INNOVATION MONTESSORI HIGH SCHOOL- OCOEE INC (EIN 831529458) - 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

2016

Legal Domicile

Principal Officer

HEATHER CLAY

Phone

4076542045

Tax Period

2022-07-01 to 2023-06-30

INNOVATION MONTESSORI HIGH SCHOOL- OCOEE INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2022. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $1.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO OPERATE A PUBLIC CHARTER IN ORANGE COUNTY, FLORIDA

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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 (2022)

Revenue Breakdown

Contributions & Grants $89,674

Program Service Revenue $1,315,384

Investment Income $0

Other Revenue $193,599

TOTAL REVENUE $1,598,657

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,616,875

Other Expenses $1,828,166

TOTAL EXPENSES $1,828,166

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,598,657	$997,367	+0.6%
Expenses	$1,828,166	$1,045,609	+0.7%
Net Income	$-229,509	$-48,242	+3.8%

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

200

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

$122,790

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN STONE	BOARD MEMBER	1.00	Director	$0	$0	$0
AJ STEVENSON	BOARD MEMBER	1.00	Director	$0	$0	$0
PATRICE CHERICO	EXECUTIVE DIRECTOR	40.00	Director	$0	$122,790	$122,790
BRETT CASEY	PRESIDENT	2.00	Officer	$0	$0	$0
STACEY WILLIAMS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KRISTIN CHASE	SECRETARY	1.00	Officer	$0	$0	$0
PHILLIP GALLINA	TREASURER	1.00	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
2023	$1,598,657	$1,828,166	$168,333	$-229,509
2022	$997,367	$1,045,609	$101,328	$-48,242
2021	$765,543	$850,286	$196,879	$-84,743
2020	$632,360	$558,226	$183,864	$74,134

INNOVATION MONTESSORI HIGH SCHOOL- OCOEE INC