SOUTH CAROLINA ACCELERATION ACADEMIES (EIN 851039210) - 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

SALLY-ANN ARCHIE

Phone

8434298003

Tax Period

2024-07-01 to 2025-06-30

SOUTH CAROLINA ACCELERATION ACADEMIES, founded in 2019, is a mid-sized nonprofit that reported $11.0M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $9.8M left a modest 11% surplus.

Mission

THE MISSION OF LOWCOUNTRY ACCELERATION ACADEMY (LAA) IS TO RE-ENGAGE YOUNG ADULTS NOT EXPERIENCING SUCCESS IN THE TRADITIONAL HIGH SCHOOL BY HELPING THEM TO IDENTIFY THEIR POTENTIAL, OVERCOME OBSTACLES, BUILD CONFIDENCE, AND PROVIDE THE ACADEMIC PROGRAMMING TO EARN THEIR HIGH SCHOOL DIPLOMA, SETTING THEM ON A CAREER PATH TO A BRIGHTER FUTURE.

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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 $11,036,784

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,036,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,743,547

Other Expenses $9,799,936

TOTAL EXPENSES $9,799,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,036,784	$7,214,184	+0.5%
Expenses	$9,799,936	$6,334,580	+0.5%
Net Income	$1,236,848	$879,604	+0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SALLY-ANN ARCHIE	CHAIR	2.00	Officer Director	$0	$0	$0
LEONARDO GARVIN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
NED MOORE	TREASURER	2.00	Officer Director	$0	$0	$0
CARLA FERRETTE-CLARK	BOARD MEMBER	2.00	Director	$0	$0	$0
LEONARDO GARVIN	BOARD MEMBER	2.00	Director	$0	$0	$0
BRUCE JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
GEORGE WARRINER	BOARD MEMBER	2.00	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
2025	$11,036,784	$9,799,936	$3,749,622	$1,236,848
2024	$7,214,184	$6,334,580	$2,792,852	$879,604
2023	$3,459,674	$3,128,583	$1,265,277	$331,091
2022	$1,870,098	$1,668,820	$526,785	$201,278
2021	$262,569	$372,673	$205,647	$-110,104
2020	No data	No data	No data	No data

SOUTH CAROLINA ACCELERATION ACADEMIES