SOUTHFIELD PREPARATORY ACADEMY

EIN: 850670838 501(c)(3)

Columbus, OH

Total Revenue
$3,370,909
Total Expenses
$3,859,840
Total Assets
$1,954,177
Net Assets
$-484,954
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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
2020
Legal Domicile
OH
Principal Officer
C David Massa
Phone
6149860116
Tax Period
2024-07-01 to 2025-06-30

SOUTHFIELD PREPARATORY ACADEMY, founded in 2020, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Expenses of $3.9M exceeded revenue, resulting in a 15% operating deficit.

Mission

We care about every student and are committed to preparing children for lifelong success. Our Individualized Learning with a unique baseline for each student and analyze performance data at regular, short intervals. Teachers and staff tailor lessons. Plans start and provide support accordingly. Individual Learning Plans are reviewed by teachers, parents, and guardians at least one time each quarter.

Program Service Accomplishments

Program 1
Expenses: $3,859,840 Revenue: $3,370,909

As part of the ACCEL Schools network, we strategically apply best practices to our curriculum design, teacher training, and integrated technology to drive continuous gains in academic performance.

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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 $3,370,909
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,370,909

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,889,684
Fundraising Expenses $0
Program Expenses $3,859,840
Other Expenses $1,970,156
TOTAL EXPENSES $3,859,840

Year-over-Year Comparison

2024 2023 Change
Revenue $3,370,909 $3,305,963 +0.0%
Expenses $3,859,840 $3,986,205 0.0%
Net Income $-488,931 $-680,242 -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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
5
$4,750
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dedra Hurst Board Chair 2.00
Director
$1,000 $0 $1,000
Kelly Dyer Board Member 1.0
Director
$1,000 $0 $1,000
Sean Herod Board Member 1.00
Director
$1,000 $0 $1,000
Heather Simonis Board Member 1.0
Director
$875 $0 $875
Scott Pullins Board Member 1.0
Director
$875 $0 $875
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 $3,370,909 $3,859,840 $1,954,177 $-488,931
2024 $3,305,963 $3,986,205 $2,551,193 $-680,242
2023 $3,787,947 $3,727,453 $2,899,231 $60,494
2022 $3,526,758 $3,229,616 $3,077,858 $297,142
2021 $2,594,162 $2,267,579 $697,759 $326,583
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