The Transition Academy (EIN 842533606) - 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

2019

Legal Domicile

Principal Officer

Kim Riley

Phone

8168370744

Tax Period

2024-01-01 to 2024-12-31

The Transition Academy, founded in 2019, is a small nonprofit in the Education sector that reported $962K in total revenue in fiscal year 2024. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $222K, a strong 23% operating margin.

Mission

The mission is to make economic inclusion a reality for youth with disabilities, especially for young people of color who have historically been failed by systems.

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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 (2024)

Revenue Breakdown

Contributions & Grants $961,416

Program Service Revenue $0

Investment Income $0

Other Revenue $622

TOTAL REVENUE $962,038

Expense Breakdown

Grants Paid $0

Salaries & Benefits $477,110

Fundraising Expenses $155,809

Program Expenses $343,767

Other Expenses $262,429

TOTAL EXPENSES $739,539

Year-over-Year Comparison

	2024	2023	Change
Revenue	$962,038	$656,860	+0.5%
Expenses	$739,539	$634,225	+0.2%
Net Income	$222,499	$22,635	+8.8%

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

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

$101,038

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anita Davis	Director	1.00	Director	$0	$0	$0
Darla Wilkerson	Director	1.00	Director	$0	$0	$0
Ivan Nugent	Director	1.00	Director	$0	$0	$0
Kim Riley	CEO	40.00	Officer	$101,038	$0	$101,038
Brenda Polofsky	Secretary	5.00	Officer	$0	$0	$0
Steve Roling	Chairperson	10.00	Officer	$0	$0	$0
Kent Hawkins	Treasurer	2.00	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	$962,038	$739,539	$597,510	$222,499
2023	$656,860	$634,225	$383,759	$22,635
2022	$377,251	$356,918	$435,606	$20,333
2021	$477,980	$114,471	$396,233	$363,509

The Transition Academy