CPTKD 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

2020

Legal Domicile

Principal Officer

TERESA THROCKMORTON

Phone

2124194810

Tax Period

2024-01-01 to 2024-12-31

CPTKD Academy Inc, founded in 2020, is a small nonprofit in the Education sector that reported $256K in total revenue in fiscal year 2024. Revenue fell 96% from the prior year — a significant decline worth monitoring. Expenses of $1.8M exceeded revenue, resulting in a 594% operating deficit.

Mission

CPTKD ACADEMY (THE 'ACADEMY') IS ORGANIZED TO ADVANCE EDUCATION BY OPERATING A SCHOOL FOR MARTIAL ARTS EDUCATION. THE ACADEMY FOCUSES ON EACH STUDENT'S INDIVIDUAL DEVELOPMENT, WITH THE GOAL OF IMPROVING EACH STUDENT'S SKILLS AND CAPABILITIES.

Program Service Accomplishments

Program 1

Expenses: $1,760,515 Revenue: $19,170

AS PART OF THE PROGRAM, THE ACADEMY PROVIDES STUDENTS INSTRUCTION ON VARIOUS ELEMENTS OF TAEKWONDO, A KOREAN MARTIAL ART CHARACTERIZED BY SPECIFIC FORMS OF KICKS, BLOCKS, STRIKES, AND STANCES. THE...

AS PART OF THE PROGRAM, THE ACADEMY PROVIDES STUDENTS INSTRUCTION ON VARIOUS ELEMENTS OF TAEKWONDO, A KOREAN MARTIAL ART CHARACTERIZED BY SPECIFIC FORMS OF KICKS, BLOCKS, STRIKES, AND STANCES. THE ACADEMY'S CURRICULUM IS BASED ON TEACHING, PRACTICING, AND TESTING THESE SPECIFICFORMS, ALONG WITH OTHER SKILLS AND TECHNIQUES, SUCH AS FITNESS AND AGILITY. IN ADDITION, THE CURRICULUM ALSO FOCUSES ON THE IMPORTANCE OF CHARACTER AND KEY PHILOSOPHIES RELATED TO TAEKWONDO, SUCH AS INTEGRITY, COURTESY, AND PERSEVERANCE.

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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 $0

Program Service Revenue $19,170

Investment Income $236,971

Other Revenue $0

TOTAL REVENUE $256,141

Expense Breakdown

Grants Paid $0

Salaries & Benefits $609,690

Fundraising Expenses $0

Program Expenses $1,760,515

Other Expenses $1,167,037

TOTAL EXPENSES $1,776,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$256,141	$6,138,479	-1.0%
Expenses	$1,776,727	$1,687,631	+0.1%
Net Income	$-1,520,586	$4,450,848	-1.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODOLFO VALENZUELA	INSTRUCTOR	40.0	Highest	$169,570	$12,769	$182,339
RACHEL ROBIDOUX	OFFICE MANAGER	40.0	Highest	$137,177	$12,769	$149,946
DANN CUENCA	INSTRUCTOR	40.0	Highest	$131,454	$12,769	$144,223
TERESA THROCKMORTON	PRESIDENT	1.0	Officer Director	$0	$0	$0
WAYNE ROTHBAUM	SECRETARY	1.0	Officer Director	$0	$0	$0
TODD WIDER	DIRECTOR	1.0	Director	$0	$0	$0
VICTOR SEITLES	TREASURER	5.0	Officer	$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	$256,141	$1,776,727	$3,252,492	$-1,520,586
2023	$6,138,479	$1,687,631	$4,747,848	$4,450,848
2022	$884,321	$1,014,438	$297,000	$-130,117
2021	$1,618,282	$1,217,833	$427,117	$400,449
2020	$180,063	$153,395	$130,635	$26,668