MBC Academy Inc The Mills Academy (EIN 851232211) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Legal Domicile

Phone

5024197811

Tax Period

2023-07-01 to 2024-06-30

MBC Academy Inc The Mills Academy is a small nonprofit in the Education sector that reported $873K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $774K left a modest 11% surplus.

Mission

TO PROVIDE A QUALITY EDUCATION TO CHILDREN IN GRADES K - 8 WITH DYSLEXIA AND OTHER LEARNING DIFFERENCES IN AN ENVIRONMNET THAT ALLOWS THEM TO THRIVE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $119,000

Program Service Revenue $754,041

Investment Income $0

Other Revenue $128

TOTAL REVENUE $873,169

Expense Breakdown

Grants Paid $0

Salaries & Benefits $527,877

Fundraising Expenses $0

Program Expenses $616,690

Other Expenses $245,719

TOTAL EXPENSES $773,596

Year-over-Year Comparison

	2023	2022	Change
Revenue	$873,169	$652,122	+0.3%
Expenses	$773,596	$660,321	+0.2%
Net Income	$99,573	$-8,199	-13.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$48,000

Total Directors

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDSEY JONES	Director	40.00	Director	$72,000	$0	$72,000
Norton T Jones	President	40.00	Officer Director	$48,000	$0	$48,000
SONNY STEIER	Director	0.00	Director	$0	$0	$0
BRAD MEYERS	Director	0.00	Director	$0	$0	$0
BRETT HALE	Director	0.00	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
2024	$873,169	$773,596	$155,289	$99,573
2023	$652,122	$660,321	$49,814	$-8,199
2022	$736,295	$674,520	$53,845	$61,775
2021	$566,287	$578,589	$21,196	$-12,302

MBC Academy Inc The Mills Academy