DISCOVERY PLUS ACADEMY (EIN 860916304) - 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

1998

Legal Domicile

Principal Officer

DEEANN WILLIAMS

Phone

9284852498

Tax Period

2023-07-01 to 2024-06-30

DISCOVERY PLUS ACADEMY, founded in 1998, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $1.1M left a modest 14% surplus.

Mission

EDUCATION TO KINDERGARTEN - FIFTH GRADES. TO PROVIDE PARENTS AND STUDENTS IN OUR RURAL AREA OF GRAHAM COUNTY AN ACADEMIC CHOICE OF INSTRUCTION. WE WANT THEM TO HAVE ACCESS TO EXTRAORDINARY EDUCATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,278,324

Program Service Revenue $14,293

Investment Income $5,203

Other Revenue $16,534

TOTAL REVENUE $1,314,354

Expense Breakdown

Grants Paid $0

Salaries & Benefits $861,249

Fundraising Expenses $0

Program Expenses $953,446

Other Expenses $267,294

TOTAL EXPENSES $1,128,543

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,314,354	$1,440,792	-0.1%
Expenses	$1,128,543	$1,184,345	0.0%
Net Income	$185,811	$256,447	-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

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

$88,424

Total Directors

$88,424

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLINT COLVIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RUTH GRANT	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DEEANN WILLIAMS	CHARTER REPRESENTATIVE	40.00	Officer Director	$63,401	$0	$63,401
DONNA BOLINGER	CHARTER REPRESENTATIVE	40.00	Officer Director	$24,584	$0	$24,584
PEGGY PAYNE	SECRETARY	5.00	Officer Director	$439	$0	$439
MATTHEW HERRINGTON	VICE-PRESIDENT	1.00	Officer 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	No data	No data	No data	No data
2024	$1,314,354	$1,128,543	$2,160,378	$185,811
2023	$1,440,792	$1,184,345	$1,978,536	$256,447
2022	$1,277,797	$1,091,158	$1,712,617	$186,639
2021	$1,133,756	$1,028,135	$1,534,386	$105,621

DISCOVERY PLUS ACADEMY