GLOBAL ACADEMY INC

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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

HARMIT JUNEJA

Phone

5595750587

Tax Period

2023-07-01 to 2024-06-30

GLOBAL ACADEMY INC, founded in 2019, is a community nonprofit in the Education sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 26% operating margin.

Mission

THE MISSION OF CLOVIS GLOBAL ACADEMY IS TO SUSTAIN A SAFE, INCLUSIVE SCHOOL ECOLOGY WHERE OUR STUDENTS ACHIEVE ACADEMIC EXCELLENCE AND WE INCITE A LIFELONG LOVE OF LEARNING. WE EMPOWER OUR STUDENTS WITH PRODUCTIVE SKILLS AND VALUES SO THEY DEVELOP AND EXPRESS THEIR TALENTS AND GROW INTO CONSCIENTIOUS, BILINGUAL INDIVIDUALS, EAGER TO UPLIFT OTHERS.

Program Service Accomplishments

Program 1

Expenses: $3,327,624 Revenue: $59,672

OPERATION OF A PUBLIC CHARTER SCHOOL IN CLOVIS, CALIFORNIA: CLOVIS GLOBAL ACADEMY (CGA). CGA PROVIDES ITS STUDENTS WITH A DUAL LANGUAGE IMMERSION PROGRAM. CGA'S BILINGUAL SCHOLARS ARE EQUIPPED TO...

OPERATION OF A PUBLIC CHARTER SCHOOL IN CLOVIS, CALIFORNIA: CLOVIS GLOBAL ACADEMY (CGA). CGA PROVIDES ITS STUDENTS WITH A DUAL LANGUAGE IMMERSION PROGRAM. CGA'S BILINGUAL SCHOLARS ARE EQUIPPED TO ACHIEVE THEIR GOALS, COMPASSIONATELY RELATE TO OTHERS, CONTRIBUTE CREATIVE SOLUTIONS WITHIN THE INTERNATIONAL WORKFORCE, AND LEAD A LIFE OF FREEDOM, HARMONY, EFFECTIVENESS, AND HAPPINESS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,031,393

Program Service Revenue $59,672

Investment Income $2,769

Other Revenue $7,029

TOTAL REVENUE $5,100,863

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,420,692

Fundraising Expenses $0

Program Expenses $3,327,624

Other Expenses $1,339,634

TOTAL EXPENSES $3,760,326

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,100,863	$4,128,308	+0.2%
Expenses	$3,760,326	$3,074,860	+0.2%
Net Income	$1,340,537	$1,053,448	+0.3%

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

$131,535

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CHARLES MERRITT	PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ALFREDO CUELLAR	MEMBER	1.00	Director	$0	$0	$0
KULDEEP KAUR	MEMBER	1.00	Director	$0	$0	$0
ANUP SINGH	MEMBER	1.00	Director	$0	$0	$0
KIRANJOT HUNDAL	SECRETARY	1.00	Officer Director	$0	$0	$0
HARMIT JUNEJA	PRINCIPAL/SUPERINTENDENT	40.00	Officer	$118,886	$12,649	$131,535
RUTH DUTTON	LEARNING DIRECTOR	40.00	Highest	$138,098	$14,675	$152,773
SHAWNA VITAL	VICE PRINCIPAL/PROGRAM SPECIALIST	40.00	Highest	$108,001	$10,687	$118,688

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	$5,100,863	$3,760,326	$3,969,688	$1,340,537
2023	$4,128,308	$3,074,860	$3,381,583	$1,053,448
2022	$2,547,615	$2,301,174	$1,236,005	$246,441
2021	$1,667,503	$1,173,180	$1,059,888	$494,323