DEEP WATERS ACADEMY (EIN 853670476) - 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

Formation Year

2020

Legal Domicile

Principal Officer

AMELIA CHIARA

Phone

2816397060

Tax Period

2024-07-01 to 2025-06-30

DEEP WATERS ACADEMY, founded in 2020, is a small nonprofit in the Education sector that reported $265K in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

WE PARTNER WITH FAMILIES TO GUIDE STUDENTS TO LEARN TO LOVE WHAT IS GOOD, TRUE, AND BEAUTIFUL ACCORDING TO THE GOSPEL VALUES OF JESUS CHRIST.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $27,739

Program Service Revenue $235,369

Investment Income $2,025

Other Revenue $-91

TOTAL REVENUE $265,042

Expense Breakdown

Grants Paid $0

Salaries & Benefits $206,651

Fundraising Expenses $10,332

Program Expenses $248,312

Other Expenses $74,150

TOTAL EXPENSES $280,801

Year-over-Year Comparison

	2024	2023	Change
Revenue	$265,042	$192,160	+0.4%
Expenses	$280,801	$187,222	+0.5%
Net Income	$-15,759	$4,938	-4.2%

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

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

$39,900

Total Directors

$62,830

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMELIA CHIARA	PRESIDENT	40.00	Officer Director	$15,490	$0	$15,490
KRISTIN FONTANA	VICE-PRESIDENT	40.00	Officer Director	$24,410	$0	$24,410
VINCENT CHIARA	SECRETARY	1.00	Officer Director	$0	$0	$0
KIM NOTO	BOARD MEMBER	0.50	Director	$0	$0	$0
FRANCIS FONTANA	BOARD MEMBER	0.50	Director	$0	$0	$0
ASHLEE SCHAFFRINNA	BOARD MEMBER	40.00	Director	$22,930	$0	$22,930
DUSTIN KINNISON	BOARD MEMBER	0.50	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	$265,042	$280,801	$90,269	$-15,759
2024	$192,160	$187,222	$106,994	$4,938
2023	$233,362	$165,846	$103,885	$67,516
2022	$106,466	$82,730	$38,668	$23,736

DEEP WATERS ACADEMY