BRAVEHEART ACADEMY INC

🔒

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

2019

Legal Domicile

Principal Officer

JOSHUA BERNARD

Tax Period

2023-01-01 to 2023-12-31

BRAVEHEART ACADEMY INC, founded in 2019, is a small nonprofit in the Education sector that reported $205K in total revenue in fiscal year 2023. The organization ran a surplus of $43K, a strong 21% operating margin.

Mission

To equip students to excel academically

Program Service Accomplishments

Program 1

Expenses: $150,826 Revenue: $195,707

Operated an educational program focusing on mastery based learning within the subject areas of arithmetic, reading, and writing to identify and address achievement gaps.

Program 2

Expenses: $5,493 Revenue: $5,493

Pursued initial accreditation with Cognia in order to boost ongoing performance efforts for the benefit of students and staff members.

Program 3

Expenses: $3,906 Revenue: $3,906

Invested in technology annd online based learning in order to further individualize learning to increase student student achievement and engagement.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $205,106

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $205,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $112,420

Fundraising Expenses $1,217

Program Expenses $160,225

Other Expenses $49,696

TOTAL EXPENSES $162,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$205,106	N/A	N/A
Expenses	$162,116	N/A	N/A
Net Income	$42,990	N/A	N/A

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

N/A

Employees

N/A

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
FREDERICK WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
RAYMOND SENTABOULE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRYSTAL BERNARD	BOARD MEMBER	20.00	Director	$0	$0	$0
JOSHUA BERNARD	BOARD MEMBER	20.00	Officer Director	$0	$0	$0
NASREEN RAVAT	TREASURER	2.00	Officer	$0	$0	$0
VANJA GAITHER	BOARD MEMBER	3.00	Officer	$0	$0	$0
JOAN JASPER	SECRETARY	1.00	Officer	$0	$0	$0
REBECCA HARDIE	PRESIDENT	1.00	Officer	$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	No data	No data	No data	No data
2023	$205,106	$162,116	$45,074	$42,990