EIN: 830608910 501(c)(3) Employment

SARASOTA, FL

Total Revenue
$1,746,474
Total Expenses
$1,865,256
Total Assets
$2,535,853
Net Assets
$2,398,121
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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
FL
Principal Officer
JOAN GEYER
Phone
9419219936
Tax Period
2024-07-01 to 2025-06-30

THE ACADEMY AT GLENGARY INC, founded in 2018, is a community nonprofit in the Employment sector that reported $1.7M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.

Mission

THE ACADEMY AT GLENGARY, INC., OPERATES TWO LOCATIONS, ACADEMY AT BRADENTON AND ACADEMY AT GLENGARY, OFFERS AN ACCREDITED PROGRAM OF CLUBHOUSE INTERNATIONAL, AND IS PART OF A WORLDWIDE NETWORK OF REHABILITATION FACILITIES THAT PROVIDES VOCATIONAL AND PSYCHOSOCIAL REHABILITATION TO ADULTS, 18 YEARS AND OLDER, LIVING WITH MENTAL ILLNESSES. CLIENTS, CORRECTLY REFERRED TO AS "MEMBERS" ARE PROVIDED WITH OPPORTUNITIES FOR WELLNESS, SOCIALIZATION, COMMUNITY REINTEGRATION, VOCATIONAL TRAINING, EDUCATION AND EMPLOYMENT IN A CARING AND SUPPORTIVE ENVIRONMENT - SO THEY CAN PARTICIPATE FULLY AS VALUED AND PRODUCTIVE MEMBERS OF SOCIETY.

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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 $720,232
Program Service Revenue $1,018,474
Investment Income $52,298
Other Revenue $-44,530
TOTAL REVENUE $1,746,474

Expense Breakdown

Grants Paid $2,000
Salaries & Benefits $1,091,885
Fundraising Expenses $20,575
Program Expenses $1,719,840
Other Expenses $750,796
TOTAL EXPENSES $1,865,256

Year-over-Year Comparison

2024 2023 Change
Revenue $1,746,474 $2,050,920 -0.1%
Expenses $1,865,256 $1,783,208 +0.0%
Net Income $-118,782 $267,712 -1.4%
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
9
Independent Members
9
Employees
19
Volunteers
10

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
4
$127,315
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM MCKEEVER EXECUTIVE DIRECTOR 40.00
Officer
$117,710 $9,605 $127,315
JONATHAN BERG DIRECTOR 1.00
Director
$0 $0 $0
RASHELLE CROFUT DIRECTOR 1.00
Director
$0 $0 $0
MICHELE GRIMES DIRECTOR 1.00
Director
$0 $0 $0
PAUL HENNEKES DIRECTOR 1.00
Director
$0 $0 $0
MELISSA CROWLEY DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW THOMAS DIRECTOR 1.00
Director
$0 $0 $0
ROSEMARY STACK VICE PRESIDENT/SECRETARY 1.00
Officer Director
$0 $0 $0
STEVEN MEIER TREASURER 1.00
Officer Director
$0 $0 $0
JOAN S GEYER PRESIDENT/CHAIR 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 $1,746,474 $1,865,256 $2,535,853 $-118,782
2024 $2,050,920 $1,783,208 $2,673,312 $267,712
2023 $2,247,982 $1,612,630 $2,356,979 $635,352
2022 $1,769,646 $1,264,997 $1,685,634 $504,649
2021 $1,193,472 $980,727 $1,162,501 $212,745
2020 $1,090,414 $934,310 $1,087,662 $156,104
2018 $1,185,205 $400,195 $788,546 $785,010
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