Hobgood Charter School Inc (EIN 832001956) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

Joe McDowell

Phone

2522421880

Tax Period

2024-07-01 to 2025-06-30

Hobgood Charter School Inc, founded in 2018, is a community nonprofit in the Education sector that reported $8.8M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $7.8M left a modest 12% surplus.

Mission

Operation of a public charter school.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $271,401

Program Service Revenue $8,535,687

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,807,088

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,549,677

Fundraising Expenses $530,304

Program Expenses $5,481,075

Other Expenses $3,201,886

TOTAL EXPENSES $7,751,563

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,807,088	$7,625,905	+0.2%
Expenses	$7,751,563	$8,056,765	0.0%
Net Income	$1,055,525	$-430,860	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

109

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
Joseph McDowell	Board Chair	003.00	Officer Director	$0	$0	$0
Shawn Dawes	Vice Chair	001.00	Officer Director	$0	$0	$0
Shanna James	Secretary	001.00	Officer Director	$0	$0	$0
Ricky Cannon	Board Member	003.00	Director	$0	$0	$0
Vickie Dougherty	Board Member	001.00	Director	$0	$0	$0
Tom Winslow	Board Member	001.00	Director	$0	$0	$0
Jean Spruell-Boyd	Board Member	001.00	Director	$0	$0	$0
Zane Stilwell	Board Member	001.00	Director	$0	$0	$0
Leah Long	Board Member	001.00	Director	$0	$0	$0
Nicole Flanary	Board Member	001.00	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	$8,807,088	$7,751,563	$10,120,810	$1,055,525
2024	$7,625,905	$8,056,765	$9,091,116	$-430,860
2023	$5,312,642	$4,401,664	$2,730,388	$910,978
2022	$4,231,918	$3,801,109	$1,841,715	$430,809
2021	$3,069,615	$2,376,611	$1,047,992	$693,004
2020	$2,060,882	$1,730,133	$330,863	$330,749

Hobgood Charter School Inc