AKOLA ACADEMY

EIN: 833453921 501(c)(3) Human Services

Dallas, TX

Total Revenue
$296,836
Total Expenses
$295,395
Total Assets
$1,441
Net Assets
$1,441
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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
2019
Legal Domicile
TX
Phone
2143100964
Tax Period
2019-01-01 to 2019-12-31

AKOLA ACADEMY, founded in 2019, is a small nonprofit in the Human Services sector that reported $297K in total revenue in fiscal year 2019.

Mission

AKOLA ACADEMY PROVIDES PROGRAMS AND SERVICES FOR UNDER PRIVILEDGED WOMEN, OFFERING THEM HUMANITARIAN AID AND TEACHING THEM BASIC LIFE AND WORK SKILLS TO BE ABLE TO TAKE CARE OF THEIR FAMILIES.

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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 (2019)

Revenue Breakdown

Contributions & Grants $296,836
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $296,836

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,934
Fundraising Expenses $979
Program Expenses $233,380
Other Expenses $182,461
TOTAL EXPENSES $295,395

Year-over-Year Comparison

2019 2018 Change
Revenue $296,836 N/A N/A
Expenses $295,395 N/A N/A
Net Income $1,441 $0 N/A
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
6
Independent Members
5
Employees
3
Volunteers
60

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
2
$0
Total Directors
6
$31,154
Key Employees
1
$31,154
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRITTANY UNDERWOOD DIRECTOR 1
Director
$0 $0 $0
CHARITY WALLACE CO-CHAIRMAN 1
Officer Director
$0 $0 $0
NEENA NEWBERRY CO-CHAIRMAN 1
Officer Director
$0 $0 $0
MARIA DIXON HALL DIRECTOR 1
Director
$0 $0 $0
CONNIE COPLEY DIRECTOR 1
Director
$0 $0 $0
ERICA HALL EXECUTIVE DIRECTOR 40
Director Key Emp Highest
$31,154 $0 $31,154
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
2019 $296,836 $295,395 $1,441 $1,441
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