Transformative Leadership Academy TL Academy

EIN: 834545014 501(c)(3) Education

Monahans, TX

Total Revenue
$1,019,723
Total Expenses
$879,351
Total Assets
$1,360,332
Net Assets
$742,401
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TX
Principal Officer
Lindsey Balderaz
Phone
4322451108
Tax Period
2023-09-01 to 2024-08-31

Transformative Leadership Academy TL Academy, founded in 2019, is a community nonprofit in the Education sector that reported $1.0M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $879K left a modest 14% surplus.

Mission

The Corporation shall seek to design, develop, establish and direct a private school for grades Pre-kindergarten through 12th. The school will utilize a +1P framework for learning to prepare this generation of students to lead our community with 21st century skill including: Critical thinking and problem Solving, collaboration and leading by influence, agility and adaptability, initiative and entrepreneurism, effective communication, accessing and analyzing information, curiosity and imagination. We will provide a universaly designed instructional and physical environment that not only meets the needs of all students, but embraces their uniqueness and diversity. We will create globally responsive citizens who seek to better their communities through stategic problem solving and collaboration. Through our interdisciplinary instruction and flexible grouping strategies, our students' achievement will be accelerated so that they are fully prepared for college and/or careers.

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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 (2023)

Revenue Breakdown

Contributions & Grants $256,342
Program Service Revenue $706,794
Investment Income $0
Other Revenue $56,587
TOTAL REVENUE $1,019,723

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $614,750
Fundraising Expenses $0
Program Expenses $794,354
Other Expenses $262,101
TOTAL EXPENSES $879,351

Year-over-Year Comparison

2023 2022 Change
Revenue $1,019,723 $924,420 +0.1%
Expenses $879,351 $981,293 -0.1%
Net Income $140,372 $-56,873 -3.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
7
Independent Members
7
Employees
N/A
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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rebekah Kines President 0.00
Officer Director
$0 $0 $0
Larry Jasso Vice-President 0.00
Officer Director
$0 $0 $0
Lindsey Balderaz Secretary 0.00
Officer Director
$0 $0 $0
Dusty Coulston Director 0.00
Director
$0 $0 $0
Dr Lindsey Balderaz Executive Director 50.00
Officer Director
$0 $0 $0
Bobby Andrews Director 0.00
Director
$0 $0 $0
Justin Hardy Director 0.00
Director
$0 $0 $0
Denisse Taylor Director 0.00
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
2024 $1,019,723 $879,351 $1,360,332 $140,372
2023 $924,420 $981,293 $1,477,686 $-56,873
2022 $1,117,570 $751,781 $1,449,686 $365,789
2021 $713,234 $517,834 $673,745 $195,400
2020 $831,846 $455,777 $429,227 $376,069
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