SUNCOAST PREPARATORY ACADEMY (EIN 832687695) - 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

WINDI EKLUND

Phone

9499946724

Tax Period

2024-07-01 to 2025-06-30

SUNCOAST PREPARATORY ACADEMY, founded in 2018, is a mid-sized nonprofit in the Education sector that reported $20.4M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $19.1M left a modest 6% surplus.

Mission

OPERATE A HOMESCHOOL FOCUSED, INDEPENDENT STUDY, PUBLIC, TUITION-FREE, TK-12 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 $20,308,421

Program Service Revenue $0

Investment Income $57,354

Other Revenue $0

TOTAL REVENUE $20,365,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,551,624

Fundraising Expenses $0

Program Expenses $14,723,723

Other Expenses $6,527,699

TOTAL EXPENSES $19,079,323

Year-over-Year Comparison

	2024	2023	Change
Revenue	$20,365,775	$14,848,129	+0.4%
Expenses	$19,079,323	$11,430,156	+0.7%
Net Income	$1,286,452	$3,417,973	-0.6%

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

118

Volunteers

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

$268,752

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREL WARD	PRESIDENT	2.00	Officer Director	$0	$0	$0
COLLEEN COHEN	SECRETARY	2.00	Officer Director	$0	$0	$0
AMANDA CAMPOS	MEMBER	2.00	Director	$0	$0	$0
ROBERT WALTERS	MEMBER	2.00	Director	$0	$0	$0
DENISE SANTANGELO	MEMBER	2.00	Director	$0	$0	$0
ANDI KOWAL	MEMBER	2.00	Director	$0	$0	$0
CHRISTA CAMPBELL	MEMBER	2.00	Director	$0	$0	$0
WINDI EKLUND	DIRECTOR/PRINCIPAL	40.00	Officer	$268,752	$0	$268,752
BETHANY EWERS	SCHOOL SUPPORT EDUCATION SPECIALIST	40.00	Highest	$116,434	$22,239	$138,673
KATHRYN WALKER	STUDENT SERVICES COORDINATOR	40.00	Highest	$114,922	$21,950	$136,872
HEIDI LANDGRAF	EDUCATION SPECIALIST	40.00	Highest	$113,917	$21,758	$135,675
AARON HOLBROOK	EDUCATION SPECIALIST	40.00	Highest	$112,130	$21,417	$133,547
VICKI MCCLURE	EDUCATION SPECIALIST	40.00	Highest	$111,389	$21,275	$132,664

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	$20,365,775	$19,079,323	$5,767,461	$1,286,452
2024	No data	No data	No data	No data
2023	$2,043,393	$2,167,665	$679,536	$-124,272
2022	$1,263,896	$1,301,954	$372,242	$-38,058
2021	$1,156,715	$1,212,677	$414,917	$-55,962
2020	$1,036,990	$1,465,125	$416,582	$-428,135

SUNCOAST PREPARATORY ACADEMY