A LATERE ACADEMY

EIN: 842331058 501(c)(3) Education

Omaha, NE

Total Revenue
$1,341,119
Total Expenses
$1,312,090
Total Assets
$185,074
Net Assets
$185,074
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NE
Principal Officer
Nicholas Miller
Phone
6306595532
Tax Period
2024-01-01 to 2024-12-31

A LATERE ACADEMY, founded in 2019, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

A Latere Academy is a Christian home education program that partners with families by providing classroom learning and curriculum for K-10th grade students. This is accomplished by providing in-class learning and tutoring, parent training, and a curriculum framework for 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 (2024)

Revenue Breakdown

Contributions & Grants $139,591
Program Service Revenue $1,170,732
Investment Income $8,068
Other Revenue $22,728
TOTAL REVENUE $1,341,119

Expense Breakdown

Grants Paid $0
Salaries & Benefits $975,345
Fundraising Expenses $0
Program Expenses $1,312,090
Other Expenses $336,745
TOTAL EXPENSES $1,312,090

Year-over-Year Comparison

2024 2023 Change
Revenue $1,341,119 $1,096,783 +0.2%
Expenses $1,312,090 $1,008,292 +0.3%
Net Income $29,029 $88,491 -0.7%
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
6
Employees
101
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
2
$182,750
Total Directors
6
$182,750
Key Employees
2
$182,750
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ellen Miller Founder and Executive Director 60
Officer Director Key Emp Highest
$75,000 $52,750 $127,750
Nick Miller Treasurer 40
Officer Director Key Emp
$55,000 $0 $55,000
Gavin Johnson Member of the Board of Directors 1
Director
$0 $0 $0
Sarah Johnson Member of the Board of Directors 1
Director
$0 $0 $0
James Williams Member of the Board of Directors 1
Director
$0 $0 $0
Elizabeth Williams Member of the Board of Directors 1
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 $1,341,119 $1,312,090 $185,074 $29,029
2023 $1,096,783 $1,008,292 $156,045 $88,491
2022 $616,155 $600,888 $67,554 $15,267
2021 $513,534 $475,159 $52,287 $38,375
2020 $256,973 $245,167 $13,912 $11,806
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