LINCOLN ACADEMY CHARTER SCHOOL (EIN 841578383) - 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

1997

Legal Domicile

Principal Officer

Amanda Corrion

Phone

3034675363

Tax Period

2022-07-01 to 2023-06-30

LINCOLN ACADEMY CHARTER SCHOOL, founded in 1997, is a community nonprofit in the Education sector that reported $9.8M in total revenue in fiscal year 2022.

Mission

Operation of a charter school.

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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 (2022)

Revenue Breakdown

Contributions & Grants $397,659

Program Service Revenue $8,888,734

Investment Income $0

Other Revenue $469,427

TOTAL REVENUE $9,755,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,058,796

Fundraising Expenses $0

Program Expenses $5,705,137

Other Expenses $2,928,801

TOTAL EXPENSES $9,987,597

Year-over-Year Comparison

	2022	2021	Change
Revenue	$9,755,820	$9,228,548	+0.1%
Expenses	$9,987,597	$6,471,989	+0.5%
Net Income	$-231,777	$2,756,559	-1.1%

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

N/A

Volunteers

150

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
Michah Gibreath	Vice President	2.00	Officer Director	$0	$0	$0
Amanda Corrion	President	2.00	Officer Director	$0	$0	$0
Lacy Cleveland	Secretary	2.00	Officer Director	$0	$0	$0
David Schoenhals	Executive Director	40.00	Highest	$145,600	$31,158	$176,758
Travis Harrison	Treasurer	2.00	Officer Director	$0	$0	$0
Rob McReady	Member	2.00	Director	$0	$0	$0
Brandon DeVito	Member	2.00	Director	$0	$0	$0
Kyle Pethe	Adjunct	2.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$9,755,820	$9,987,597	$22,140,405	$-231,777
2022	$9,228,548	$6,471,989	$21,861,221	$2,756,559
2021	$7,746,685	$3,933,624	$22,889,955	$3,813,061

LINCOLN ACADEMY CHARTER SCHOOL