FLORIDA CHARTER SCHOOL ORGANIZATION INC (EIN 832718205) - 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

2018

Legal Domicile

Principal Officer

JOSE CERVANTES

Phone

9546033303

Tax Period

2023-07-01 to 2024-06-30

FLORIDA CHARTER SCHOOL ORGANIZATION INC, founded in 2018, is a community nonprofit in the Education sector that reported $5.3M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $5.2M left a modest 3% surplus.

Mission

THE MISSION OF SUMMIT ACADEMY CHARTER SCHOOL IS TO OFFER A RIGOROUS AND HIGH QUALITY EDUCATION THAT FOCUSES ON "CLASS": CHARACTER, LEADERSHIP, ACADEMICS, SERVICE AND SPORTSMANSHIP.THE SCHOOL'S PHILOSOPHY IS THAT WITHOUT THESE COMPONENTS, STUDENTS ARE UNABLE TO ACHIEVE THEIR MAXIMUM LEARNING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $5,316,770

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,316,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,545,815

Fundraising Expenses $0

Program Expenses $3,588,946

Other Expenses $2,605,580

TOTAL EXPENSES $5,151,395

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,316,770	$4,072,457	+0.3%
Expenses	$5,151,395	$4,350,782	+0.2%
Net Income	$165,375	$-278,325	-1.6%

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

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
REGLA ALVAREZ	DIRECTOR	1.00	Director	$0	$0	$0
GEM VASQUEZ	DIRECTOR	1.00	Director	$0	$0	$0
JOSE CERVANTES	DIRECTOR	1.00	Director	$0	$0	$0
GUSTAVO PRATS	PRINCIPAL	40.00	Highest	$124,937	$0	$124,937

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	No data	No data	No data	No data
2024	$5,316,770	$5,151,395	$5,380,761	$165,375
2022	$4,071,244	$3,889,856	$5,761,985	$181,388

FLORIDA CHARTER SCHOOL ORGANIZATION INC