COMMUNITY ACADEMIES OF NEW ORLEANS INC

EIN: 842902432 501(c)(3) Education

NEW ORLEANS, LA

Total Revenue
$14,933,661
Total Expenses
$16,387,440
Total Assets
$6,505,999
Net Assets
$5,978,787
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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
LA
Principal Officer
MYRIALIS KING
Phone
5048617957
Tax Period
2024-07-01 to 2025-06-30

COMMUNITY ACADEMIES OF NEW ORLEANS INC, founded in 2019, is a mid-sized nonprofit in the Education sector that reported $14.9M in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring.

Mission

COMMUNITY ACADEMIES' MISSION IS TO CULTIVATE SCHOOLS THAT NURTURE STUDENTS' (CONT'D ON SCH. O) CHARACTER AND CRITICAL THINKING ABILITY IN RESPONSIVE LEARNING ENVIRONMENTS, THEREBY EQUIPPING THEM TO BE IMPACTFUL COMMUNITY LEADERS.

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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 $14,707,749
Program Service Revenue $64,510
Investment Income $150,468
Other Revenue $10,934
TOTAL REVENUE $14,933,661

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,536,687
Fundraising Expenses $0
Program Expenses $10,815,053
Other Expenses $5,850,753
TOTAL EXPENSES $16,387,440

Year-over-Year Comparison

2024 2023 Change
Revenue $14,933,661 $23,132,575 -0.4%
Expenses $16,387,440 $23,651,770 -0.3%
Net Income $-1,453,779 $-519,195 +1.8%
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

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Governance

Voting Members
9
Independent Members
9
Employees
319
Volunteers
9

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
8
$689,204
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SCOTT CHAMPAGNE TREASURER 1.00
Officer Director
$0 $0 $0
PATRICIA CHRISTOVICH SECRETARY 1.00
Officer Director
$0 $0 $0
NICOLE JOLLY CHAIR 1.00
Officer Director
$0 $0 $0
ASHLEIGH NETTER MEMBER 1.00
Director
$0 $0 $0
MARGO PHELPS MEMBER 1.00
Director
$0 $0 $0
ALYSSON MILLS MEMBER 1.00
Director
$0 $0 $0
BROOKE WYATT MEMBER 1.00
Director
$0 $0 $0
ADRIENNE CELESTINE VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSHUA COX MEMBER 1.00
Director
$0 $0 $0
MYRIALIS KING CHIEF EXECUTIVE OFFICER 40.00
Officer
$214,377 $24,343 $238,720
NICOLE SAULNY CHIEF OF SCHOOLS OFFICER 40.00
Officer
$142,345 $21,891 $164,236
KEEANYA CHENIER CHIEF FINANCIAL OFFICER (7/24-2/25) 40.00
Officer
$136,678 $25,511 $162,189
LAKEYTRA DOMINGUE CHIEF ACADEMIC OFFICER 40.00
Officer
$111,619 $12,440 $124,059
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 $14,933,661 $16,387,440 $6,505,999 $-1,453,779
2024 No data No data No data No data
2023 $26,827,405 $22,217,800 $8,679,970 $4,609,605
2022 $22,757,358 $20,759,329 $4,812,198 $1,998,029
2021 $19,811,905 $19,810,908 $3,607,282 $997
2020 $1,992,929 $613,129 $1,622,936 $1,379,800
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